Reported 12 days ago
Costco is expected to report solid fourth-quarter earnings with projected revenue of $79.96 billion, marking a 1.29% increase year-over-year, and earnings per share anticipated to rise 12.2% to $5.69. Following its first membership fee hike since 2017, analysts forecast strong sales growth, including a 6.4% increase in same-store sales and a 19.63% jump in e-commerce. The changes are expected to positively impact membership fee revenue, anticipated to reach $1.54 billion.
Source: YAHOO