Reported 1 day ago
Costco Wholesale (COST) exceeded expectations for its fiscal first quarter earnings by generating $62.15 billion in revenue, surpassing Wall Street's forecast of $61.98 billion, and reporting adjusted earnings per share of $4.04, above the anticipated $3.81. The positive results come after a recent rise in membership fees, prompting analysis of the retailer's market performance.
Source: YAHOO