Costco Q4 Earnings Beat Estimates Even Though Revenues Miss
Costco(COST) ZACKS·2024-09-28 04:00
Costco Wholesale Corporation (COST) posted its fourth-quarter fiscal 2024 results, with earnings surpassing the Zacks Consensus Estimate but revenues falling short of the same. Both the metrics showed year-over-year growth. Comparable sales also increased, though the pace of growth moderated compared to the preceding quarter. This can be attributed to the cautious consumer spending environment and lower gasoline prices.Costco’s Quarterly Performance: Key Metrics and InsightsCostco reported adjusted earnings ...