Costco: Fiscal Q2 Earnings Snapshot

ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal second-quarter earnings of $1.47 billion. T...

March 3, 2023
4:18 AM

ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal second-quarter earnings of $1.47 billion. The Issaquah, Washington-based company said it had net income of $3.30 per share. Advertisement Article continues below this ad The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $3.20 per share. The warehouse club operator posted revenue of $55.27 billion in the period, falling short of Street forecasts.