Costco Delivers Strong Q1 Earnings
From Barchart: 2024-12-13 08:17:00
Costco Wholesale (NASDAQ:COST) reported strong first-quarter results, with revenue up 7% to $62.15 billion and earnings per share at $4.04, beating expectations. The company’s gross margin expanded to 11.3%, showing improved efficiency. Paid memberships grew by 7.5% and membership fee income increased by 8%.
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