From CNBC: 2024-12-12 20:23:40

Costco reported a strong quarter, exceeding revenue and earnings expectations. Total revenue for the first quarter of fiscal year 2025 was $62.15 billion, with earnings per share at $4.04. The company’s focus on newness, quality, and value is driving share gains from competitors. Costco’s stock price has risen nearly 50% year to date. Membership renewal rates slightly dipped due to an increase in digital sign-ups. Costco plans to add 26 net new locations in fiscal 2025, with expansion efforts both domestically and internationally.



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