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BUSINESSWTOP·4h ago

Costco: Fiscal Q4 Earnings Snapshot

BUSINESSBEATPOST
AI TLDR · GEMINI

Costco Wholesale Corp. reported a fiscal fourth-quarter net income of $3 billion, or $6.60 per share, exceeding Wall Street expectations.

ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal fourth-quarter net income of $3 billion. The Issaquah, Washington-based company said it had net income of $6.75 per share. Earnings, adjusted for non-recurring gains, came to $6.60 per share. The results surpassed Wall Street expectations. The average estimate of...

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