Previewing the Q3 Earnings Season

Costco (COST) shares were down following the company’s mixed quarterly release where it narrowly missed on the top-line even as it handily beat bottom-line estimates. Other than the modest revenue miss, there is not a whole lot in the report that Costco shareholders can complain about, as the company continues to deliver impressive results in a consumer spending backdrop that many of its peers are finding challenging.Costco’s quarterly earnings were up +6.1% on +1% higher revenues, with comparable same-stor ...