Costco reports mixed second-quarter earnings
Costco on Thursday reported an earnings miss, but beat expectations for revenue for the second quarter.Here's how the wholesale company did compared with what Wall Street was expecting for the quarter ended Feb. 16, based on a survey of analysts by LSEG:Earnings per share: 4.11 expectedRevenue: 63.13 billion expectedSecond-quarter revenue increased 9% to 58.44 billion during the same quarter in fiscal 2024. Net sales for the quarter rose 9.1% to $62.53 bi ...