Costco Earnings Beat Expectations. Why the Stock Is Dropping.

Core Insights - Costco Wholesale reported earnings and revenue for the fiscal fourth quarter that exceeded expectations, yet the stock price declined due to lower-than-expected growth in same-store sales [2]. Group 1: Earnings and Revenue - The earnings and revenue figures for Costco in the fiscal fourth quarter surpassed market expectations [2]. Group 2: Stock Performance - Despite strong earnings and revenue, Costco's stock experienced a drop, attributed to disappointing same-store sales growth [2].