Costco Stock Exhibits Muted Reaction Amid Double-Beat Earnings Report

The latest earnings season is all but wound down, but that doesn’t mean this week came and went without its share of headlines.We heard from a major discount retail player in Costco yesterday evening, with the company delivering clear beats on both revenue and earnings while demonstrating the enduring strength of its membership-driven model.With less than 4% of S&P 500 companies left to report results, the index is tracking at a roughly 15% earnings growth rate for the quarter, which would mark the S&P 500' ...