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Costco's (COST) Q2 Earnings Beat, Comparable Sales Rise 5.6%
COSTCostco(COST) Zacks Investment Research·2024-03-08 12:16

Costco Wholesale Corporation (COST) came up with second-quarter fiscal 2024 results, wherein the top line missed the Zacks Consensus Estimate but increased year over year. Conversely, the bottom line not only beat the consensus mark but also improved from the year-ago period. Comparable sales also displayed a decent improvement, with the growth rate accelerating on a sequential basis. Costco's e-commerce sales also showcased a sharp rise.Q2 Earnings & Sales PictureCostco's second-quarter adjusted earnings p ...