4 Key Takeaways From Costco's Earnings Call

After Costco (COST) reported better-than-expected earnings but its revenue growth came in lower than anticipated for the second quarter of fiscal 2024, shares fell more than 6% in early trading Friday. The call was Richard Galanti's final as Chief Financial Officer (CFO), with ex-Kroger (KR) CFO Gary Millerchip set to assume the role after Galanti's near 40-year run at the position ends later this month. The shift has led to speculation on how Costco could change with a new CFO, including whether the compa ...