Home / NEWS / Retail / Costco’s quarterly results show why we’re long-term investors, despite softer sales

Costco’s quarterly results show why we’re long-term investors, despite softer sales

Shoppers wearing face covers leave a Costco wholesale store in Washington, D.C.

Ting Shen | Xinhua News Agency | Getty Images

Wholesale retailer Costco Wholesale (COST) on Thursday carted solid earnings for its second quarter of fiscal year 2023, even as signs of weakening sales pushed percentages lower in afterhours trading. But the results don’t change the Club view that Costco is still the best-run retailer in the U.S.

Check Also

How Facebook Marketplace is keeping young people on the platform

Meta‘s Facebook’s on remains strong globally, but younger users are logging in less. Only 32% …

Leave a Reply

Your email address will not be published. Required fields are marked *