Costco beats quarterly sales estimates on bulk buying surge
ReutersMar 6, 2025 9:17 PM
March 6 (Reuters) - Costco Wholesale COST.O beat Wall Street expectations for second-quarter revenue on Thursday, as its members shopped more goods, including groceries, home furnishings and electronics, in bulk from its retail outlets amid rising living costs.
The company's quarterly revenue rose 9% to $63.72 billion, compared with analysts' average expectations of $63.13 billion according to data compiled by LSEG.
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