Costco misses quarterly sales expectations amid reduced consumer spending
ReutersMay 29, 2025 8:17 PM
May 29 (Reuters) - Costco Wholesale COST.O missed Wall Street expectations for third-quarter revenue on Thursday, as consumers grappling with rising living costs pared back on large purchases, especially of non-essential goods such as home furnishings.
The company's quarterly revenue rose 8% to $61.96 billion, compared with analysts' average expectations of $63.19 billion, according to data compiled by LSEG.
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