Costco announced earnings for the second quarter of the company’s fiscal year that delivered mixed results that mostly beat expectations.
Costco’s net sales for the quarter jumped to $54.24 billion – an increase of 6.5% that came in shy of estimates of $55.5 billion. Earnings per share were $3.30 a…
Costco announces mixed earnings report as slower sales of ‘big-ticket’ items offset by higher food sales
![](https://i0.wp.com/globalbankingmonitor.com/wp-content/uploads/2023/03/adeolu-eletu-E7RLgUjjazc-unsplash-scaled.jpg?fit=696%2C461&ssl=1)
Photo by Adeolu Eletu on Unsplash