Costco announces mixed earnings report as slower sales of ‘big-ticket’ items offset by higher food sales
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…