Costco beats quarterly sales estimates on resilient demand for essentials
24/09/2026 21:17
Costco beats quarterly sales estimates on resilient demand for essentials Sept 24 (Reuters) - Costco Wholesale COST.O beat quarterly revenue estimates on Thursday, as resilient demand for essential goods from shoppers feeling squeezed by high inflation drove foot traffic to its warehouses.
The company posted revenue of $95.72 billion for the fourth quarter, above Wall Street estimates of $94.86 billion, according to data compiled by LSEG.
(Reporting by Angela Christy in Bengaluru and Nicholas P. Brown in New York; Editing by Jonathan Ananda)
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