Business

Costco Misses Earnings and Revenue Expectations. The Stock Dips.




Costco Wholesale


bought a sluggish begin to its new fiscal yr, lacking earnings and income expectati ons and sending the inventory decrease in after-hours buying and selling on Thursday.

Investors had been cautious headed into


Costco


‘s (ticker: COST) first-quarter earnings print after a weaker-than-expected November sales report that shocked buyers final week. The outcomes launched Thursday amplified these considerations.



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