March was another strong month for Costco COST +6.21% Wholesale, suggesting consumer demand for bulk buying wasn’t dampened by macroeconomic uncertainty.
March was another strong month for Costco COST +6.21% Wholesale, suggesting consumer demand for bulk buying wasn’t dampened by macroeconomic uncertainty.
Costco missed expectations for its second-quarter revenue, but posted higher-than-expected growth in same-store sales.
Peloton told investors Thursday it still has a “steep hill to climb” to achieve profitable growth under its new CEO, but the connected fitness company beat holiday sales expectations, thanks in part to its partnership with Costco.
CEO says pharmacy business is retailer’s ‘biggest tailwind’ amid ‘a lot of disruption’ in that industry
Costco Wholesale saw revenue growth slow again in November. This time, the company said it was because Thanksgiving and Black Friday fell later in the month than in past years.
Peloton’s stationary bikes will soon sell at Costco’s stores and on its website as the beleaguered fitness company looks for new ways to reach younger and affluent customers, Peloton is set to announce Tuesday.
Costco Wholesale ’s September sales show that the retailer is still firing on all cylinders, and that a bit of concern among consumers can help.
Revenue of $79.7 billion was a hair shy of consensus calls for $79.9 billion. Same-store sales, a metric measuring sales growth at stores open more than a year, increased 5.4% from a year ago, falling short of estimates calling for a 5.7% increase.
The wholesale club’s net sales at rose by 7.1% year over year to $19.8 billion in August, dovetailing a 7.1% increase in July.
Membership fees for individuals to rise by $5 for U.S. shoppers starting in September
Costco Wholesale’s revenue came in short of expectations in its latest quarter, sending the stock lower in after-hours trading Thursday.
Costco Wholesale’s sales jumped nearly 10% in March compared with a year ago, giving the stock a modest lift in Wednesday’s after-hour trading session.
Costco Wholesale topped earnings expectations, but the stock fell in after-hour trading Thursday following the company’s rare revenue miss.
Costco Wholesale ended 2023 with a bang as holiday shoppers gave the retailer a boost.
Costco Wholesale topped Wall Street estimates for quarterly sales and profit on Thursday, as more customers turned to its stores to shop for cheaper groceries and essentials, sending its shares up about 2% after the bell.
Costco Wholesale just got a strong start to its first fiscal quarter.
Costco on Tuesday reported quarterly earnings that topped Wall Street’s expectations.
Costco Wholesale‘s third-quarter earnings and sales fell short of expectations, sending the stock lower in after-hours trading.