Costco Fiscal Q2 Earnings, Revenue Increase

MT Newswires Live
03-07

Costco Wholesale (COST) reported fiscal Q2 net income late Thursday of $4.02 per diluted share, up from $3.92 a year earlier.

Analysts polled by FactSet, on average, expected $4.11.

Total revenue for the 12 weeks ended Feb. 16 was $63.72 billion, compared with $58.44 billion a year earlier.

Analysts expected $63.11 billion.

Costco shares were down 1.4% in Thursday's after-hours session.

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