March 6 (Reuters) - Costco Wholesale COST.O beat Wall Street expectations for second-quarter revenue on Thursday, as its members shopped more goods, including groceries, home furnishings and electronics, in bulk from its retail outlets amid rising living costs.
The company's quarterly revenue rose 9% to $63.72 billion, compared with analysts' average expectations of $63.13 billion according to data compiled by LSEG.
(Reporting by Neil J Kanatt in Bengaluru; Editing by Krishna Chandra Eluri)
((Neil.JKanatt@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.