May 30 (Reuters) - Costco Wholesale ( COST ) beat

third-quarter revenue expectations on Thursday, as cash-strapped

consumers flocked to its warehouses to grab low-priced groceries

and discretionary items.

The company reported total revenue of $58.52 billion in the

quarter ended May 12, compared with analysts' average estimate

of $58.07 billion, according to LSEG data.