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Costco misses quarterly sales expectations amid reduced consumer spending
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Costco misses quarterly sales expectations amid reduced consumer spending
May 29, 2025 1:43 PM

May 29 (Reuters) - Costco Wholesale ( COST ) missed Wall

Street expectations for third-quarter revenue on Thursday, as

consumers grappling with rising living costs pared back on large

purchases, especially of non-essential goods such as home

furnishings.

The company's quarterly revenue rose 8% to $61.96 billion,

compared with analysts' average expectations of $63.19 billion,

according to data compiled by LSEG.

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