Costco Wholesale Corporation ( COST ) shares are falling Friday after the company reported second-quarter fiscal 2025 earnings that fell short of expectations.
Costco Wholesale Corporation ( COST ) shares are falling Friday after the company reported second-quarter fiscal 2025 earnings that fell short of expectations.
What To Know: Despite strong revenue growth, the company's quarterly earnings per share came in at $4.02, missing analyst estimates.
Net sales for the second quarter rose 9.1% year-over-year to $62.53 billion, while total revenue--including membership fees--reached $63.72 billion.
Comparable sales, excluding the impact of gasoline prices and foreign exchange, increased 9.1% during the second quarter.
COST Price Action: Costco shares were down 7.33% at $951.33 at the time of writing, according to Benzinga Pro.
Read Next:
Unemployment Rate Ticks Higher In February, US Economy Adds Fewer Jobs Than Expected
Image Via Shutterstock.