Costco Wholesale misses quarterly revenue estimates-March 2024-www.financetom.com

Costco Wholesale misses quarterly revenue estimates

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Costco Wholesale misses quarterly revenue estimates

Sep 30, 2024 12:10 AM

Sept 26 (Reuters) - Costco Wholesale ( COST ) missed

market expectations for fourth-quarter revenue on Thursday on

cautious spending by budget-conscious customers at its

membership-only stores, as well as an impact from lower gasoline

prices.

Costco reported quarterly revenue of $79.70 billion,

compared with analysts' average estimate of $79.97 billion,

according to LSEG data.

Previous page： LQR House Acquires Stake in DRNK Beverage for $4.8 Million Next page： Accenture Unit Wins Up to $170 Million Contract to Modernize Transportation Security Administration's Security Applications

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

LQR House Acquires Stake in DRNK Beverage for $4.8 Million

Jun 10, 2024

10:27 AM EDT, 06/10/2024 (MT Newswires) -- LQR House ( LQR ) said Monday it has acquired 1.92 million shares of DRNK Beverage for a total of $4.8 million. The shares, which represent a roughly 8.6% stake in DRNK, were bought at $2.50 per share, LQR said. Through this investment, the company said it will be able to enter the...

Accenture Unit Wins Up to $170 Million Contract to Modernize Transportation Security Administration's Security Applications

Jun 10, 2024

10:22 AM EDT, 06/10/2024 (MT Newswires) -- Accenture ( ACN ) said Monday its federal services unit has won a five-year contract worth up to $170 million from the Transportation Security Administration to enhance the federal agency's existing security applications. The company's unit will also help TSA launch new mobile and cloud computing technologies. ...

LiveOne Surpasses 3.8 Million Members

Jun 10, 2024

10:24 AM EDT, 06/10/2024 (MT Newswires) -- LiveOne ( LVO ) said Monday it has surpassed 3.8 million total members, marking a 25% year-over-year increase. Brad Konkol, head of Slacker Radio, said the membership growth was driven by the power of collaborative B2B partnerships, according to the company statement. Shares of the company were up 0.9% in early Monday trading....

Canada, UK launched joint probe into 23andMe data breach, says Canada

Jun 10, 2024

OTTAWA, June 10 (Reuters) - The Canadian and British privacy authorities have launched a joint probe into a data breach at genetics testing company 23andme last year, Canada's privacy commissioner said in a statement on Monday. Last October, 23andMe told some customers of a breach into the DNA Relatives feature that allowed them to compare ancestry information with users worldwide....