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

Costco Wholesale misses quarterly revenue estimates

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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.

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