Costco Reports Q3 Earnings Beat Driven by Record Gas Sales and Strong E-Commerce Growth
Costco Wholesale reported fiscal third-quarter net sales of $69.15 billion, surpassing Wall Street expectations due to record gasoline volumes and strong e-commerce performance. The company's total revenue reached $70.53 billion with a net income increase to $2.19 billion.
Tickers: $COST
Topics: e-commerce gas sales membership growth retail