Costco's Fourth Quarter Was in Line With Expectations. Investors Aren't Enthused. | Barron's

2022-09-24 00:04:31 By : Ms. Angela Chen

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https://www.barrons.com/articles/costcos-earnings-51663790282

Costco Wholesale stock dropped in after-hours trading on Thursday after the wholesale retailer posted fourth-quarter results that failed to energize investors.

Wall Street wasn’t expecting to be blown away by Costco’s (ticker: COST) earnings, given that it’s one of the few companies that still provides monthly sales updates, eliminating speculation. And for the most part, it wasn’t.

Costco Wholesale stock dropped in after-hours trading on Thursday after the wholesale retailer posted fourth-quarter results that failed to energize investors.

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