Costco reported August net sales of $23.70B for the four weeks ended Aug. 30, up 9.9% from $21.56B a year earlier. The double-digit growth rate is a modest positive read-through for demand and near-term performance, though the release contains no additional guidance or profit details.
Costco reported August net sales of $23.70B for the four weeks ended Aug. 30, up 9.9% from $21.56B a year earlier. The double-digit growth rate is a modest positive read-through for demand and near-term performance, though the release contains no additional guidance or profit details.
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mildly positive
Sentiment Score
0.25
Ticker Sentiment
