Costco Wholesale Q3 Sales $53.65B Miss $54.57B Estimate
Portfolio Pulse from Benzinga Newsdesk
Costco Wholesale reported Q3 sales of $53.65 billion, missing the estimated $54.57 billion.
May 25, 2023 | 8:20 pm
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NEGATIVE IMPACT
Costco's Q3 sales missed estimates, potentially impacting its stock price negatively.
Costco's Q3 sales came in lower than expected, which could lead to a negative sentiment among investors and potentially cause a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100