Costco posts quarterly earnings beat as revenue grows
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Costco Wholesale Corporation reported better-than-expected earnings for the first quarter of fiscal 2025, driven by strong revenue growth, e-commerce performance, and rising membership fees.
December 12, 2024 | 9:45 pm
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Costco reported better-than-expected earnings for Q1 FY2025, driven by strong revenue growth, e-commerce performance, and rising membership fees.
Costco's earnings beat expectations due to robust revenue growth, strong e-commerce performance, and increased membership fees. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
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