Costco Q2 Earnings Lag Estimates, E-Commerce Comp Sales Rise 21%
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Costco's Q2 earnings report shows a 9% year-over-year revenue increase, with e-commerce comparable sales rising by 20.9%. Despite the revenue growth, earnings lagged behind estimates.
March 07, 2025 | 6:30 pm
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Costco's Q2 earnings lagged estimates, but the company reported a 9% revenue increase and a 20.9% rise in e-commerce sales.
While Costco's revenue and e-commerce sales showed strong growth, the fact that earnings lagged estimates may neutralize the positive impact of revenue growth on the stock price in the short term.
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