The wholesale retailer reduced prices on wings, chocolate almonds, golf balls, and king-size sheets by as much as $10
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Costco Wholesale is the last major retailer to report results this earnings season. After multiple retailers noted, however cautiously, that consumers are still spending, investors will be looking to see if Costco does the same. For its fiscal third quarter, Costco is expected to earn $4.98 a share, a 16.3% increase from the year-ago period, on a 10% rise in revenue to $69.68 billion.
Costco Earnings in Focus After BofA Predicts More Growth Ahead
Costco Wholesale's (COST) fiscal third-quarter earnings are expected to fall short of consensus esti