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Costco Wholesale Corp (NASDAQ:COST) reported financial results for the second quarter after the market close on Thursday. Here’s a rundown of the report.
Q2 Earnings: Costco reported second-quarter revenue of $62.72 billion, beating the consensus estimate of $63.13 billion. The membership-based retailer reported second-quarter adjusted earnings of $4.02 per share, missing analyst estimates of $4.10 per share, according to Benzinga Pro.
Net sales for the second quarter were up 9.1% year-over-year. Comparable sales in the second quarter were up 8.3% in the U.S., up 4.6% in Canada and up 1.7% in …
