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Warehouse behemoth Costco Wholesale Company (NASDAQ: COST) has reported a 15% improve in fourth-quarter 2022 revenues, which translated into double-digit progress in web revenue.
Fourth-quarter revenues elevated sharply to $72.09 billion. Complete comparable retailer gross sales grew 13.7%, with e-commerce gross sales rising 7.1%.
Examine this house to learn administration/analysts’ feedback on Costco’s This fall 2022 earnings
Reflecting the robust top-line progress, web revenue moved as much as $1.87 billion or $4.20 per share within the August quarter, which is larger than the $1.67 billion or $3.76/share revenue reported within the fourth quarter of 2021.
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