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Costco Wholesale Company (NASDAQ: COST) on Thursday reported a 2% enhance in third-quarter 2023 revenues. Nevertheless, the warehouse behemoth’s earnings declined.
Third-quarter income elevated 1.9% to $53.6 billion from $52.6 billion final yr. Complete comparable retailer gross sales grew 0.3%, whereas e-commerce gross sales declined 10%.
The corporate’s internet earnings declined to $1.30 billion or $2.93 per share within the April quarter from $1.35 billion or $3.04/share within the third quarter of 2022.
Prior Efficiency
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