Costco Wholesale Posts Q4 Earnings Miss; Performing Well Above Peers, Analysts Say
1. Costco reported mixed fiscal Q2 results, impacting shares negatively. 2. Same-store sales grew 9.1%, exceeding the 6.3% consensus estimate. 3. Earnings per share were $4.03, missing the $4.11 forecast. 4. Analysts maintain positive outlooks, with increased price targets. 5. E-commerce sales rose 22%, indicating strong online performance.