Updated: 27m
Costco Wholesale Corp. reported record-setting fiscal first-quarter results that ended Nov. 23, exceeding Wall Street expectations with net income of $2.0 billion and total revenue reaching $67.31 billion, driven by robust digital sales and strong comparable sales growth.The wholesale giant also saw significant expansion, opening eight new warehouses globally and increasing its membership base to nearly 146 million cardholders, while simultaneously pursuing a lawsuit against the US government over tariffs.
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Costco

Costco Wholesale Corp. reported record-setting fiscal first-quarter results that ended Nov. 23, exceeding Wall Street expectations with net income of $2.0 billion and total revenue reaching $67.31 billion, driven by...

27m
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DonaldTrump

Costco filed a lawsuit in the US Court of International Trade challenging import tariffs imposed under the International Emergency Economic Powers Act by Donald Trump. The company argues Trump lacked legal authority to...

2 Dec/3 Dec
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