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Benzinga
Benzinga
Business
Triveni Kothapalli

What's Costco's Secret To Staying Profitable In Uncertain Times?

Costco COST Joseph Feldman United States
Costco Earnings Beat

Costco Wholesale Corp. (NASDAQ: COST) delivered robust earnings in its fourth quarter, demonstrating resilient market share gains and double-digit earnings growth despite macroeconomic uncertainties.

Telsey Advisory Group analysts, led by Joseph Feldman, reiterated their Outperform rating on Costco with a $1,100 price forecast, following the company's stronger-than-expected fiscal fourth-quarter results.

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