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data-date=”Updated Dec. 8, 2022 6:34 pm ET” data-headline=”Costco Misses Earnings and Revenue Expectations” data-id=”WP-BAR-0000512639″ data-summary=”” data-url=”https://www.barrons.com/articles/costco-stock-cost-earnings-results-51670536657″>
Costco Wholesale got a sluggish start to its new fiscal year, missing earnings and revenue expectations and sending the stock lower in after-hours trading on Thursday.
Investors had been wary headed into Costco ‘s (ticker: COST) first-quarter earnings print after a weaker-than-expected November sales report that surprised investors last week. The results released Thursday amplified those concerns.
