Costco earnings to test sales momentum
COST•Costco is expected to report fiscal Q4 revenue of $94.86 billion, up 10%, and adjusted earnings of $6.53 per share, compared with $5.87 a year earlier.
1. Sales expectations
The warehouse club operator is scheduled to report results after Thursday’s market close. Earlier this month, Costco reported a 9.9% year-over-year increase in August net sales and a 9.4% rise in fiscal Q4 comparable sales.
