Costco reported their fiscal Q3 results on May 30, 2024, seeing acceleration across the board in net sales growth, comp store sales (traffic and transactions), and eCommerce vs. prior quarter. The stock is up almost 25% year-to-date with little change following earnings.
*Note: Costco’s fiscal year runs from September to August, making their fiscal Q3 which ended May 12, 2024, comparable to other retailers’ Q1 results.
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