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.
Source: https://www.barrons.com/articles/costco-stock-cost-earnings-results-51670536657?siteid=yhoof2&yptr=yahoo