Costco Shares Dip After Q3 Sales Rise 11.6% to $69.2 Billion

5 articles · Updated · Seeking Alpha · May 28

Costco slipped slightly in postmarket trading Thursday after releasing fiscal third-quarter results.
Q3 total sales rose 11.6% to $69.2 billion, a faster growth rate than other major retailers including Walmart.
The market reaction left the stock lower despite strong top-line growth, making the earnings release the immediate driver of after-hours trading.
The report underscores Costco's continued sales momentum even as investors scrutinize whether strong revenue growth is enough to support the shares.

Costco's stock is priced for perfection. Can its growth strategy satisfy Wall Street's sky-high expectations?

With record US tariffs, can Costco's plan to cut prices protect both its customers and its bottom line?