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Buying Costco surplus flooding? Let’s look at the chart



Costco Wholesale (cost)-Get report The reported fourth-quarter earnings and revenue were better than expected. Nevertheless, the stock fell about 3% in early trading on Friday.

Retail is made up of with and without. Fortunately for investors, Costco belongs to the former group, which consists of other retailers such as Target (TGT)-Get report Walmart (WMT)-Get report.

However, with Friday’s profit declining, people may not feel that way.

Earnings of $3.13 per share easily exceeded the expected 32 cents. Revenue was US$53.38 billion, a year-on-year increase of 1

2.4%, exceeding expectations by more than US$1 billion.




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