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Stock impact report

Costco reports mixed second-quarter earnings, comparable sales growth [MSNBC.com]

FactSet Research Systems Inc. (FDS) 
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Company Research Source: MSNBC.com
CostcoShares ticked down over 1% in extended trading on Thursday evening.Here's how the wholesale company did compared with what Wall Street was expecting for the quarter ended Feb. 16, based on a survey of analysts by LSEG: per share:Costco CEO Ron Vachris said although it's difficult to forecast the impact oftariffs"In uncertain times, our members have historically placed even greater importance on the value of high-quality items at great prices, and our teams will continue to rise to this challenge by leveraging our global buying power, strong supplier relationships and innovation," Vachris said.Citing tariff implications for groceries specifically, Vachris said margins are "much tighter" in that area, but that Costco will work with suppliers to mitigate the fallout for consumers.PresidentDonald TrumpersTargetBest BuyCostco's second-quarter revenue increased 9% to $63.72 billion, from $58.44 billion during the same quarter in fiscal 2024. Net sales for the quarter rose 9.1% to $62. Show less Read more
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