Costco Tops Q2 Profit Estimates, Revenue Slightly Misses; Strong Same-Store Sales Growth
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Costco Q2 earnings beat profit estimates, EPS of $3.92 vs $3.62 expected
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Revenue slightly missed at $58.44B vs $59.04B expected
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Same-store sales growth strong at 5.8% vs 4.65% expected
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US same-store sales also beat at 4.8% vs 4.09% expected
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Membership fees increased to $1.11B from $1.03B a year ago