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Trending: Costco Sees Higher 4Q Revenue, Same-Store Sales

13:22 ET -- Costco Wholesale Corp. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The bulk supply and food store posted higher sales in its fourth quarter, and said its revenue rose 15%, to $72.09 billion. Analysts polled by FactSet were looking for quarterly revenue of $72.04 billion. Comparable sales for stores and digital channels operating for at least 12 months rose nearly 14%, compared with the same period last year. Costco shares were down 3%, to $471.21, at 1:15 p.m. ET. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

September 23, 2022 13:37 ET (17:37 GMT)

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