Issaquah, Washington. Costco Wholesale Corporation (NASDAQ: COST), the largest membership-only warehouse club, reported solid fiscal third quarter and year-to-date results for 2024 on Wednesday. The company’s net sales climbed 9.1% year-over-year to $57.39 billion for the 12-week quarter ended May 12th, buoyed by higher membership fees and continued strong demand from its loyal customer base. Comparable sales, an important retail metric, increased 6.6% for the…
Costco Reports Strong Q3 Revenue Growth, Benefiting From Higher Membership Fees
Membership Model Proves Resilient as Consumers Seek Value.
