Costco Wholesale reported better-than-expected fourth-quarter results on Thursday night, but the numbers were not strong enough to silence the debate around membership trends and the retailer’s growth outlook. Total revenue in the August quarter increased 11.1% year over year to $95.72 billion, ahead of Wall Street expectations of $94.86 billion, according to estimates compiled by LSEG. Adjusted earnings per share (EPS) in the 16-week period rose 15% to $6.75, ahead of expectations, LSEG data showed. The EPS figure still beat consensus when stripping out a 15-cent benefit resulting from tariff refunds, thanks to the Supreme Court ruling in February that President Donald Trump’s emergency levies were unconstitutional. Membership fee…
