Costco Stock Price Forecast – (NASDAQ:COST) Q4 Earnings Beat, $86.16B Revenue, Shares Fall 2.9% to $915.95 Amid Valuation Concerns
Costco (NASDAQ:COST) Earnings Beat Meets Valuation Roadblock
Costco Wholesale Corporation NASDAQ:COST delivered fiscal Q4 results that once again underscored the company’s operational strength but also highlighted the tension between financial performance and stock valuation. Revenue reached $86.16 billion, up 8.1% year-over-year and above the $86.03 billion consensus estimate. Earnings per share came in at $5.87, beating forecasts of $5.82. Same-store sales grew 6.4%, modestly ahead of estimates, with Canada leading the pack at 8.3% growth and international markets delivering 7.2%. The U.S. business, however, posted 6% growth, slightly short of the 6.1% expected. Despite the beats, the stock declined 2.90% on earnings day, closing…
