Costco Wholesale is scheduled to report earnings for the first quarter of fiscal 2025 after the market closes, with analysts expecting the retailer to report rising revenue and profits.
Costco said its e-commerce sales in November were hit as this year’s Thanksgiving weekend happened a week later this year versus the last one, affecting year-over-year comparisons.
Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices ...
E-commerce sales in November fell because Thanksgiving, Black Friday, and Cyber Monday were a week later this year.
Costco Wholesale posted higher sales in November, but its top line would have been better if Thanksgiving -- and the holiday shopping associated with it -- hadn't occurred so late in the month.
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