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E-commerce Growth Propels Costco Wholesale Corporation (NASDAQ: COST) To Revenues and Earnings Growt

By: OTC

Costco Wholesale Corporation (NASDAQ: COST) appears to be navigating the apocalypse in the retail sector with ease. The company’s first-quarter results trouncing estimates and exceeding expectations attest to a company firing on all cylinders. This contrasts with some retailers that have had to close shops on store traffic declining to levels never seen before.

Earnings Beat:

The ability to continue attracting new members by offering a broad range of high-quality merchandise at low prices is a tactic that has allowed the retailer to stay afloat amid the challenging macro-environment. 

Click HERE to Read The Complete Report on COST 

Disclosure: We have no position in any of the securities mentioned. We wrote this article ourselves and it expresses our own opinions. We are not receiving compensation for it. We have no business relationship with any company whose stock is mentioned in this article. Stock Earnings  is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This article is not a solicitation or recommendation to buy, sell, or hold securities. This article is meant for informational and educational purposes only and does not provide investment advice. 

Hiral Shah, StockEarnings.com.

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