Did you know you can buy diamond rings at Costco? And expensive ones, at that.
Key Points
Costco said same-store sales were up 5.6% in the latest quarter, excluding any effects from gasoline prices and currency fluctuations. That was better than the 5.48% growth analysts were expecting, based on Refinitiv data.But Costco shares were falling about 2% Friday morning, despite the upbeat earnings report, as investors fear the impact additional tariffs might have on its business.
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