Costco beats quarterly sales estimates on strong demandDec 11 (Reuters) - Costco Wholesale COST.O beat Wall Street estimates for first-quarter revenue on Thursday, on the back of resilient demand from consumers across income groups amid rising economic uncertainty.
The company posted quarterly revenue of $67.31 billion, compared with analysts' estimate of $67.14 billion as per data compiled by LSEG.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Krishna Chandra Eluri)
((AnujaBharat.Mistry@thomsonreuters.com))
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