Earnings Results: Costco boosts inflation estimate for 3rd-straight quarter, says some inventory ‘won’t make it before Christmas’

  • Written by MarketWatch
  • Published in Economics
Shares of Costco Wholesale Corp. charged higher Friday into record territory, after the membership-based warehouse retail giant reported better-than-expected earnings, even as inflation and supply chain issues continued to take a bigger bite out of its results.
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