Costco's Latest Earnings Results Aren't All That Concerning
There are signs that the economy is slowing down, and even Costco Wholesale (NASDAQ: COST) isn't immune to those effects. On May 25, Costco reported its fiscal third-quarter earnings numbers for the period ended May 7. A softer economy is making it more challenging for retailers to grow their earnings and even Costco isn't proving to be infallible anymore.