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Costco Stock Dips Despite Solid Q4 Results as Discretionary Spending Weakens
Costco Stock Dips Despite Solid Q4 Results as Discretionary Spending Weakens
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Costco shares fell 2.5% despite reporting steady Q4 growth, with revenue reaching $86.2 billion and EPS beating estimates at $5.87. The decline reflects investor concerns over weakening discretionary spending—a higher-margin segment for the retailer—even as membership fees surged 14%.
Management's remarks about adjusting product assortments to reflect shifting consumer behavior underscored broader economic caution. While Costco's staple-driven model remains resilient, the market reaction highlights sensitivity to margin pressures in the current environment.
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