Costco set to report earnings after Thursday's close
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Costco will report its fourth-quarter earnings results on Thursday afternoon.
Video Transcript
RACHELLE AKUFFO: All right. Well, here's my stock to watch for tomorrow, and it's Costco. The retail giant reporting earnings after the close tomorrow. And all eyes will be on memberships and cost pressures in this inflationary environment. Now there is speculation the company could raise prices of its annual membership fee. You remember that after Sam's Club made that same move last month. Costco expected to report earnings of $4.17 per share on revenue of $70.8 billion. Shares just slightly down about 1 and 1/3% today.
