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Costco's Latest Earnings Results Aren't All That Concerning

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.