© Reuters. FILE PHOTO: Individuals kind a protracted queue as they look forward to the Costco wholesalers to open in Manchester, Britain March 15, 2020. REUTERS/Phil Noble
(Reuters) – Costco Wholesale Corp (NASDAQ:) missed estimates for quarterly income on Thursday, harm by prospects reducing again on non-essential purchases within the face of persistently excessive inflation.
The membership-only retail chain’s complete income for the third quarter was $53.65 billion, in contrast with the estimates of $54.57 billion, based on Refinitiv information.