Tag: #retail

Articles related to retail

markets

Costco Reports Strong Q3 Results, Sales Up 11.6% as Digital Growth Surges

Costco posted fiscal Q3 net sales of $69.154B and net income of $2.192B; digitally enabled sales jumped 21.5% and membership fees reached $1.373B.

$COST, #costco, #earnings, #retail, #stocks

industry

Nike’s sales held steady this winter, but profits fell 35% as tariffs and China weakness squeezed margins

Nike posted flat quarterly revenue but a 35% profit drop, citing higher tariffs, weaker China demand and a shift back toward wholesale sales.

#nike, #earnings, #tariffs, #china, #retail