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Costco Wholesale Corporation Reports Strong Q1 Earnings: E-commerce Skyrockets 13%

Published on December 17, 2024
Costco Wholesale Corporation (NASDAQ:COST), a leading retail giant, has just released its impressive first quarter fiscal year 2025 operating results. The company reported a staggering surge in e-commerce sales, with a 13% increase compared to the previous year. This significant growth in online sales has contributed to Costco's overall revenue hitting a remarkable milestone of $61 billion. With its strong online presence and consistent performance, investing in Costco stocks could be a wise move for individuals seeking long-term returns. Professional analysts at Stocks Prognosis recommend considering a purchase of Costco stocks for a potentially profitable investment.

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