Costco’s Quarterly Results Show Why We’re Long-Term Investors

Shoppers wearing face masks leave a Costco wholesale store in Washington, DC

ting shen | Xinhua News Agency | Getty Images

Wholesale retailer Wholesale Costco (COST) posted strong profits for its second quarter of fiscal 2023 on Thursday, even as signs of weakening sales pushed the stock lower in after-hours trading. But the results don’t change the club’s view that Costco is still the best-run retailer in the United States.

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