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Costco reports strong revenue but earnings miss as the company navigates tariff challenges.
Costco reported second-quarter revenue of $62.72 billion, beating estimates, but earnings fell short at $4.02 per share.
The company faces tariff challenges but is leveraging its global buying power and supplier relationships to mitigate impacts.
CEO Ron Vachris noted that tariffs affect everyone, and Costco is prepared with flexible merchandising strategies.
The company's reliance on membership fees helps in inflationary times, and net sales climbed 9.1% to $62.53 billion.
Despite tariff uncertainties, Costco remains optimistic and plans to open 28 new stores.
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Costco reporta fuertes ingresos, pero las ganancias se pierden a medida que la compañía navega por los desafíos arancelarios.