Costco Earnings Point to Growth Struggles Ahead
Costco (NASDAQ: COST) recently closed the books on a mixed 2017 fiscal year. On the plus side, the warehouse retailer extended its streak of above-average sales growth even as membership fees powered a solid boost in profits.
Yet Costco's results also included several weak spots that suggest the company might be entering a period of sub-par growth. Let's take a closer look at the operating trends that stood out over the past quarter and fiscal year.
Source: Fool.com
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