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https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ210XK_L.jpg(Reuters) – Costco Wholesale Corp (NASDAQ:COST) missed Wall Street expectations for quarterly revenue on Thursday, as consumers restrict their spending on discretionary items amid persistently high inflation.
The membership-only retail chain’s total revenue for the second quarter was $55.27 billion, compared with estimates of $55.54 billion, according to Refinitiv data.