
Costco Wholesale has fallen for six consecutive trading days, with a total decline of 15%
On Thursday, American retailer Costco Wholesale fell 3.93%, with a transaction volume of $3.061 billion. The stock has now declined for six consecutive trading days, with a total drop of 15%. Costco Wholesale's profit for the second quarter of fiscal year 2025, announced last week, was below expectations. The financial report showed that the company's Q2 earnings per share were $4.02, lower than the average expectation of $4.11; revenue was $63.72 billion, a year-on-year increase of 9.0%, exceeding market expectations; net profit was $1.79 billion, compared to $1.74 billion in the same period last year, which was below market expectations