3 Standout Numbers From Costco's Earnings Release - NewsBreak

Renewal rates are still rising. Resistance to cost pressures should help Costco over the long run. The holiday season will include unique pressures around inventory. Costco (NASDAQ:COST) recently closed out its fiscal 2021 in impressive fashion. The warehouse retailer beat Wall Street expectations on sales and earnings despite several major headwinds, including soaring inflation and supply chain bottlenecks.