Costco's earnings are due. The bar for growth is higher this time around.
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Costco is set to report its quarterly earnings, with analysts divided on growth potential. While some see limited upside, others believe the company is regaining momentum. Analysts expect adjusted earnings per share of $5.80 and revenue of $86.01 billion for the fourth quarter. Recent strategies, like extended shopping hours for Executive members, have improved customer experience. Despite challenges, Costco's strong customer loyalty and supply chain capabilities position it well for future growth, although stock valuation remains a concern.
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