Tariff-Related Lawsuits Could Hurt Costco Stock, but the Reason Why May Surprise You
Companies / People: Costco
Scale: company
Costco reported a revenue of $137 billion for the first half of fiscal 2026, marking a 9% yearly increase, with profits of $4 billion, a 13% growth. The company is facing a lawsuit related to tariff refunds after the Supreme Court struck down the tariffs, which could impact its profits and create uncertainty for investors. Costco's P/E ratio is currently at 51, compared to 60 last year.
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finance.yahoo.com