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Story summary
- Costco Wholesale posted Q4 adjusted earnings per share of $6.60, beating the $6.53 estimate.
- Quarterly revenue rose about 11% year over year to $95.72 billion, exceeding the $94.86 billion forecast.
- CFO Gary Millerchip disclosed $184 million in tariff refunds, which were used for price cuts on essentials and select items.
- CEO Ron Vachris said the gasoline business recorded a “record year,” driving strong sales.