Costco on Thursday reported an increase in net sales compared to the year-ago period, with revenue beating Wall Street estimates.

Higher gas prices may have helped Costco get more visitors to stores and land new members. Will this be reflected in Q3 results?

Costco (COST) will release Q3 earnings on May 28. Analysts predict $4.92/share earnings and $69.42B revenue. Stock has beaten estimates in 6/8 past quarters.

Costco Wholesale Corp (NASDAQ: COST) shares are trading flat Thursday morning ahead of its Q3 earnings report due after the bell.

Costco cleared sales estimates Thursday while retailers warn that higher fuel prices and inflation pressures could hit consumer spending.

Costco on Thursday reported an increase in net sales compared to the year-ago period, with revenue beating Wall Street estimates.

The warehouse club's total revenue rose 12% to $70.53 billion, topping expectations, as fuel demand drew new members to its gas stations

Costco Q3 earnings top estimates with 9.8% comparable sales growth as shoppers prioritize value amid economic uncertainty.