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The top-line result came up short of analysts' consensus estimate of $79.97 billion. Even with its near-flat revenue growth, Costco was still able to boost its gross margin from 11.9% to 12.4%.
Today's gas prices are a far cry from New Jersey's highest recorded price of $5.05 a gallon in June 2022. ... Costco, 315 Route 15 north, Wharton, $2.99. BP, 379 Quaker Church Road, Randolph, $2.99.
As of Tuesday, the national average gas price stood at $3.84 per gallon, per AAA, slightly off the 2023 high but still below the recent peak of over $5 per gallon seen in 2022.
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
The earnings rundown: Here's what Costco reported for its Q4 earnings report, which ended Sept. 1, 2024, versus Bloomberg consensus estimates. Revenue: $79.70 billion versus $79.96 billion ...
Indeed, the latest consumer price index (CPI) data, released March 12, showed that gas prices were up 3.8% in February. Check Out: 10 Expenses Most Likely To Drain Your Checking Account Each Month
The Save-On-Foods brand was launched in British Columbia in 1982 by Overwaitea Foods, which had been founded in 1915 and was later purchased by Jimmy Pattison in 1968. Most Overwaitea branded stores were gradually converted to Save-On-Foods stores beginning in the 1980s, with the last two remaining Overwaitea stores switching in 2018.
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