Costco Wholesale Corp.'s quarterly profit surpassed Wall Street's expectations after factoring in revenue associated with tariff refunds. The major retailer's earnings per share for the quarter ending August 30, excluding some items, were $6.75, higher than the average analysts' expectations compiled by Bloomberg. Of these, tariff refunds contributed 15 cents per share to earnings.

Costco Wholesale Corp.'s quarterly profit surpassed Wall Street's expectations after factoring in revenue associated with tariff refunds. The major retailer's earnings per share for the quarter ending August 30, excluding some items, were $6.75, higher than the average analysts' expectations compiled by Bloomberg. Of these, tariff refunds contributed 15 cents per share to earnings.