Costco falls, FreshPet jumps and more: Friday’s 5 things to know.
Fourth fiscal year total revenue rose 15% to $72.10 billion. The median analyst estimate was $72.04 billion. Like-for-like sales were up 13.7% and e-commerce was up 7.1%. US sales were 15.8%.
FRESH PET: Shares jumped 21% in late trading on Thursday. The Wall Street Journal reported that activist investor Jana Partners acquired a stake in the company to drive up share prices and explore a sale.