Opinion Real Estate Network News:September 27, American supermarket GroupCostcoRecently announced the results for the fourth quarter of fiscal year 2020.

According to the financial report for the period, Costco realized operating income of $53.383 billion, up 12.39% from a year earlier; net profit of common shareholders belonging to the parent company was $1.389 billion, up 26.62% from a year earlier; net sales were $52.277 billion, up 12.5% from a year earlier; earnings per share were $3.14, compared with $2.49 a year earlier.

Not long ago, some analysts were bullish on its performance during the period and said that the company's fourth-quarter earnings per share were expected to be $2.85, up 6 per cent from a year earlier, while revenue was expected to be $52.61 billion, up 10.8 per cent from a year earlier. The actual performance achieved by Costco has exceeded the market's bullish expectations.