Costco's earnings are a key read on the financial health of higher income shoppers this holiday season.
Yahoo Finance's Brian Sozzi previews expectations for Costco earnings.
It's difficult to find business leaders who are optimistic about the economy right now, but Costco CEO Craig Jelinek struck some positive notes in a recent interview with Yahoo! Most importantly, he says there are some signs inflation is slowing, which will be a relief for consumers. Jelinek said he's felt as if the worst could be over in terms of inflation for a couple of months, though he can't be sure.