Costco (COST) shares are trading slightly lower as the retailer reported mixed second quarter earnings results in Thursday's after-hours trading.

The company missed Wall Street's profit expectations of $4.11 adjusted earnings per share (EPS), coming in instead at $4.02. However, Costco reported revenue of $63.72 billion, beating analyst expectations of $63.01 billion.

Yahoo Finance Senior Reporter Brooke DiPalma joins Josh Lipton and Julie Hyman on Market Domination Overtime to go over the earnings report.

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Sydney Strauss