US22160K1051 - Common Stock
507.26 +20.71 (+4.26%)
After market: 507.15 -0.11 (-0.02%)
Investors should look beyond the membership-based wholesale retailer's reported net sales and earnings per share.
These are profitable market leaders with an excellent record of dividend growth.
Mediterranean restaurant chain Cava has filed to go public later this year. Will investors be as satisfied as Cava's customers?
The Dow Jones fell, with market breadth still an issue.
Let's have a look at the S&P500 stocks with an unusual volume in today's session.
Costco shareholders are in for what seems to be a continuation of previously profitable trends, as the underlying macro dynamics improve, analyst targets roar
The Dow, S&P 500 and Nasdaq are set for a modestly higher open Friday ahead of the long weekend.
Investors are worried about weakening consumer demand trends.
Here are Friday's biggest calls on Wall Street.
COST earnings call for the period ending March 31, 2023.
Retailers like Walmart and Target have raised alarms about losses due to shoplifting. But Costco appears largely immune to the trend.
The company's operational excellence — especially in trying times — is further proof that this is the best run retailer in the United States.
These are the stocks posting the largest moves in after-hour trading.
The company's same-store sales increased 0.3% this quarter, less than what analysts were forecasting.
Costco Wholesale Corporation (COST) reported sales growth of 1.9% for its FQ3. Comparable sales were up +0.3% overall during the quarter vs. +2.9% consensus. Read more.
Costco Wholesale Corp missed estimates for quarterly revenue on Thursday, hurt by customers cutting back on non-essential purchases in the face of persistently high inflation.
With shoppers prioritizing their spending on food and staples, one-stop retailers such as Costco are experiencing a drop in demand for high-margin discretionary items such as home furnishings, jewelry, toys and consumer electronics. The warehouse club operator's total revenue for the third quarter was $53.65 billion, compared with the estimates of $54.57 billion, according to Refinitiv data. Net income attributable to Costco fell to $1.30 billion, or $2.93 per share, in the quarter ended May 7 from $1.35 billion, or $3.04 per share, a year earlier.
Costco press release (COST): Q3 Non-GAAP EPS of $3.43 beats by $0.12.Revenue of $53.65B (+2.0% Y/Y) misses by $930M.Q3 Adj
ISSAQUAH, Wash., May 25, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating...
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Costco (COST) is set to report earnings Thursday after market close as consumers search for value offerings amid higher grocery prices and continue to move away from spending on big ticket items.
Nvidia (NVDA), Best Buy (BBY), Medtronic (MDT) and Costco (COST) are among the stocks to watch on Thursday.