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Costco Stock Slips
Why Costco Stock Was Pulling Back Today
Even with its near-flat revenue growth, Costco was still able to boost its gross margin from 11.9% to 12.4%. Operating income jumped by 9.4% to $3.04 billion, and earnings per share rose from $4.86 to $5.29, beating the consensus estimate of $5.08.
What Wall Street Analysts Think of Costco’s Stock Ahead of Earnings
This will be Costco's first earnings report since raising its membership price for the first time in seven years. Costco Wholesale (COST) will report fiscal fourth-quarter earnings after the closing bell Thursday,
Costco Stock Slips After Retailer Posts Mixed Earnings
Costco stock fell slightly after the retailer posted mixed quarterly results, with earnings ahead of expectations, while revenue missed Wall Street estimates. The stock fell about 1.2% premarket, trading below $889 per share.
7h
on MSN
Stock market today: Dow sets a record as Wall Street drifts to the finish of another winning week
U.S. stocks closed another record-setting week with a muted performance Friday, as hope built on Wall Street that the U.S.
11h
on MSN
Stock movers: Costco, Best Buy, HP Inc.
Related: Analysts reset Costco stock price targets ahead of earnings. Same-store sales, a key measure of the sales of existing stores that have operated for more than one year, in ...
2d
Is Costco Stock a Buy Ahead of Q4 Results?
Costco’s stock (COST) has surged over 66% in the past year, driven by strong sales, membership loyalty, and consistent ...
17h
on MSN
5 Things to Know Before the Stock Market Opens
The Federal Reserve's preferred measure of inflation is due this morning; U.S. stock futures are steady after Thursday's jump ...
17h
on MSN
Stock Market Today: Stocks edge lower with PCE inflation data on deck
The CME Group's FedWatch pegs the odds of a 50 basis point reduction, a cut that would match the Fed's September move, at ...
5d
Costco Stock Keeps Rising Despite Its Valuation. Should You Buy?
Unfortunately for investors, the one Costco item that is not a bargain is its stock. It sells at a trailing P/E ratio of 56, ...
8h
on MSN
Stock Market Today: Dow Hits New High After Upbeat Inflation Data
Today, though, it was an inflation update that Wall Street was centered on. According to the Bureau of Economic Analysis, the ...
16h
Stock market today: Wall Street drifts near its record highs
U.S. stock indexes are drifting around their records as hopes hold that the economy can pull off the rare feat of getting ...
15h
Hold Rating on Costco’s Stock Amid Strong Performance and Premium Valuation
Wells Fargo analyst Edward Kelly has maintained their neutral stance on COST stock, giving a Hold rating today. Edward Kelly has given his ...
16h
Costco keeps analysts busy working out the valuation question
Analysts remain bullish on Costco (COST) after a mixed earnings report, citing strong underlying trends and potential for ...
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