Costco Wholesale Corp
NASDAQ: COST
$964.01
+$8.36 (+0.9%)
Closing Price on November 22, 2024
COST Articles
Costco Wholesale reported disappointing second-quarter fiscal 2016 results after markets closed on Wednesday.
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Retailers are announcing February U.S. same-store sales figures Thursday morning, and research firm Retail Metrics had forecast a year-over-year increase of just 0.1% for the month.
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Costco Wholesale's earnings were not particularly impressive. The big-box retailer posted numbers that show its expansion has come down to earth.
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A recent analysis by researchers at Perfect Price combed through billions of credit card transactions to find out how much shoppers actually spend on groceries when they buy at these stores.
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Costco Wholesale is scheduled to report its fiscal second-quarter financial results after the markets close on Wednesday.
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The best that can be said for February same-store sales is that they won't be as bad as January's sales.
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24/7 Wall St. has put together a preview of Staples, Kroger and others that will be reporting their quarterly earnings in the coming week.
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Costco is admired for its sharp expense management, store locations and a model that includes membership fees as a means to supplement revenue.
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Why the disparity in performance between these two retailing giants? Perhaps because one of them is not reliant on sales margins for its revenues.
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To the surprise and considerable confusion of many an analyst, Wal-Mart is among the best performing stocks in the Dow Jones Industrial Average so far in 2016.
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Warren Buffett has now released the official equity holdings of Berkshire Hathaway Inc. (NYSE: BRK-A) as of December 31, 2016. That makes this the official Buffett stocks for 2016, but we would...
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Retailers were announcing January U.S. same-store sales figures Thursday morning, and research firm Retail Metrics had forecast a year-over-year increase of just 0.3% for the month.
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We are experiencing one of the greatest wealth transfers ever posted. And so a new Deutsche Bank research report is very bullish on three top companies in the retail space.
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Same-store sales for the month of January were weak, but still a couple of ticks higher than January 2015, according to the Retail Metrics Earnings Index
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Beginning October 2 and ending January 4, Costco and General Motors sponsored a promotion for Costco members who wanted to purchase a new GM car.
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