Retail

Costco Mostly In-Line Earnings (COST)

Costco Wholesale Corp. (NASDAQ: COST) has posted earnings of $0.74 per share EPS on revenues of $16.62 Billion.  First Call had estimates at $0.74 on EPS and $16.85 Billion in revenues.

For Feb/March, Costco reported total sales of $5.11 Billion for the four weeks ended March 2, 2008, which was an increase of 11% net and its February same-store sales increased 7.0%.

As of last look, analysts still had a target of roughly $71.00 on the stock.  Costco closed at $62.39 yesterday and the 52-week trading range is $51.52 to $72.68.

Jon C. Ogg
March 5, 2008

Cash Back Credit Cards Have Never Been This Good

Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.