Costco Wholesale Corporation (COST)
Investors Heavily Search Costco Wholesale Corporation (COST): Here is What You Need to Know
Costco (COST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Billionaires Are Selling Costco. These 2 Retail Stocks Are Better Buys.
Costco has been a big winner, but the stock is looking pricey. Home Depot looks poised to gain as interest rates fall.
Previewing the Q3 Earnings Season
Costco COST shares were down following the company's mixed quarterly release where it narrowly missed on the top-line even as it handily beat bottom-line estimates. Other than the modest revenue miss, there is not a whole lot in the report that Costco shareholders can complain about, as the company continues to deliver impressive results in a consumer spending backdrop that many of its peers are finding challenging.
Costco Q4 Earnings Beat Estimates Even Though Revenues Miss
Costco's Q4 earnings beat the Zacks Consensus Estimate by 2%, while revenues fall short. Comparable sales rise 5.4% but at a decelerated pace.
Can Costco Stock Hit New Highs as Interest Rates Drop?
An apparent tailwind hit yesterday's value stocks, a new development seen in the declining shares of Costco Wholesale Co. NASDAQ: COST after the company released its latest set of quarterly earnings this week. Costco stock is now down over 2% after the report, a bearish sentiment that comes despite the Federal Reserve (the Fed) recently cutting interest rates by the most since the 2008 financial crisis.
Costco stock 'universally loved,' and its price reflects that
Shares of Costco (COST) are sliding after the retailer posted a mixed fourth-quarter earnings report. Revenue came in at $79.70 billion, falling slightly below the expected $79.96 billion.
Costco touts success of card scanner rollout; speeds up checkout process
Costco CEO Ron Vachris explained the benefits of the company's new membership card scanners in U.S. stores during the retailer's latest earnings call, and said customers see the pluses.
4 Key Takeaways From Costco's Earnings Call
After Costco Wholesale (COST) reported better-than-expected profits but missed sales estimates, executives updated investors about the retailer's first membership fee hike in seven years, its international growth plans, and more in the company's earnings call Thursday.
Why Costco Stock Was Pulling Back Today
Costco delivered a solid earnings report after the close Thursday, but its revenue missed the mark. The stock is expensive, trading at a price-to-earnings ratio of 53.
Costco: Too Expensive For My Shopping Cart
Costco's modest growth does not justify a 50x PE ratio, making it significantly overvalued. Historical averages suggest lower growth and valuation multiples, indicating a potential downside in COST share prices. Costco Wholesale's current high valuations are driven by momentum; a correction is expected as retail investor enthusiasm wanes.
Costco's Strong Q4 Performance Sparks Mixed Analyst Reactions As Stock Slides
Costco Wholesale Corporation COST shares were down in early trading on Friday, even after the company reported upbeat results for its fiscal fourth quarter.
COST Earnings Slip, BMY Schizophrenia Drug Approval, HPQ Downgrade
Costco (COST), one of the biggest names in retail, slips after earnings. Despite a beat on the top line and membership fees, revenue and comp.
