Costco Wholesale Corporation (COST)
Inflation Continues To Ease
S&P 500 Hits Its 42nd High, Signaling Broad Market Strength With 80% Stocks Above Moving Averages
Costco's sales are strong, but valuation ‘leaves no room for error,' says analyst
Costco's current valuation “has become extremely stretched,” says Truist Securities.
From Cart To Chart: Costco's Earnings And The $1,000 Question
Costco's unique business model, acting as a buyer for its members and passing on savings, drives its success and profitability. High membership renewal rates and upfront fees provide Costco with 0% interest financing, aiding in its expansion and financial stability. In this article, we review Costco's earnings and tackle the issue of valuation.
Costco Stock: Buy, Sell, or Hold?
The company continues to grow net sales at robust rates. A recent boost to its annual membership fee should bolster the company's net income growth.
Like Costco as consumers seek value: Analyst
Shelby McFaddin, senior analyst at Motley Fool Asset Management, says customers are in a better place now than they have been for a few years, but continue to look for savings in both staples and discretionary items.
Costco Q4: Membership Fee Increase To Take Effect In FY 2025
I reiterate a 'Buy' rating for Costco with a fair value of $980 per share, driven by strong same-store sales and membership growth. COST's traffic and shopping frequencies increased significantly, contributing to a 6.9% same-store sales growth, supported by a 9.6% year-over-year membership increase. The membership fee increase starting September 2024 will significantly boost the Company's operating profits, enhancing their financial outlook for FY25.
Costco Wholesale Corporation (COST) Q4 2024 Earnings Call Transcript
Costco Wholesale Corporation (NASDAQ:COST ) Q4 2024 Earnings Conference Call September 26, 2024 5:00 PM ET Company Participants Gary Millerchip - EVP & CFO Ron Vachris - CEO Conference Call Participants Simeon Gutman - Morgan Stanley Chris Horvers - JPMorgan Chuck Grom - Gordon Haskett Brandon Cheatham - Citigroup John Heinbockel - Guggenheim Securities Scott Ciccarelli - Truist Securities Rupesh Parikh - Oppenheimer Kelly Bania - BMO Capital Markets Michael Baker - D.A. Davidson Karen Short - Melius Research Greg Melich - Evercore ISI Operator Ladies and gentlemen, thank you for standing by.
Costco Q4: Revenue Miss Overshadows Earnings Beat
Costco's Q4 FY2024 report showed mixed performance, with a tiny top-line miss and a significant bottom-line beat, driving a slight stock price decline. Despite robust membership renewal rates and higher margins, Costco's valuation remains exorbitant, leaving little margin of safety for investors. Costco's growth rates have slowed, and its stock is overvalued, with a 5-year expected CAGR of -4.14%, making it a tactical "Sell".
Costco's gas sales is a 'fair amount' of revenue, says Telsey Advisory's Joe Feldman
Joe Feldman, Telsey Advisory Group senior analyst, joins 'Closing Bell Overtime' to talk Costco earnings.
S&P Sets New Closing High; COST Mixed in Fiscal Q4
Ex-fuel and foreign exchange costs, Costco saw +6.9% gains year over year, demonstrating the importance of lower gasoline prices to its top line.
Compared to Estimates, Costco (COST) Q4 Earnings: A Look at Key Metrics
The headline numbers for Costco (COST) give insight into how the company performed in the quarter ended August 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Costco's Earnings Top Estimates, But Sales Miss as Growth Slows
Costco Wholesale (COST) reported fiscal fourth-quarter earnings that topped analysts' expectations but narrowly missed on revenue as growth slowed.
