COST - Costco Wholesale Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by stock1234, Apr 15, 2016.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,544
    Likes Received:
    3,821
    [​IMG]
    Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories. It provides dry and institutionally packaged foods; snack foods, candy, tobacco, alcoholic and nonalcoholic beverages, and cleaning and institutional supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio; meat, bakery, deli, and produce; and apparel and small appliances. The company also operates gas stations, pharmacies, food courts, optical dispensing centers, photo processing centers, and hearing-aid centers; and engages in the travel business. In addition, it provides gold star (individual) and business membership services. As of October 29, 2015, it operated 690 warehouses, including 482 warehouses in the United States and Puerto Rico, 90 in Canada, 36 in Mexico, 27 in the United Kingdom, 23 in Japan, 12 in Korea, 11 in Taiwan, 7 in Australia, and 2 in Spain. Costco Wholesale Corporation also sells its products through online. The company was formerly known as Costco Companies, Inc. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
     
    T0rm3nted and StockJock-e like this.
  2. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,184
    Likes Received:
    3,010
    Reported after close today (5/25/16)
    Earnings: EPS $1.24 Revenue $26.15B
    Estimates: EPS $1.22 Revenue $27.07B

    Up 0.32% after hours
     
  3. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,184
    Likes Received:
    3,010
    Analyst Upgrade/Downgrade Update

    Brokerage firm:
    Wells Fargo
    Change: Coverage Initiated
    Previous Rating: N/A
    Current Rating: Market Perform
    Previous Price Target: N/A
    Current Price Target: N/A
     
  4. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,184
    Likes Received:
    3,010
    Upcoming dividend information:

    Ex-Div-Date
    : 11/2/16
    Payment Date: 11/18/16
    Dividend: $0.45
    Current Price: $148.97
    Annual Yield: 1.21%
     
  5. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,184
    Likes Received:
    3,010
    Recent Insider Trading:

    upload_2016-10-26_23-35-48.png
    upload_2016-10-26_23-36-5.png
     
  6. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,184
    Likes Received:
    3,010
    Recent Insider Trading:

    upload_2016-11-8_1-27-16.png
    upload_2016-11-8_1-27-10.png
     
  7. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    Shares of Costco (COST) may come under pressure after the wholesale retailer reported weaker than expected second quarter results. The company also announced plans to raise membership fees.
     
  8. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,040
    Costco Stock Climbs on March Sales Increase
    Shares of Costco (COST) were rising 2.70% to $171.51 during morning trading on Thursday after the wholesale retailer reported an increase in March sales numbers.

    March U.S. sales increased 9% to $11.64 billion, while U.S. same-store sales during the month jumped 7%.

    Excluding impacts from changes in gasoline prices and foreign exchange sames-store sales for U.S. in March was 6%.
     
  9. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    Shares of Costco ($COST) moved to the upside in pre-market trading after the warehouse retailer reported stronger than expected same-store sales growth in March.
     
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,637
    Likes Received:
    2,849
    Monthly chart with 20-month moving average, to see just how steady this stock has been since mid-2010
    [​IMG]
     
  11. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,184
    Likes Received:
    3,010
    That's actually pretty incredible.
     
  12. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    No crystal ball but I wouldn't be surprised to see this back to high Territory in short time , complete nonsense move.
     
    Jack Levy and Charles Noble like this.
  13. Charles Noble

    Charles Noble Well-Known Member

    Joined:
    Jun 6, 2017
    Messages:
    204
    Likes Received:
    278
    This is not in the same market as AMZN & WFM. Get over your theories and assumptions. Come next ER people will shut up.
     
    fidelgeorge and Jack Levy like this.
  14. Jack Levy

    Jack Levy Well-Known Member

    Joined:
    Jun 6, 2017
    Messages:
    215
    Likes Received:
    316
    This thing is going to have a sharp short move up soon if you're not in you'll miss it.
     
    fidelgeorge and Charles Noble like this.
  15. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    Below $151 indicates going to mid-$140's. BTW Buffett sold his Costco stock a long time ago. You will see his disclosure soon!
     
    Jack Levy and Charles Noble like this.
  16. Jack Levy

    Jack Levy Well-Known Member

    Joined:
    Jun 6, 2017
    Messages:
    215
    Likes Received:
    316
    Sales numbers good and consistent with last three months - daytraders don't over hype -don't expect big moves but 1-2% should be good
     
    Charles Noble and fidelgeorge like this.
  17. Charles Noble

    Charles Noble Well-Known Member

    Joined:
    Jun 6, 2017
    Messages:
    204
    Likes Received:
    278
    3-day swing from 155 to 159 + change for me. I'm happy w/ that. Probably crawls back to 160 but market still wants sizeable correction.
     
    fidelgeorge and Jack Levy like this.
  18. MiguelHammond10

    Joined:
    Jun 12, 2017
    Messages:
    92
    Likes Received:
    5
    amazon could lose money on whole food.
     
  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,637
    Likes Received:
    2,849
  20. Jack Levy

    Jack Levy Well-Known Member

    Joined:
    Jun 6, 2017
    Messages:
    215
    Likes Received:
    316
    COST is still at a massive discount. No problem with profit taking at these levels, great opportunity to add more before ER!
     
    Charles Noble and fidelgeorge like this.

Share This Page