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.
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
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
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%
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.
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 $11.64 billion, while U.S. same-store sales during the month jumped 7%. Excluding impacts from changes in gasoline prices and foreign exchange sames-store sales for U.S. in March was 6%.
Shares of Costco ($COST) moved to the upside in pre-market trading after the warehouse retailer reported stronger than expected same-store sales growth in March.
Monthly chart with 20-month moving average, to see just how steady this stock has been since mid-2010
No crystal ball but I wouldn't be surprised to see this back to high Territory in short time , complete nonsense move.
This is not in the same market as AMZN & WFM. Get over your theories and assumptions. Come next ER people will shut up.
Below $151 indicates going to mid-$140's. BTW Buffett sold his Costco stock a long time ago. You will see his disclosure soon!
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
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.
COST is still at a massive discount. No problem with profit taking at these levels, great opportunity to add more before ER!