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Stockreport

Costco backs up its status as a retail winner during a cloudy time for economy [MSNBC.com]

Costco Wholesale Corporation (COST)  More Company Research Source: MSNBC.com
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Costco delivered fresh evidence that it is beloved place to shop in an uncertain economy — and that's exactly why investors need to keep the stock in their portfolio, too. The news Costco on Wednesday night reported strong March sales across all categories except for its so-called ancillary business, which was impacted by lower gasoline prices. U.S. comparable sales — excluding foreign exchange fluctuations and gasoline — rose 8.7%, beating estimates of 6.8%. On a companywide basis, comparable sales were up 9.1%, topping the 6.9% consensus. The retailer's results benefited from an extra shopping day, thanks to the timing of the Easter holiday a year ago. The numbers covered a period of time in which concerns mounted about the inflationary impact of President Donald Trump's tariff policies, as well as their implications for economic growth overall. A potential pickup in inflation due to tariffs is something that can benefit Costco and make its membership more attractive to shoppers, an [Read more]
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Stockreport

Costco backs up its status as a retail winner during a cloudy time for economy [MSNBC.com]

Costco Wholesale Corporation  (COST) 
More Company Research Source: MSNBC.com
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Costco delivered fresh evidence that it is beloved place to shop in an uncertain economy — and that's exactly why investors need to keep the stock in their portfolio, too. The news Costco on Wednesday night reported strong March sales across all categories except for its so-called ancillary business, which was impacted by lower gasoline prices. U.S. comparable sales — excluding foreign exchange fluctuations and gasoline — rose 8.7%, beating estimates of 6.8%. On a companywide basis, comparable sales were up 9.1%, topping the 6.9% consensus. The retailer's results benefited from an extra shopping day, thanks to the timing of the Easter holiday a year ago. The numbers covered a period of time in which concerns mounted about the inflationary impact of President Donald Trump's tariff policies, as well as their implications for economic growth overall. A potential pickup in inflation due to tariffs is something that can benefit Costco and make its membership more attractive to shoppers, an [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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Low:
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Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
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TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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