Tesla terrible start to 2023 only seems to be getting worse. The stock is already down more than 10% this year after just three full trading days and Friday looks to be another tough one. The EV maker...
Tag: Costco Wholesale
Costco Misses Earnings and Revenue Expectations
Costco Wholesale got a sluggish start to its new fiscal year, missing earnings and revenue expectations and sending the stock lower in after-hours trading on Thursday. Investors had been wary headed i...
Costco’s Sales Update Slams the Stock. Strong Grocery Sales Aren’t Enough.
Stock in Costco dropped Thursday as its same-store sales fell short of expectations, a rare miss for the warehouse club owner that highlights how strong sales of groceries aren’t enough to make up for...
Kroger’s $24.6 Billion Purchase of Albertsons to Create a Grocery Giant
Grocery giant Kroger said it was acquiring rival Albertsons in a roughly $24.6 billion tie-up that will help drive profitability and establish a larger footprint of nearly 5,000 stores. Kroger (ticker...
5 Active Mutual Funds for the Long Run, Plus Five Runners-Up
Gone are the days when star mutual fund managers were household names. The strong personalities that once dominated fund management—think Bill Gross or Peter Lynch—have moved on. Many active mutual fu...
Costco Sales Rise as Inflation Continues to Weigh on Consumers
Updated Sept. 22, 2022 6:09 pm ET Listen to article (2 minutes) Costco Wholesale Corp. posted higher sales in the most recent quarter, the latest indication that the warehouse retailer remains a haven...
Costco Earnings Underwhelmed and the Stock Is Falling. It’s Time to Buy the Dip.
Text size Costco earnings rarely disappoint. Mario Tama/Getty Images Costco Wholesale isn’t the kind of company that delivers much in the way of bad news and Thursday’s earnings report wasn’t anything...
U.S. Stocks Poised for Mixed Open on Monday
Stocks were poised for a mixed open in New York on Monday ahead of the Federal Reserve’s monetary policy meeting. (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S....
Shoppers Are Getting Cheap. Here Are Stocks to Buy in a Trade-Down Economy
I regret buying a twin pack of 40-ounce ranch dressing jugs this past week. It’s not that I over-ranched—the warehouse club industry was built around rewarding extreme condiment commitments with low u...
June Jobs Data, FOMC Minutes, Levi’s Earnings, and More for Investors to Watch This Week
Text size Uncredited The stock market will be closed on Monday for Independence Day. It will be a light week on the earnings calendar once investors return, but with plenty of notable economic release...
Costco’s Cheap Gas Prices Are a Big Hit
Costco Wholesale is doing a booming business in gasoline by offering its members material savings that one Wall Street analyst has put at 37 cents a gallon. This comes at a time when prices have soare...
Target Inventory Warning Portends Retail Bloodbath
Target ’s inventory problem is turning out even worse than it expected just a short time ago. Its latest warning could portend a promotional bloodbath among retailers this summer. The retailer on Tues...
Why Costco Won’t Raise the Price of Its Hot Dogs
Text size Costco’s membership renewal rate for the U.S. and Canada stood at 92.3% last quarter. David Pail Morris/Bloomberg Costco Wholesale takes care of its more than 64 million members. The s...
Costco’s Latest Earnings Show Why the Stock Is a Winner
Text size Costco’s membership renewal rate for the U.S. and Canada stood at 92.3% last quarter. David Pail Morris/Bloomberg Costco Wholesale takes care of its more than 64 million members. The s...
Costco Stock Is Challenging Amazon as the Most Richly Valued Retailer
Text size Costco Wholesale continues to grow its membership, to 61.7 million members in the latest fiscal year. Mario Tama/Getty Images Costco Wholesale is challenging Amazon . com as the most richly ...
Zoom, Salesforce, Target, Costco, and Other Stocks for Investors to Watch This Week
U.S. stock and bond markets will have plenty of action on the last day of February with earnings from HP Inc., Lucid Group, and stay-at-home play Zoom Video Communications expected on Monday. Earnings...
Deere, Hershey and More Stocks to Buy to Combat Food Inflation
The highest inflation in decades is hitting consumers and rippling through the food industry, from farm equipment to packaged food, grocers, and restaurants. At-home food costs climbed 8.6% and out-of...