Costco (COST) has had an awesome year in a challenging economic climate. But even the CEO of Yahoo Finance’s Company of the Year is seeing a few storm clouds taking shape going into 2023. “...
Tag: Costco
How Costco keeps the peace with its employees
Steady membership fees and cost savings helped fuel Costco (COST) to record membership renewal rates this year, driven in part by concerns about inflation. But the Issaquah, Washington–based company h...
How we chose Costco as Company of the Year
To determine our Company of the Year, Yahoo Finance gauges financial performance, leadership chops, societal impact and buzzy factors such as consumer appeal. So why Costco (COST) in 2022? If profitab...
Meet Yahoo Finance’s 2022 Company of the Year: Costco
In a year of rampant inflation—not seen since the early 1980s—Costco (COST) was a warm hug to millions of loyal members by keeping prices for everything from food to gasoline as low as possible, just ...
Why Costco stock is seemingly forever priced for perfection: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, December 5, 2022 Today’s newsletter ...
Costco Reports November 2022 Sales
(Photo by Tim Boyle/Getty Images) Getty Images Costco reported November sales that were below expectations. Sales increased 5.7 percent to $19.17 billion from $18.13 billion a year ago. For the 12 wee...
Costco Stock Holds Major Support on the Dip. Now What?
Shares of Costco (COST) – Get Free Report were getting hit, down 8.1% at Thursday’s low and off 6.6% at last check. The moves came after disappointing November sales data. Specifically, Novembe...
Salesforce, Five Below, Okta, Costco and more
A shopper loads a car with bottled water at a Costco Wholesalers in Chingford, Britain March 15, 2020. John Sibley | Reuters Check out the companies making headlines in midday trading. Salesforce — Sh...
Stocks Dip, Salesforce, Costco, Five Below And GE-5 Things To Know
Five things you need to know before the market opens on Thursday December 1: 1. — Stock Futures Drift Lower After Powell-Induced Rally U.S. equity slipped lower Thursday, following on from one ...
Salesforce, Snowflake, Costco and more
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the be...
Costco stock falls more than 3% after pace of monthly sales slows, e-commerce sales decline 10%
Costco Wholesale Corp. COST, +1.95% shares dropped more than 3% in the extended session Wednesday after the retailer said its November sales rose 5.7% to $19.17 billion, following a 7.7% rise in Octob...
Stocks This Week: Buy Costco And Starbucks
AP Photo/Richard Drew, File Copyright 2019 The Associated Press. All rights reserved November is usually strong in months that are two years past an election such as this year. In fact, the following ...
Wells Fargo’s downgrade of Costco underappreciates value
Wells Fargo downgraded Club holding Costco (COST) in a rare move Monday, citing “brewing headwinds” to the wholesale retailer’s growth momentum. We think this call is a mistake and s...
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...
4 Inflation Revelations From Home Depot’s 12-Foot Skeleton
Meet Skelly. Home Depot’s Halloween phenomenon – a 12-foot lawn skeleton that helped lift consumer … [+] isolation from the grave during the pandemic – continues to sell out. Photo courtesy of T...
Costco Credit Card Secrets Members (and Investors) Should Know
Costco (COST) does not follow the same rules as other retailers. The membership-based warehouse club has a relentless focus on offering members the lowest prices possible. That allows it to do things ...
Costco Has Surprising Gas News for Members, Investors
Costco (COST) offers a very simple proposition to its members. You pay $60 for basic access or $120 for premium access (which comes with 2% cash back on most purchases up to $1,000 per year) in order ...
Top trending stocks after hours: Costco, Ford, Abbvie
Costco (COST): Total comparable store sales rose 8.5% in September, beating Wall Street’s earnings estimate of 6.3% growth. Comparable sales excluding the impacts from changes in gasoline prices and f...
Retail Has Endured Quiet Quitting For Years. Is It Worse?
Now Hiring sign in the parking lot across from Bed, Bath And Beyond at Jacksonville Beach, Florida, … [+] USA Getty Images Lament about the challenges of quiet quitting to members of the retail ...
Should you buy Costco shares on the post-earnings weakness?
Costco Wholesale Corporation (NASDAQ: COST) opened about 5.0% down on Friday even though the big box retailer reported better-than-expected profit for its fiscal fourth quarter. Are Costco shares wort...
Costco isn’t raising membership fees after earnings beat expectations
Shoppers wait in a check-out line at a Costco wholesale store in Orlando, Florida. Paul Hennessy | Sopa Images | Lightrocket | Getty Images Costco is still holding off on raising its membership fees a...
FedEx, Costco, Boeing and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shipping rates and plans to cut another $4 billion in an...
Here’s what Costco is saying about inflation — and a membership fee increase
As the market obsesses about inflation and what would cause the Fed to step off the gas pedal, it’s worth considering what some companies are saying about it. The view from Costco Wholesale, the wareh...
Stocks making the biggest moves after hours: Costco, DocuSign, Scholastic
Customers carry their items after shopping at Costco in Washington D.C., May 5, 2021. Ting Shen | Xinhua News Agency | Getty Images Here are the stocks making notable moves in extended trading: Costco...
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, FedEx, DocuSign and more
FedEx (FDX): The delivery company announced cost-cutting measures and rate hikes after warning in preliminary fiscal first-quarter results of weakening demand. FedEx released its fiscal first-quarter ...
Costco reports results that top estimates and $200 billion annual revenue for first time
Costco Wholesale Corp. shares slipped in the extended session Thursday even as the retailer reported quarterly results that beat Wall Street estimates and annual sales that topped $200 billion for the...
Costco Earning Beat Forecasts, Membership Fees Top $1.3 Billion
Updated at 5:30 pm EST Costco Wholesale (COST) posted better-than-expected fourth quarter earnings Thursday, with membership revenues topping $1.327 billion as new value-focused customers piled in t...
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...
Why Target Canada could not beat Walmart, Costco and Giant Tiger
Target’s entry into the Canadian market in 2013 was its first foray in international expansion. A combination of extensive renovation needs, a flawed merchandising system, tight time frame and i...