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There are signs that the economy is slowing down, and even Costco Wholesale (NASDAQ: COST) isn't immune to those effects. On May 25, Costco reported its fiscal third-quarter earnings numbers for the period ended May 7. A softer economy is making it more challenging for retailers to grow their earnings and even Costco isn't proving to be infallible anymore.
Check out six affordable Father's Day gifts from Costco for under $100, including new earbuds, a travel hammock, and more.
For many people, joining Costco is a no-brainer. For many college students, a Costco membership will not make sense. You have to be at least 18 years old to join Costco, so if you're a younger college student, getting your own membership may not be an option right away.
Costco and AutoZone are highlights of the Zacks Earnings Preview article.
Investing in the stock market is best with a long-term mindset, as doing so can safeguard your holdings from temporary headwinds. As a result, growth stocks can be your best friend with their history of solid gains over extended periods of time. While companies like Apple and Amazon are often touted as must-buy growth stocks, going for lesser-known options can be a great way to diversify your portfolio.
Last summer, stock splits were all the rage on Wall Street, with popular stocks Alphabet, Amazon, and Tesla participating in the excitement. Since then, the enthusiasm surrounding stock splits has waned as the stock market has struggled to return meaningful gains. Costco (NASDAQ: COST), a membership-only retailer, is one company that could benefit from a split, as its stock is close to $500 per share.
This tailwind has helped lift sales to new records for both Costco Wholesale (NASDAQ: COST) and smaller rival BJ's Wholesale Club (NYSE: BJ). Investors have assigned quite different valuations to the two companies, though, potentially making one a better buy right now. Thanks to a pair of late-May operating updates, investors have a clear picture of the growth trends for these businesses.
Costco missed Wall Street's top-line estimates, but the reason why is what investors in the retail sector need to watch.
Reddit can be a great place to find helpful hints on a variety of topics. Here are a few choice ways to shop Costco, courtesy of Reddit.
Costco earnings did not meet expectations this past quarter. Read on to see if a fee hike is more likely to be in the cards in light of that.
Costco's (COST) May sales results disappoint investors. Comparable sales decline 0.3% during the month under review.
Sam's Club offers a lot of bargains on everyday essentials. Take a look at some great deals under $20.
Even a Costco expert can learn a trick or two. That includes these seven things you should never do at Costco.
With its dominance in the industry, it's hard not to mention Amazon (NASDAQ: AMZN) when discussing e-commerce stocks. The company has a massive lead in the market with its 38% share; Walmart holds the second-largest share at 6.3%. Amazon's authority in e-commerce means it has the most to gain from easing inflation and a market recovery.
Costco Wholesale (NASDAQ: COST) is a proven winner in the retail arena. Beloved by its customers for the tremendous value it provides and its shareowners for the wealth it has delivered, Costco is a favorite among many. The profit Costco earns from selling membership plans allows it to price its goods only slightly above its costs.
This metric shows that members feel they are getting plenty of value from their Costco subscriptions.
While the top- and bottom-line numbers for Costco (COST) give a sense of how the business performed in the quarter ended May 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Want to make the most of your Costco membership in June? Read on to find out what's on sale this month.
ISSAQUAH, Wash., June 01, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $18.45 billion for the retail month of May, the four weeks ended May 28, 2023, an increase of 1.2 percent from $18.23 billion last year. For the thirty-nine weeks ended May 28, 2023, the Company reported net sales of $174.07 billion, an increase of 5.1 percent from $165.56 billion last year. Comparable sales were as follows: 4 Weeks 39 WeeksU.S.-1
Want to see your savings grow this month? Read on to see what you can do to give your savings a lift.
Zacks.com users have recently been watching Costco (COST) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
This company has a history of rewarding shareholders.
For many people, the decision to join Costco is an easy one. Here are some dos and don'ts to keep in mind, whether you're new to Costco or have been shopping there for years. A basic Costco membership costs $60 a year, while an executive membership costs $120.
The company reported generally positive news around sales growth and market share in its Q1 earnings report, which covered the selling period through late April. Cost pressures are easing, potentially paving the way for faster earnings growth ahead. BJ's shares are trailing the wider market so far in 2023 and have underperformed rival Costco Wholesale (NASDAQ: COST), as well.
These three companies are all solid, reliable dividend stocks to tide your portfolio over through good times and bad.