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COST Jul 2024 620.000 put

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  • Yahoo Finance Video

    Costco Q3 earnings top Street estimates

    Costco Wholesale (COST) posted third quarter earnings per share of $3.78, topping estimates of $3.70. Revenue was $58.52 billion, slightly better than the expected $57.98 billion.  Comparable sales, excluding gasoline and foreign exchange impacts, rose 6.5% versus the 5.93% estimate. Including gasoline and foreign exchange impacts, comparable sales rose 6.6% versus the 6.27% estimate. Yahoo Finance's Julie Hyman and Josh Lipton break down Costco's results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.

  • Yahoo Finance Video

    Costco earnings, GDP: What to watch

    As the trading day comes to an end, here's a preview of key events to watch for on Thursday, May 30th. Earnings reports from various retailers are due for release, including Costco (COST), Dollar General (DG), and Kohl's (KSS). These reports will provide valuable insights into the current state of the consumer and the overall health of the retail sector. Additionally, Fed commentary will be delivered by New York Fed President John Williams and Dallas Fed President Lorie Logan. Their remarks will offer clues about the potential for future Fed rate cuts. Furthermore, the first revision of the first quarter GDP figures will be released. This revision will provide an updated assessment of the economy's performance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

  • GlobeNewswire

    Costco Wholesale Corporation Reports Third Quarter and Year-to-Date Operating Results for Fiscal 2024

    ISSAQUAH, Wash., May 30, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2024, ended May 12, 2024. Net sales for the quarter increased 9.1 percent, to $57.39 billion, from $52.60 billion last year. Net sales for the first 36 weeks increased 7.0 percent, to $171.44 billion, from $160.28 billion last year. Net sales were positively impacted by