COST Sep 2024 620.000 put
- Yahoo Finance Video
Costco posts Q3 earnings beat, US same-store sales jump 6%
Costco's (COST) fiscal third-quarter earnings beat may not be enough to excite the stock this morning as shares dip into the red. The big-box retailer reported net sales of $58.52 billion ($57.98 billion expected) and adjusted earnings of $3.78 per share ($3.70 expected) on Thursday. Yahoo Finance Retail Reporter Brooke DiPalma explains Costco's 6% year-over-year gains in same-store sales and strengths in membership renewal and customers' willingness to spend. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Key themes about the consumer from retail earnings this week
Multiple companies from the retail sector reported their latest earnings, revealing key themes about the consumers and where they are spending their money. Yahoo Finance Retail Reporter Brooke DiPalma joins Asking for a Trend to break down the key themes from retail earnings from companies like Costco (COST), Best Buy (BBY), Dollar General (DG), and Ulta Beauty (ULTA), including what investors need to keep in mind about US consumers and the sector at large. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Nicholas Jacobino
- Investor's Business Daily
Dow Jones Futures Await Fed's Key Inflation Report; Dell Plunges
The major indexes fell Thursday as the software sector dived. Dell plunged overnight on earnings. The Fed's favorite inflation report is on tap Friday morning.
