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Costco Wholesale Corporation (NASDAQ:COST) dipped slightly in postmarket trading on Thursday after disclosing its FQ2 earnings report. Comparable sales were up +6.8% during the quarter. The big box retailer said comparable sales were 8.
Costco's stock price has surged 50% since April last year, pushing its PE ratio from 45x to 62x, despite modest sales and earnings growth. Click here to read.
Shares of Costco slipped after hours on Thursday, after the membership warehouse retailer reported a per-share profit and revenue figures that both missed Wall Street’s expectations.
Costco delivered strong quarterly revenue as shoppers turned to the wholesale club to deliver value in the face of high prices elsewhere.
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Compare Walmart's conservative strength with Costco's unique metrics. Explore differences in store count, earnings, and demographics.
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Costco chairman reveals surprising luxury items that are selling outPeople of all socioeconomic statuses appear to know Costco is the place to turn for deals, whether it be for $1.50 hot dog combos or luxury cars, according to the retailer’s chairman
Unsurprisingly, that means good times for Walmart, the largest retailer in America, and Costco (COST) , the biggest warehouse chain. The two rivals are battling for market share, but Costco's ...
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