SEGUIN, Texas, Oct. 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2024.Highlights for the Quarter Net Sales of $401.3 million, down 4.4% versus prior year Industrial Equipment Division net sales of $211.2 million, up 22.3% Vegetation Management Division net sales of $190.1 million, down 23.0% Income from operations of $40.1 million, 10.0% of net sales Net income of $27.4 million Fully diluted EPS of $2.28 per share, including $0.10 o ...

Costco (COST) closed at $879.09 in the latest trading session, marking a -0.89% move from the prior day. This change lagged the S&P 500's 0.33% loss on the day. Meanwhile, the Dow experienced a drop of 0.22%, and the technology-dominated Nasdaq saw a decrease of 0.56%.The warehouse club operator's shares have seen an increase of 1.1% over the last month, surpassing the Retail-Wholesale sector's loss of 0.22% and falling behind the S&P 500's gain of 1.83%.The investment community will be paying close attenti ...

It's near a four-figure price tag, and that might be the signal. Stock splits always create extra hype for a stock, and for good reason. A stock that is ready for a split has usually done quite well for itself, multiplying by many percentages to reach its inflated price. That's exciting. Costco Wholesale (COST -0.89%) stock has gained more than 220% over the past five years, seriously outperforming the market, and it's trading at nearly $900 per share, which could make it seem inaccessible to investors who ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Costco (COST) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Costco is a member of our Retail-Wholesale group, which includes 212 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual s ...

Costco Wholesale Corporation (COST) has experienced an impressive climb so far in 2024. This gain can be attributed to strong fundamentals, expanding membership revenues and consistent operational performance, positioning Costco as a staple in investor portfolios. However, with such significant appreciation, some investors may wonder whether it's time to lock in gains or stay bullish on the stock's long-term potential. As a consumer-defensive stock, Costco has weathered market volatility admirably. Shares o ...

Costco has put up impressive growth in recent years. Can it continue?If you're looking for a stock to set and forget, Costco Wholesale (COST -1.65%) is as good a choice as any. The warehouse retailer has been one of the most reliable holdings on the stock market throughout its history, and its competitive advantages are easy to see.Its membership model locks in customers and provides the company with a consistent revenue stream that goes straight to the bottom line, and people love the brand. Its renewal ra ...

For Immediate Releases Chicago, IL – October 28, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Costco Wholesale Corp. (COST) , The Coca-Cola Co. (KO) and T-Mobile US, Inc. (TMUS) and Preformed Line Products Co. (PLPC) . Here are highlights from Monday's Analyst Blog: Top Stock Reports for Costco, Coca-Cola and T ...

How much is too much for a solid, well-respected business like Costco? The thought that investors should avoid Costco Wholesale (COST -0.25%) may seem counterintuitive to many. In 2023, an Axios Harris poll put Costco second among the nation's most admired brands. Its product selection and low prices have brought consistent sales growth for decades. Despite these successes, have investors increasingly begun to question whether Costco stock remained a worthy investment. In 2020, Warren Buffett's Berkshire Ha ...

Costco's introduction of membership card scanners at the front of U.S. stores is still rolling out, but the move is already paying off big for the wholesale club. Morgan Stanley analysts wrote in a note this week that Costco warehouses are seeing as much as low double-digit increases in membership counts after implementing the scanners, and suggested the high conversion rates of previously non-paying customers could lead to the retailer's "Netflix moment." Ticker Security Last Change Change % COST COSTCO WH ...

Costco Wholesale Corporation (COST) is gearing up to attract fitness enthusiasts by offering the Peloton Bike+ at its 300 U.S. outlets and online this holiday season. This collaboration between the wholesale retail giant and Peloton Interactive, Inc. (PTON) brings a unique opportunity for shoppers to purchase high-end fitness equipment at competitive prices. With growing consumer demand for home workout options and Peloton’s brand recognition, this move should spark a win-win scenario for both companies.Bik ...