Costco(COST)
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Costco: Waiting For A Dip? Next Quarter Is Your Hope
Seeking Alpha· 2024-12-13 15:36
I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio targeted at avoiding losers and maximizing exposure to big winners. This means that often I'll rate great companies at a 'Hold' because their growth opportunity is below my threshold, or their d ...
Costco Q1 Earnings Beat Estimates, Comparable Sales Rise 5.2% Y/Y
ZACKS· 2024-12-13 14:35
Costco Wholesale Corporation (COST) posted first-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and increased year over year. The company also registered decent comparable sales growth during the quarter.Costco’s Quarterly Performance: Key Metrics and InsightsCostco reported adjusted earnings of $3.82 per share for the quarter under review, surpassing the Zacks Consensus Estimate of $3.79. The adjusted quarterly number increased by 9.8% from the prior-year qu ...
Costco: $1,000 Per Share Has No Basis In Reality
Seeking Alpha· 2024-12-13 14:14
If you liked this idea, sign up for a no-obligation free trial of my Seeking Alpha Marketplace service, Timely Trader ! I sift through various asset classes to find the best places for your capital, helping you maximize your returns. Timely Trader seeks to find winners before they become winners, and keep you out of losers. In addition, you get access to our community via chat, direct access to me, real-time price alerts, a model portfolio, and more.Retail legend Costco (NASDAQ: COST ) posted first quarter ...
Prediction: These Will Be Wall Street's 2 Most-Prominent Stock-Split Stocks of 2025
The Motley Fool· 2024-12-13 10:06
Stock-split euphoria took over Wall Street in 2024, and two brand-name companies could continue this trend in the new year.In case you haven't noticed, the stock market has been practically unstoppable in 2024. The iconic Dow Jones Industrial Average, benchmark S&P 500, and growth-focused Nasdaq Composite have reached multiple record highs and respectively risen by 17%, 27%, and 31% this year, as of the closing bell on Dec. 10.Although excitement surrounding the rise of artificial intelligence (AI) and Dona ...
Costco says it's seeing a shift in how much people eat at home vs. at restaurants
Business Insider· 2024-12-13 08:07
Costco said it's seeing a boost in meat and produce sales.Costco's finance chief said in the Q1 2025 earnings call that there was a shift toward "food at home."The retailer posted strong growth this quarter, with sales increasing 7.5% from the year before.Americans are swapping dinners out for nights in, Costco said in its 2025 first-quarter results.Advertisement "I would say that we are seeing what we think is a little bit of a shift from food away from home to food at home," Costco's finance chief, Gary ...
Costco(COST) - 2025 Q1 - Earnings Call Transcript
2024-12-13 01:50
Costco Wholesale Corporation (NASDAQ:COST) Q1 2025 Earnings Conference Call December 12, 2024 5:00 PM ET Company Participants Gary Millerchip - EVP and CFO Ron Vachris - President and CEO Conference Call Participants Simeon Gutman - Morgan Stanley Oliver Chen - TD Cowen Christopher Horvers - JPMorgan Zhihan Ma - Bernstein Karen Short - Melius Research Edward Kelly - Wells Fargo John Heinbockel - Guggenheim Rupesh Parikh - Oppenheimer Peter Benedict - Baird Greg Melich - Evercore ISI Scott Mushkin - R5 Capit ...
Costco CEO: Digital Sales Outpacing Overall Growth on ‘Tech Journey'
PYMNTS.com· 2024-12-13 00:50
Costco is proving that its digital transformation is more than just a buzzword — it’s driving growth. As the company continues to enhance its eCommerce offerings and streamline member experiences, its first-quarter results (Q3 by the calendar) for fiscal 2025 illustrate a combination of solid online performance and in-store success.Digital growth played a major role Thursday (Dec. 12) during the company’s earnings call as eCommerce sales rose 13%, site traffic grew 16%, and average order value increased 4%. ...
Costco (COST) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-12-13 00:00
Costco (COST) reported $62.15 billion in revenue for the quarter ended November 2024, representing a year-over-year increase of 7.5%. EPS of $3.82 for the same period compares to $3.48 a year ago.The reported revenue represents a surprise of +0.17% over the Zacks Consensus Estimate of $62.05 billion. With the consensus EPS estimate being $3.79, the EPS surprise was +0.79%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
Markets Take a Breather on Econ Data; COST, AVGO, RH Report Late
ZACKS· 2024-12-12 23:55
Thursday, December 12, 2024Stock market indexes had a down day from the start: higher producer prices from November’s PPI report and a notable increase in Weekly Jobless Claims ahead of the open today set the scene. We’re still near all-time highs on the major indexes, so taking a breather with less-than-stellar economic prints seems perfectly reasonable.Attention will now turn to next week’s Federal Open Market Committee (FOMC) meeting, where on Wednesday afternoon the latest decision on interest rates wil ...
Costco (COST) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2024-12-12 23:25
Costco (COST) came out with quarterly earnings of $3.82 per share, beating the Zacks Consensus Estimate of $3.79 per share. This compares to earnings of $3.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.79%. A quarter ago, it was expected that this warehouse club operator would post earnings of $5.05 per share when it actually produced earnings of $5.15, delivering a surprise of 1.98%.Over the last four quarters, the com ...