Costco(US:COST) ZACKSยท2025-05-29 23:31Market Overview - Major indexes showed positive performance with the Dow up +108 points (+0.26%), S&P 500 rising +0.40%, Nasdaq increasing +0.39%, and Russell 2000 growing +0.33% [2] - Bond yields decreased, with the 10-year yield at +4.42%, 2-year at +3.94%, and 30-year at +4.92% [2] Real Estate Sector - Pending Home Sales fell -6.3% month over month in April, significantly worse than the expected -1.0% drop, following a +5.5% increase in March [3] - The overall index for Pending Home Sales stood at +71.3, with the West and South regions experiencing the largest declines of -8.9% and -7.7% respectively [3] Company Earnings Reports - Costco reported fiscal Q3 earnings of $4.28 per share, exceeding expectations by $0.05, with revenues of $63.2 billion, an 8% year-over-year increase [4][5] - The Gap's shares fell -17% despite beating earnings estimates with $0.51 per share on revenues of $3.5 billion, as tariffs could cost the company $100-150 million [5] - Dell Technologies reported Q1 earnings of $1.55 per share, missing expectations but showing a +17% year-over-year growth, with Infrastructure Solutions up +12% [6] - Marvell Technology narrowly beat earnings expectations with $0.62 per share and $1.89 billion in revenues, a record high, and raised next-quarter guidance [7] - Ulta Beauty reported earnings of $6.70 per share, surpassing expectations of $5.77, with revenues of $2.85 billion exceeding the $2.80 billion forecast [9]