Daily Stocks News » COST

Costco Same-Store Sales Rose More Than Expected in June (COST)

Warren Paige — Thu, 11 Jul 2013 16:37:19 +0000

Costco Wholesale Corporation’s (NASDAQ: COST) same-store sales rose more-than-expected in June. The discount retailer said that sales for the five week period ended July 7 rose 6% (after including the impact of rise in fuel prices and foreign exchange fluctuations). The Wall Street’s analysts had a consensus forecast for 5.4% growth in same-store-sales, according to [...]

Costco Q3 Profit Rises 19% as Comparable Sales Jump 7% (COST)

Warren Paige — Thu, 30 May 2013 15:59:45 +0000

Costco Wholesale Corp. (NASDAQ: COST) reported on Thursday that fiscal third quarter profit rose 19% as its top line was boosted by robust growth in comparable-store-sales.

The Issaquah, Washington-based Company, which sells goods at much lower prices than other retailers, has benefitted in recent quarters as consumers preferred buying daily necessities in bulk at [...]

Major Movers on March 12; PAY, URBN, YUM, COST, AAPL, RHT

Warren Paige — Tue, 12 Mar 2013 18:22:58 +0000

Shares of VeriFone Systems Inc. (NYSE: PAY) gained on Tuesday after the card payment machine maker said that its CEO Douglas Bergeron will step down from his position. Bergeron, who served as the CEO for VeriFone for last 12 years, will be replaced by current chairman Richard McGinn on an interim basis. The Company said [...]

Costco Wholesale Corp’s Q2 Revenue Jumps 8.3%, Edge Past Street’s Estimates (COST)

Warren Paige — Tue, 12 Mar 2013 14:55:58 +0000

Costco Wholesale Corporation (NASDAQ: COST) reported that fiscal second-quarter earnings climbed 39% year-on-year as customers in the backdrop of macroeconomic uncertainty preferred making bulk purchases from its warehouses.

The Issaquah, Washington-based Company has been consistently posting better-than-expected quarterly results lately thanks to wobbly macroeconomic environment in the U.S. which is prompting customers to buy [...]

Costco Reports 30 Percent Jump in Net Profit (COST)

Warren Paige — Wed, 12 Dec 2012 13:28:57 +0000

America’s largest warehouse club chain, Costco Wholesale Corp. (NASDAQ: COST) reported better-than-expected fiscal first quarter earnings thanks to soaring revenue from membership fees and strong growth in same-store-sales; nevertheless, revenue fell short of Street’s estimate.

The company said that fiscal first quarter profit came at $416 million or 95 cents a share, compared to [...]