News Formal

Costco stock lower following Q4 earnings, cautious consumer outlook

  • 📰 startelegram
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

日本 ニュース ニュース

Costco topped Street earnings forecasts, but a cautious consumer, and a lack of new price increases, is holding back gains for the bulk retailer heading into the opening bell.

shares moved lower in early Wednesday trading following the bulk retailer's stronger-than-expected fourth quarter earnings and solid membership sales.

Group net sales, Costco said, rose 9.5% to $78.94 billion, again topping analysts' forecasts of a $77.9 billion tally. Membership fees rose 13.7% to $1.509 billion. The group's overall gross margin was up 0.42% to 10.6%. Average daily transaction were down 3.9% in the U.S., and 4.5% worldwide over the quarter, Costco said, thanks in part to"weakness in bigger ticket nonfood discretionary items, as well as the gas price deflation."

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 248. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Costco earnings top Wall Street estimates, but stock fallsCostco Wholesale Corp. shares slipped in the extended session Tuesday even after the membership warehouse chain reported quarterly results that topped Wall...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Costco earnings top Wall Street estimatesCostco Wholesale Corp. shares slipped in the extended session Tuesday even after the membership warehouse chain reported quarterly results that topped Wall...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Costco earnings: Can the retailer keep rolling as analysts speculate on membership-fee hike?Costco Wholesale Corp. reports fiscal fourth-quarter results after the close on Tuesday.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Costco earnings, United Natural Foods, new home sales: 3 things to watch By Investing.comCostco earnings, United Natural Foods, new home sales: 3 things to watch
ソース: Investingcom - 🏆 450. / 53 続きを読む »

Costco tops quarterly earnings expectations, even as sales remain softCostco topped quarterly earnings and revenue expectations, even as sales trends at the membership club slowed.
ソース: NBCLA - 🏆 319. / 59 続きを読む »