Costco posts Q3 earnings beat, US same-store sales jump 6%

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Costco News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Costco's (COST) fiscal third-quarter earnings beat may not be enough to excite the stock this morning as shares dip into the red. The big-box retailer...

) fiscal third-quarter earnings beat may not be enough to excite the stock this morning as shares dip into the red. The big-box retailerThe company did see same store sales in the US rise.Yahoo Finance's Brooke Dipalma joins us with the breakdown.Absolutely.

We saw the same source sales here in the US jump 6% and that was led by an increase in foot traffic some more frequent visits to the stores as well as an increase in the average transaction.We also saw an increase in seam source sales in both Canada as well as their international business. Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Costco Q3 earnings beat all key metrics, after shares closed at an all-time highCostco's value proposition drove results in its third fiscal quarter.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Costco Q1 earnings preview: Another quarter of growth expected as shoppers continue to prize valueWall Street expects Costco held onto its value proposition in its third fiscal quarter results.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Costco Q3 earnings top Street estimatesCostco Wholesale (COST) posted third quarter earnings per share of $3.78, topping estimates of $3.70. Revenue was $58.52 billion, slightly better than the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Markets dip on Salesforce revenue miss, Costco, Dell earnings on tap: Yahoo FinanceThe Dow (^DJI), Nasdaq (^IXIC), and S&P 500 (^GSPC) are all under pressure after Salesforce (CRM) reported revenue that missed expectations for the first...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Costco earnings, GDP: What to watchAs the trading day comes to an end, here's a preview of key events to watch for on Thursday, May 30th. Earnings reports from various retailers are due for...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »