Costco Wholesale Corporation (COST)
| Market Cap | 380.98B |
| Revenue (ttm) | 253.70B |
| Net Income (ttm) | 7.17B |
| Shares Out | 443.34M |
| EPS (ttm) | 16.14 |
| PE Ratio | 53.24 |
| Forward PE | 50.67 |
| Dividend | $4.64 (0.54%) |
| Ex-Dividend Date | Apr 25, 2024 |
| Volume | 1,343,118 |
| Open | 845.69 |
| Previous Close | 845.67 |
| Day's Range | 843.08 - 860.36 |
| 52-Week Range | 524.63 - 873.96 |
| Beta | 0.78 |
| Analysts | Buy |
| Price Target | 767.32 (-10.71%) |
| Earnings Date | May 30, 2024 |
About COST
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories. It offers merchandise, such as sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; appliances, electronics, health and beauty aids, hardware, garden and patio... [Read more]
Financial Performance
In 2023, COST's revenue was $242.29 billion, an increase of 6.76% compared to the previous year's $226.95 billion. Earnings were $6.29 billion, an increase of 7.67%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for COST stock is "Buy." The 12-month stock price forecast is $767.32, which is a decrease of -10.71% from the latest price.
News
Amid weak consumer spending, buy Costco, skip McD's: Strategist
On today's edition of Good Buy or Goodbye, Tematica Research chief investment officer Chris Versace joins Julie Hyman to discuss his top picks as consumers struggle with the rising cost of food. Versa...
How Sam's Club plans to take on Costco's Kirkland Signature
Private labels have gained mainstream popularity as price conscious Americans notice the much improved store brands. It is today a $220 billion industry.
How Walmart-owned Sam's Club is trying to take on Costco's private label Kirkland
Private label wars have heated up as consumers look for value and unique items. Walmart-owned Sam's Club is trying to raise the quality of its private brand, Member's Mark.
Here's why Costco has the best customer loyalty
Michael Lasser, UBS analyst, joins Money Movers to discuss which retail company has the best customer loyalty, which companies need to improve, and much more.
Costco Stock At 52-Week High: Still Time To Buy?
Costco Wholesale Corp COST has been on a stellar run, gaining 71.22% over the past year and 31.81% year-to-date. Trading around $870 per share Thursday morning, the stock reached a new high of $873.96...
Top 3 Jim Cramer recommended stocks to own in 2024
Famed investor Jim Cramer remains convinced that the current environment is suitable for owning stocks. Here are the top three must-own stocks that he recommends buying for 2024.
Costco's 2Q 2024 Earnings Analyst Q&A Session Provides Insight Into Company Performance And Market Dynamics
The following is the Analyst Q&A from Costco's COST 2Q 2024 earnings call:
Costco's Upside Is Limited Due to Valuation
Shares of Costco Wholesale Corp. (COST, Financial) have proven to be an exceptional investment historically. Over the past decade, the stock has delivered a total return of roughly 760%.
GM is using Costco to help it sell more EVs
General Motors is turning to Costco's Auto Program to help it sell more EVs. The wholesaler partners with automakers and dealers to offer discounted vehicle prices for members.
GM has a secret to help sell its new EVs. It's Costco.
GM is increasingly using the Costco Auto Program for EVs as it expands its portfolio from niche vehicles to mass market segments with vehicles such as the Chevrolet Equinox, the automaker said. The pr...
Most Consumer Staples Are Underperforming. but not Walmart and Costco
Inflation- and cost-conscious consumers are a problem for staples companies. But not for big retailers luring shoppers with bargains.
Costco to stop selling books year-round: report
Costco Wholesale Corp. will no longer regularly stock books in its stores starting next year, according to a news report on Thursday.
What's going on with Costco (COST) share price?
The warehouse giant reported revenue of $58.5 billion for Q3 2024, marking a 9% year-over-year increase. Additionally, diluted earnings per share (EPS) surged by 29% to $3.78, surpassing Wall Street a...
Costco will reportedly stop selling books, except before the holidays
Costco plans to stop selling books on a regular basis, publishing execs told The New York Times. Costco will only sell books for the holidays, as well as on some occasions throughout the year, the exe...
Costco's Japan wages provide pathway to firing up nation's low pay, economy
When Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noodle shop chain took a drastic step: it hiked ...
Costco's May Sales Jump. E-Commerce Continues to Climb.
The wholesale retailer's revenue growth was up 8.1% in May from last year.
Costco Wholesale Corporation Reports May Sales Results
ISSAQUAH, Wash., June 05, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $19.64 billion for the retail month of May, the f...
S&P Stocks To Trade In June
For this month, the cycle/relative strength concept is applied. First, the S&P 500 stocks are ranked from the best performer to the worst by calculating the expected return in that month.
Three Stock Lunch: Johnson & Johnson, Costco & Spotify
Gina Sanchez, Lido Advisors chief market strategist, joins 'Power Lunch' to discuss stock plays for three stocks, including Johnson & Johnson, Costco, and Spotify.
Costco still has room to run as membership continues to generate cash flow, says Loop's Champine
Laura Champine, senior consumer analyst at Loop Capital Markets, joins CNBC's 'The Exchange' to discuss Costco, consumer behavior, and more.
Calls of the Day: Costco, Edwards Lifesciences, Citigroup, American Express & Fedex
The Investment Committee give you their take on the latest Calls of the Day.
What I Learned From Costco, Best Buy, The Gap, Kohl's, Nordstrom And Ulta Beauty Last Thursday
Last Thursday was a tough day for analysts. During the day, several companies reported their recent quarterly results, and there was a lot to absorb. Every company we surveyed discussed the fact that ...
Jim Cramer takes a closer look at Costco after earnings
'Mad Money' host Jim Cramer takes a closer look at Costco after the big box retailer reported earnings.
Pullbacks can turn out to be tremendous buying opportunities, says Jim Cramer on Costco
'Mad Money' host Jim Cramer takes a closer look at Costco after the big box retailer reported earnings.
Cramer says to buy Costco after the stock's post-earnings dip
CNBC's Jim Cramer on Friday told investors it's a good idea to buy Costco even after shares fell after earnings. "So, let it come in, but, as I tell investing club members, remember to buy some if you...