Costco Wholesale (COST) Issues Response to Verdict in Tiffany (TIF) Suit
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Cowen Reiterates Outperform on Costco Wholesale (COST) Following September Comps
October 6, 2016 8:10 AM EDTCowen reiterated an Outperform rating and $170.00 price target on Costco Wholesale (NASDAQ: COST) following the company's September comp report. September comps of +1.0% beat expectations of flat y/y.
Analyst Oliver Chen commented, "Sept. reported comps of +1% beat Street's +0.1%, while Sept. comps (ex. gas... More
Costco Wholesale (COST) adj.-Comps Rose 1% in Sept. 2016; Sales Increased 3%
October 6, 2016 6:16 AM EDTCostco Wholesale Corporation (Nasdaq: COST) reported net sales of $11.06 billion for the month of September, the five weeks ended October 2, 2016, an increase of three percent from $10.75 billion during the similar period last year.
Comparable sales were as follows:
5 Weeks
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U.S. 0%
Canada 6%
Other International 0%
Total... More