Costco Wholesale Corporation Reports Third Quarter and Year-to-Date Operating Results for Fiscal Year 2016

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Nomura Securities Reiterates Buy on Costco Wholesale (COST) Following 3Q Report

May 26, 2016 9:08 AM EDT

Nomura Securities maintained a Buy rating and $185.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 3Q earnings report. Costco reported EPS of $1.24, above the consensus of $1.22. Membership fee income (MFI) rose 5.8% to $618mn, above Nomura's expectation for a 5.0% increase.

Analyst Robert Drbul... More

Costco Wholesale (COST) Tops Q3 EPS by 2c; Comps Up 3% Ex-Gas

May 26, 2016 6:17 AM EDT

Costco Wholesale (NASDAQ: COST) reported Q3 EPS of $1.24, $0.02 better than the analyst estimate of $1.22. Revenue for the quarter came in at $26.15 billion versus the consensus estimate of $27.07 billion.

Comparable sales for the twelve-week and thirty-six-week periods were as follows:

... More