Costco Wholesale Corporation Reports First Quarter Fiscal Year 2017 Operating Results

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UBS Remains Bullish on Costco Wholesale (COST) Following 1Q EPS Miss

December 8, 2016 9:34 AM EST

UBS reiterated a Buy rating and $175.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 1Q earnings report. COST reported an EPS shortfall of $1.17, compared to the consensus estimate of $1.19.

Analyst Michael Lasser commented, "We think COSTs F1Q provided healthy evidence to refute the downside hypothesis. If COST were... More

Cowen Reiterates Outperform on Costco Wholesale (COST)

December 8, 2016 9:23 AM EST

Cowen reiterated an Outperform rating and $170.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 1Q earnings report. 1Q comps overall came in at +1% and flat on a 2-year stacked basis, improving by +100bps on a 2-year stacked basis.

Analyst Oliver Chen... More

BMO Capital Reiterates Outperform on Costco Wholesale (COST) Following 1Q Report

December 8, 2016 8:00 AM EST

BMO Capital reiterated an Outperform rating and $180.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 1Q earnings report. Costco reported adjusted EPS of $1.17. BMO raised our 2017 EPS estimates to $5.98 (from $5.90).

Analyst Kelly Bania commented, "Costco reported adjusted F1Q17 EPS of... More

Costco Wholesale (COST) Tops Q1 EPS by 5c; Comps Up 1%, 2% Ex-Gas

December 7, 2016 4:18 PM EST

Costco Wholesale (NASDAQ: COST) reported Q1 EPS of $1.24, $0.05 better than the analyst estimate of $1.19. Revenue for the quarter came in at $28.1 billion versus the consensus estimate of $28.3 billion.

Comparable sales for the first quarter of fiscal 2017 were as follows:

... More