Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2018 Operating Results

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Costco Wholesale (COST) PT Raised to $265 at UBS Following 4Q

October 5, 2018 7:54 AM EDT

UBS analyst Michael Lasser raised the price target on Costco Wholesale (NASDAQ: COST) to $265.00 (from $255.00) while maintaining a Buy rating following the company's 4Q earnings report. COST reported EPS of $2.36 vs. consensus estimates of $2.36. The company's $997 mm in MFI was just short of the $1,009 mm... More

Costco Wholesale (COST) PT Lowered to $253 at RBC Capital

October 5, 2018 6:37 AM EDT

RBC Capital analyst Scot Ciccarelli lowered the price target on Costco Wholesale (NASDAQ: COST) to $253.00 (from $255.00) while maintaining an Outperform rating.

Ciccarelli notes margins are still under pressure while traffic growth remains impressive.

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Costco (COST) Reports In-Line Q4 EPS, Comps Increase 9.5%; Expects to Report Material Weakness in Internal Control

October 4, 2018 4:16 PM EDT

(Updated - October 4, 2018 4:18 PM EDT)

Costco (NASDAQ: COST) reported Q4 EPS of $2.36, in-line with the analyst estimate of $2.36. Revenue for the quarter came in at $44.41 billion versus the consensus estimate of $44.27 billion.

Comparable sales for the 16-week fourth quarter, and the 52-week fiscal year were as... More