Costco Wholesale Corporation Reports First Quarter Fiscal Year 2019 Operating Results

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Costco Wholesale (COST) PT Lowered to $247 at RBC Capital

December 14, 2018 7:29 AM EST

RBC Capital analyst Scot Ciccarelli lowered the price target on Costco Wholesale (NASDAQ: COST) to $247.00 (from $254.00) while maintaining a Outperform rating.

The analyst notes continued margin pressure while traffic growth remains impressive.

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Costco (COST) Tops Q1 EPS by 11c

December 13, 2018 4:17 PM EST

Costco (NASDAQ: COST) reported Q1 EPS of $1.73, $0.11 better than the analyst estimate of $1.62. Revenue for the quarter came in at $35.07 billion versus the consensus estimate of $34.79 billion.

Comparable sales for the first quarter fiscal 2019 were as... More