Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2019 Operating Results

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Costco Wholesale (COST) PT Raised to $329 at RBC Capital

October 4, 2019 7:41 AM EDT

RBC Capital analyst Scot Ciccarelli raised the price target on Costco Wholesale (NASDAQ: COST) to $329.00 (from $321.00) while maintaining a Outperform rating following the company's 4Q report. Excluding a $123mm charge, Costco nicely beat expectations with adjusted EBIT growth of ~10% YOY, while... More

Costco (COST) Misses Q4 EPS by 7c

October 3, 2019 4:16 PM EDT

Costco (NASDAQ: COST) reported Q4 EPS of $2.47, $0.07 worse than the analyst estimate of $2.54. Revenue for the quarter came in at $47.5 billion versus the consensus estimate of $47.57 billion.

Comparable sales for the fourth... More