Costco Wholesale Corporation Reports Third Quarter and Year-to-Date Operating Results for Fiscal 2021
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Costco Wholesale (COST) PT Raised to $440 at Cowen
May 28, 2021 9:58 AM EDTCowen analyst Oliver Chen raised the price target on Costco Wholesale (NASDAQ: COST) to $440.00 (from $410.00) while maintaining an Outperform rating.
The analyst commented, "Comps +20.6%, including U.S. +18.2% on +DD traffic as COST continues to execute. Investments in "big & bulky" infrastructure bode well for... More
Costco Wholesale (COST) PT Raised to $415 at Telsey
May 28, 2021 6:25 AM EDTTelsey analyst Joseph Feldman raised the price target on Costco Wholesale (NASDAQ: COST) to $415.00 (from $395.00) while maintaining a Outperform rating.
... MoreCostco (COST) Tops Q3 EPS by 41c
May 27, 2021 4:16 PM EDTCostco (NASDAQ: COST) reported Q3 EPS of $2.75, $0.41 better than the analyst estimate of $2.34. Revenue for the quarter came in at $45.28 billion versus the consensus estimate of $43.64 billion.
Comparable sales for the third quarter fiscal 2021 were as follows:
12 Weeks 12 Weeks 36 Weeks 36 Weeks
Adjusted* Adjusted*
U.S. 18.2% 15.2% 14.7% 15.1%
Canada 32.3% 16.7% 20.2% 14.7%
Other International 22.9% 13.1% 21.1% 16.3%... More
