Costco Wholesale (COST) Misses Q2 EPS by 12c; adj.-Comps Up 5%
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Costco Wholesale (COST) Numbers Trimmed at Jefferies
March 7, 2014 7:51 AM ESTJefferies analyst Daniel Binder reiterated a Hold rating, trimmed estimates and lowered its price target Costco Wholesale (NASDAQ: COST) from $105 to $104 following Q2 results Thursday.
Binder said, "3% comps (5% core) in Q4 looks good relative to other retailers, but was soft on internal plan.... More
Costco Wholesale (COST) Q2 Results Raise GPM Concerns; Deutsche Bank Comments
March 6, 2014 10:11 AM ESTCostco Wholesale Corp (NASDAQ: COST) stock declined after the company reported Q2 results that were worse than expected. In the view of Deutsche Bank analyst Paul Trussell, the earns miss raises GPM concerns.
"While we suspected the combination of lower overall gas profitability, unfavorable FX, and a challenging start to February (quarter ended on 2/16) would make... More
