Costco Wholesale (COST) Q2 Results Raise GPM Concerns; Deutsche Bank Comments
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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) Misses Q2 EPS by 12c; adj.-Comps Up 5%
March 6, 2014 5:59 AM ESTCostco Wholesale Corp (NASDAQ: COST) reported Q2 EPS of $1.05, $0.12 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $25.76 billion versus the consensus estimate of $26.67 billion.
Comps up 3 percent. Comps, excluding gasoline price deflation and foreign exchange, rose 5 percent.... More
