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Costco Wholesale Corp (COST.OQ)

COST.OQ on NASDAQ Stock Exchange Global Select Market

236.70USD
3:07pm GMT
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Fri, Oct 5 2018

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Costco barely beats sales estimates, gross margins weigh

Costco Wholesale Corp's quarterly sales barely beat analysts' estimates on Thursday as growth in online business decelerated to its slowest in the year amid intense competition, while gross margins fell on rising costs and higher investments.

UPDATE 2-Costco barely beats sales estimates, gross margins weigh

Oct 4 Costco Wholesale Corp's quarterly sales barely beat analysts' estimates on Thursday as growth in online business decelerated to its slowest in the year amid intense competition, while gross margins fell on rising costs and higher investments. The warehouse club retailer's shares fell as much as 3 percent after the bell, with the company saying it is reviewing its internal control over financial reporting.

Costco quarterly sales narrowly beat estimates

Oct 4 Warehouse club operator Costco Wholesale Corp's quarterly sales narrowly beat estimates on Thursday, with online sales losing steam in the face of intense competition from Amazon Inc and Walmart.

Price cuts, freight costs pressure Costco's margins, shares slip

Warehouse club operator Costco Wholesale Corp reported third-quarter results that topped analysts' estimates, but price cuts and higher freight costs weighed on its gross margins, sending its shares lower in extended trading.

UPDATE 2-Price cuts, freight costs pressure Costco's margins, shares slip

May 31 Warehouse club operator Costco Wholesale Corp reported third-quarter results that topped analysts' estimates, but price cuts and higher freight costs weighed on its gross margins, sending its shares lower in extended trading.

Warehouse club operator Costco quarterly sales top estimates

May 31 Warehouse club operator Costco Wholesale Corp on Thursday reported quarterly revenue and comparable store sales that topped analysts' estimates, helped by a rise in membership fees and online sales.

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