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The Latest Breaking News from Costco

Costco Wholesale's Strong Free Cash Flow Could Push COST Stock 20% Higher

Costco Wholesale delivered mixed results yesterday, albeit with strong free cash flow and margins. Analysts' revenue forecasts could lead to a 20% higher target price for COST stock over the next year.

Barchart

Why Costco Stock Is Still a Buy After a Q4 Revenue Miss

Costco stock is lower Friday after the membership warehouse firm reported a top-line miss in its fiscal fourth quarter, but Wall Street remains bullish.

Kiplinger

Costco Shoppers Are Getting Younger, Buying More Gold

The big box retailer says its membership is growing.

International Business Times

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Dow Jones Rises After Fed Inflation Data; Costco Falls On Earnings

Stock Market Today: The Dow Jones Industrial Average rose Friday on key Fed inflation data. Costco stock dropped on earnings.

Investors Business Daily

Costco Has Debunked P Diddy’s Lawyer’s Claim That He Bulk-Bought Baby Oil For ‘Threesomes’

The supermarket chain has ripped Diddy's defence to shreds.

Pedestrian.tv

Costco Posts Major Earnings Beat, But Misses On These Metrics

Costco cleared Q4 earnings estimates late Thursday, but fell short of revenue views. Costco stock eased in late trade, but near record highs.

Investors Business Daily

Grocery stores that donate expiring food − instead of price discounting or discarding − make higher profits

All major supermarkets and retailers that sell groceries, such as Kroger, Walmart and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close to 2 billion pounds of food across the United States, which amounted to US$3.5 billion that year. The estimated value of…

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Sean ‘Diddy’ Combs’ Lawyer Shares Bizarre Reason Disgraced Rapper Had 1000 Bottles Of Baby Oil

I was not expecting this.

Pedestrian.tv

Netflix, 2 Other Stocks Display Market-Beating Strength

Netflix stock has been outperforming the S&P 500 and is near a buy point. Other outperformers include Costco and Sweetgreen.

Investors Business Daily

Kroger-Albertsons merger will increase costs for shoppers, says FTC chair

Lina Khan made remark on largest-ever US grocery merger, which FTC is seeking to block, on CBS’s 60 Minutes

The Guardian - US

Michelle Obama hypes new drink at Costco

The line was launched because "we know how much concern parents and pediatricians have about sugary drinks"

Salon

TikTok video shows Michelle Obama touting her new ‘healthy’ soda at a California Costco

The former first lady was spotted promoting her ‘healthy’ alternative to sugary juices and sodas

The Independent UK

Sam's Club Raises Hourly Wages In Effort To Keep Pace With Costco

Sam's Club upped the ante in its retail rivalry with Costco on Tuesday with a hefty pay raise for its 100,000 employees.

International Business Times

Analysts Raise Profit Estimates For Nvidia Chipmaker, Meta And Others

Analysts see profits rising for AI and social media giant, Meta, and Taiwan Semiconductor. Meta stock and TSM are near buy points.

Investors Business Daily

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International Business Times

New Jersey Truck Thieves Drive Off with Massive Amount Of Costco Frozen Shrimp

The shrimp, weighing close to 25,000 pounds, was estimated to be valued at more than $300,000. Police are unsure how the thieves expected to make a profit.

Latin Times

New Jersey Truck Thieves Drive Off with Massive Amount of Costco Frozen Shrimp

The shrimp, weighing close to 25,000 pounds, was estimated to be valued at more than $300,000. Police are unsure how the thieves expected to make a profit.

Barchart

Up 36% YTD, Is It Too Late to Buy Costco Wholesale Stock?

Is it too late to snag this standout retail stock in 2024?

Investors Business Daily

Costco Stock, 3 Others Flash Classic Bullish Sign

Costco Wholesale stock's relative strength line is at a high as the stock nears a buy point.

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Barchart

How Is Costco’s Stock Performance Compared to Other Consumer Defensive Stocks?

Costco has outperformed the consumer defensive sector this year, and analysts are highly optimistic about the stock’s prospects.

Fortune

Gold has beaten stocks. Should the metal be in your portfolio?

Gold’s spot price sits above the $2,515 mark, down slightly from an all-time high set before Labor Day.

International Business Times UK

Albertsons And Kroger CEOs Push For Merger Saying It'll Allow Them To Lower Prices And Better Compete Against Walmart, Costco And Amazon

Kroger and Albertsons seek to merge, arguing it will lower prices, but the FTC opposes the merger due to competition, job losses, and store closures.

Investors Business Daily

Dow Jones Futures: Stock Market Rally At Key Levels; Tesla Moves On New FSD Push

The market rally is at key points for all the major indexes. Tesla plans to roll out FSD in China and Europe in Q1 2025.

The Independent UK

Costco raising member fees for the first time in seven years

Costco is also cutting down on card sharing by implementing a scanner at the front door of its locations

Investors Business Daily

Funds Are Loading Up On Costco, Netflix And Two Other Leading Stocks

Funds are buying Costco, Netflix, Deckers Outdoor and JPMorgan Chase amid market volatility.

International Business Times

Labor Day 2024: Which Businesses Are Open And Closed?

While Costco will not be open on Labor Day, so many other establishments will keep their doors open.

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