Costco Reports Earnings, Sees Selective Weakness (COST)
Costco Wholesale (COST) reported fiscal ‘09 Q1 earnings this morning, largely confirming the sales trends noted along with the retailer’s Nov. sales issuance last week. From today’s report:
Q1 net sales up 4%, 1% on a comparables basis
Boilerplate comps of -7% internationally, 1% company-wide; comps in local currencies of +7% internationally, 4% company-wide
Net income essentially flat [...]
Costco Sees Limited Selling During Market Plummet
Yesterday’s carnage left few sectors undamaged, and even fewer stocks had what could be called a respectable day. Costco Wholesale (COST), however, recovered into positive territory twice yesterday before finally succumbing to the late-day selloff to finish down fractionally. The members-only wholesaler has proven to be a safe haven during the summer, even managing to [...]
-
-
-
Investopedia Commentary- Where Third Avenue Sees Value (BAM, GGP, SPG, ESV, NBR)
- America's Biggest Companies Look Reasonably Priced (XOM, MSFT, QQQQ, AIG, BAC)
- Sandridge Energy Shifts Towards Oil (SD, OXY)
- Stong Dividends Worth A Look (AINV, STD, FNF, NYB, PBCT, NLY, CIM, EQR, HRP, MFA)
- The Bear Market Bottom - One Year Later (SMRT, FITB, DNDN, LVS)
About
Pragmatic commentary on U.S. & global investing, demographics & secular trends, and the valuation of anything worth valuing. Objective, unbiased research; We believe in minimal design, zero gimmicks, and maximum results.
Subscribe to feed
Search
Secular Trends Holdings
- Secular Trends Portfolio Real-Time Positions
- The Fuel That Fed the Subprime Meltdown (Written in September 2007)
- Performance Studies on the DJIA & Fundamental Value Stocks (11/22/08)
- Las Vegas Sands - Are They Sustainable in 2009? (Published 11/15/08)
Older Posts That Folks Seem to Like
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 2.0 Generic License.