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Costco Stock Dips After Q4 Revenue Misses the Mark

Wholesaler Costco reported its fiscal fourth-quarter earnings that missed the mark on revenue, causing the company’s stock to dip by close to 2% on Friday. Costco’s earnings per share (EPS) came at $5.29, eclipsing the analysts’ estimates of $5.08 in EPS and marking a 7%...

Costco Raises Membership Fee for the First Time in 7 Years

Retailer Costco has kept the price of its hot dog at $1.50 for more than three decades and will continue to do so for the foreseeable future. However, the company doesn’t share the same commitment when it comes to the cost of their annual...

Costco Keeps Membership Fees Constant Amid Rise in Grocery Prices

Costco Wholesale Corp. has revealed that it does not plan to raise its membership prices over the near term, despite grocery prices rising at large. The topic was initially brought up during the company’s earnings call on Thursday when a reporter raised the question...

Costco Shares Down Following Mixed Earnings Results

Costco shares were down by 2% after the market's close on Thursday night after the company released its fiscal second-quarter earnings results. The big box retailer's earnings results appeared mostly mixed, however, most metrics beat expectations. Revenue for the period was $55.27 billion, narrowly missing...

Costco Quarterly Results Miss Targets Amid Falling Consumer Spending

Costco Wholesale Corp released its first-quarter results on Thursday, showing that the big box store failed to meet analysts' estimates as consumers continue to cut spending amid continued inflation. Total revenue for the quarter was $54.44 billion, narrowly missing analysts' estimates of $54.64 billion. This...

Costco Stocks Sold En Masse Ahead Of Quarterly Earnings Report

Costco's stock has been placed under mounting pressure as it attempts to remain stable at the 500 level. This comes as the retail giant is set to release its quarterly earnings report on Thursday. While the stock has been largely sold off by investors, Costco...