Advertisement
Canada markets open in 1 hour 56 minutes
  • S&P/TSX

    21,871.96
    +64.59 (+0.30%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CAD/USD

    0.7295
    -0.0006 (-0.09%)
     
  • CRUDE OIL

    81.50
    -0.40 (-0.49%)
     
  • Bitcoin CAD

    90,585.73
    +212.97 (+0.24%)
     
  • CMC Crypto 200

    1,422.27
    +7.51 (+0.53%)
     
  • GOLD FUTURES

    2,315.00
    -31.40 (-1.34%)
     
  • RUSSELL 2000

    1,967.47
    +19.82 (+1.02%)
     
  • 10-Yr Bond

    4.6230
    +0.0080 (+0.17%)
     
  • NASDAQ futures

    17,411.00
    +61.00 (+0.35%)
     
  • VOLATILITY

    16.59
    -0.35 (-2.07%)
     
  • FTSE

    8,061.94
    +38.07 (+0.47%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6835
    -0.0015 (-0.22%)
     

Why Costco’s Fiscal 4Q17 Margins Disappointed Investors

Costco's (COST) increased price investments to drive shoppers to its stores and fend off growing competition in the grocery space adversely impacted its margins in fiscal 4Q17.