COST - Costco Wholesale Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
266.77
+0.64 (+0.24%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close266.13
Open267.31
Bid0.00 x 1000
Ask0.00 x 1100
Day's Range266.52 - 267.97
52 Week Range189.51 - 268.94
Volume1,586,110
Avg. Volume1,696,056
Market Cap117.328B
Beta (3Y Monthly)1.00
PE Ratio (TTM)32.78
EPS (TTM)8.14
Earnings DateN/A
Forward Dividend & Yield2.60 (0.98%)
Ex-Dividend Date2019-05-09
1y Target Est252.04
Trade prices are not sourced from all markets
  • Business owner to Trump: Drop the tariffs
    Yahoo Finance17 hours ago

    Business owner to Trump: Drop the tariffs

    CEO behind Star Wars night-lights calls tariffs devastating and urges President Trump to back down

  • 3 Warren Buffett Stocks Worth Buying Now
    Motley Fool10 hours ago

    3 Warren Buffett Stocks Worth Buying Now

    The Oracle of Omaha owns these stocks. Maybe you should, too.

  • The Bitter Contest for China’s Online Shoppers
    Bloombergyesterday

    The Bitter Contest for China’s Online Shoppers

    (Bloomberg Opinion) -- Carrefour SA, Europe's largest retailer,  may be the latest Western company to pull back from China. It’s unlikely to be the last.On Monday, the hypermarket operator said it would sell 80% of its China business for 4.8 billion yuan ($699 million) in cash to Suning.com, the Chinese retailer backed by Alibaba Group Holding Ltd. Carrefour will retain a 20% stake. Over the past few years, the French company’s plans to shrink its China footprint has been one of the worst-kept secrets in banking. Though Carrefour sold the business pretty cheaply – with a valuation of 0.2 times 2018 sales, compared with the industry average of 0.84, according to Citigroup Inc. – loosening its ties to the mainland may be a smart move, whatever the price. With sales in the country flagging and losses piling up, the deal comes as China’s macroeconomic picture is also darkening.Yet the key challenge for Carrefour preceded the trade war. In recent years, online-only players such as Alibaba have been piling pressure on brick-and-mortar operations, with Tesco Plc, Best Buy Co. and Marks & Spencer Plc each announcing plans to pull back from the mainland market. Carrefour’s share of the country’s hypermarket segment fell to 4.6% last year from 8.2% in 2009, Citi writes.(1)   That’s a problem in a country with one of the world’s biggest rates of e-commerce penetration. China's online retail sales reached 3.86 trillion yuan in the first five months of this year, accounting for more than one-fifth of the country's total purchases of consumer goods, according to a recent report by the Chinese Academy of Social Sciences. To make matters worse, foreign brands no longer have the cachet they once enjoyed – at least in low-end consumer goods. In a survey last year, Credit Suisse AG said that Chinese consumers preferred domestic purveyors in categories like food and drinks and home appliances. With the trade war whipping up nationalist fervor, that trend may accelerate: The bank's latest poll of shoppers 18 to 29 years old showed that 41% preferred phones made by Huawei Technologies Co., up from 28%, while interest for Apple Inc.’s products fell to 28% from 40%.For many firms, ceding control to a local partner is probably the best way forward. Carrefour appears to be borrowing a page from the playbook of McDonald’s Corp., which sold 80% of its China business in 2017 to a tie-up between state giant Citic Group Corp. and private equity firm Carlyle Group LP.Or consider Walmart Inc., which sold its e-commerce delivery site to JD.com Inc. in 2016 in exchange for a stake in the Chinese retailer. The U.S. firm now aims to open 40 of its Sam’s Club stores in China by 2020. Costco Wholesale Corp. is also betting on China’s appetite for bulk buying, with plans to open its first bricks-and-mortar store in August. Whether Costco can pull this off without a local partner remains unclear.What is clear is that Carrefour won’t be the last retailer to rethink its China strategy. Germany's Metro AG is also looking to sell its $1.5 billion Chinese business. At a time when Chinese acquisitions overseas have dried up, bankers at least can thank Western firms for managing to drum up some business from the mainland. (1) The bank citesEuromonitor International research.To contact the author of this story: Nisha Gopalan at ngopalan3@bloomberg.netTo contact the editor responsible for this story: Rachel Rosenthal at rrosenthal21@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Get Ready for an Onslaught of IPOs
    Motley Fool3 days ago

    Get Ready for an Onslaught of IPOs

    Slack, Beyond Meat, and Fiverr are only the tip of a looming iceberg.

  • Here's Why Costco (COST) is a Great Momentum Stock to Buy
    Zacks5 days ago

    Here's Why Costco (COST) is a Great Momentum Stock to Buy

    Does Costco (COST) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Can Sam's Club Change How America Buys Tires?
    Motley Fool5 days ago

    Can Sam's Club Change How America Buys Tires?

    The warehouse chain's latest tech debut in the garage reflects its wider strategy to catch up to Costco.

  • Looking Ahead to the Q2 Earnings Season
    Zacks6 days ago

    Looking Ahead to the Q2 Earnings Season

    Looking Ahead to the Q2 Earnings Season

  • Costco, AutoZone, Adobe, Oracle and Applied Materials are part of Zacks Earnings Preview
    Zacks7 days ago

    Costco, AutoZone, Adobe, Oracle and Applied Materials are part of Zacks Earnings Preview

    Costco, AutoZone, Adobe, Oracle and Applied Materials are part of Zacks Earnings Preview

  • Costco Finds a Way to Offer Even Fewer Frills
    Motley Fool7 days ago

    Costco Finds a Way to Offer Even Fewer Frills

    The company plans to roll out a new self-checkout initiative this summer to about half its U.S. stores.

  • Zacks7 days ago

    Fed Week Begins in the Green

    Fed Week Begins in the Green

  • Best Buy to sell Flywheel bikes and other popular home exercise machines
    Yahoo Finance7 days ago

    Best Buy to sell Flywheel bikes and other popular home exercise machines

    Best Buy announced Tuesday that it will be selling a collection of high-tech at-home fitness equipment.

  • Why We Think Costco Wholesale Corporation (NASDAQ:COST) Could Be Worth Looking At
    Simply Wall St.7 days ago

    Why We Think Costco Wholesale Corporation (NASDAQ:COST) Could Be Worth Looking At

    Costco Wholesale Corporation (NASDAQ:COST) is a stock with outstanding fundamental characteristics. When we build an...

  • After Hours: Costco Hits All-Time High, MoneyGram Meets Cryptocurrency
    Motley Fool7 days ago

    After Hours: Costco Hits All-Time High, MoneyGram Meets Cryptocurrency

    Investors are betting that the big, popular store will survive the retail apocalypse. Plus, the market obviously likes MoneyGram's new strategic investor.

  • Costco Stock: What Does the Target Price Indicate?
    Market Realist8 days ago

    Costco Stock: What Does the Target Price Indicate?

    Costco’s impressive comps and strong EPS growth supported its stock. However, the recent uptrend in Costco stock and rich valuation could limit the upside. Analysts expect Costco’s comps to continue to grow at a decent rate.

  • Costco’s Earnings Growth Could Moderate
    Market Realist8 days ago

    Costco’s Earnings Growth Could Moderate

    Costco faces tough year-over-year comparisons in fiscal 2019, which could restrict its bottom-line growth. The absence of a significant boost from the lower tax rate could limit the company's EPS growth.

  • Costco: Concerning Valuation despite Impressive Comps
    Market Realist8 days ago

    Costco: Concerning Valuation despite Impressive Comps

    Costco (COST) shares outperformed the broader markets. The shares have risen 27.7% on a year-to-date basis as of June 14. The company's impressive comps supported the uptrend in its stock.

  • Looking Ahead to the Q2 2019 Earnings Season
    Zacks8 days ago

    Looking Ahead to the Q2 2019 Earnings Season

    Looking Ahead to the Q2 2019 Earnings Season

  • Why Costco (COST) Stock Might be a Great Pick
    Zacks8 days ago

    Why Costco (COST) Stock Might be a Great Pick

    Costco (COST) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

  • Barrons.com10 days ago

    Bank of America’s Brian Moynihan and Other Growth Leaders on Our List of the World’s Best CEOs

    Under his leadership, the big bank has posted record profits and overcome the ugly legacy of its financial crisis-era missteps

  • Barrons.com10 days ago

    Food Fight! Walmart, Costco, Amazon, and Kroger Are Duking It Out in the Aisles.

    Citigroup analyst Gregory Badishkanian isn’t ready to declare a victory in the grocery war, but he does have Buy ratings on Kroger, Walmart, and Amazon, and is Neutral on Costco.

  • Buy Kroger (KR) Stock Before Q1 Earnings as Amazon-Inspired Grocery Delivery Expands?
    Zacks11 days ago

    Buy Kroger (KR) Stock Before Q1 Earnings as Amazon-Inspired Grocery Delivery Expands?

    Overall, the first quarter has been relatively strong for retailers, so let's look at what investors should expect from Kroger to see if they should consider buying KR stock heading into its Q1 earnings release.

  • Amazon's Assault on Britain Has Gone Up a Notch
    Bloomberg12 days ago

    Amazon's Assault on Britain Has Gone Up a Notch

    (Bloomberg Opinion) -- The changing nature of food retailing was laid bare on Thursday with lower-than-expected U.K. sales growth at Tesco Plc and Amazon.com Inc. expanding its partnership with the smaller British chain Wm Morrison Supermarkets Plc.Amazon’s agreement with Morrisons, while still fairly small right now, shows the ambitions of the online giant toward the U.K., already one of the world’s most competitive retail sectors. That will strike fear into the hearts of supermarket behemoths such as Tesco, Britain’s grocery leader. Tesco has been trying to bolster its defenses, and a slowdown in growth in the three months to May 25 shouldn’t be too surprising. All retailers face extremely difficult comparisons with the same period last year, when Britain was basking in sunny weather and enjoying a royal wedding. The company’s CEO, Dave Lewis, remains on course to hit his target for an operating margin of 3.5% to 4% by February next year.Still, the first-quarter slowdown doesn’t exactly inspire confidence about what happens once that margin target is reached. The company updates the City next week on how it can find ways to bolster sales and profit. It’s staying tight-lipped for now, but making more of its use of customer data — including through its Clubcard loyalty scheme — might be on the agenda. Lewis has talked before about developing the property around its stores. That could become a bigger part of cash flow, too.Tesco could also work more closely with Booker Group Ltd., a recently acquired food wholesaler. It’s experimenting already with putting cash-and-carry outlets in Tesco stores and introducing dedicated bulk-buy areas, with one eye on becoming Britain’s answer to America’s Costco Wholesale Corp. Wisely, it has also set up a purchasing alliance with Carrefour SA, the French supermarket chain.But as the quarter showed, life isn’t getting any easier for Tesco. Aldi and Lidl, the cutthroat German discount grocers, are still powering ahead in Britain, putting enormous pressure on the traditional giants.That makes Amazon’s advances all the more fraught. Morrisons, the U.K.’s fourth-biggest supermarket group, said on Thursday that it was expanding its super-fast grocery delivery service for Amazon customers. Nine regions in England and Scotland will now offer this, up from four. The aim is for nationwide coverage.The rapid roll-out of the Amazon partnership has been facilitated by another smart move by Morrisons chief executive David Potts, who started his supermarket career on the shop floor. He has negotiated an end to his company’s exclusive relationship with Ocado Group Plc, the specialist online grocer. That has opened the door to closer ties with Amazon.Beset by price-slashing German rivals on one side and savvy online operators on the other, Tesco and its ilk are going to have to work hard to keep food in their investors’ mouths.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Motley Fool13 days ago

    Wells Fargo’s CEO Search Continues

    Who would have thought that Wells Fargo would have a hard time filling the suddenly-vacated CEO role?

  • Carter's (CRI) Stock Displays Solid Momentum: Will it Sustain?
    Zacks13 days ago

    Carter's (CRI) Stock Displays Solid Momentum: Will it Sustain?

    Carter's (CRI) displays momentum on efforts to improve store productivity, boost e-commerce and enhance product offerings. However, loss of sales to Toys "R" Us and Bon-Ton stores remains a hurdle.