358.00 +0.38 (0.11%)
After hours: 6:59PM EDT
|Bid||357.83 x 800|
|Ask||359.00 x 1100|
|Day's Range||355.88 - 363.85|
|52 Week Range||271.28 - 384.87|
|Beta (5Y Monthly)||0.69|
|PE Ratio (TTM)||39.65|
|Earnings Date||Dec. 10, 2020|
|Forward Dividend & Yield||2.80 (0.77%)|
|Ex-Dividend Date||Oct. 29, 2020|
|1y Target Est||372.30|
Costco (COST) closed at $364.86 in the latest trading session, marking a -0.03% move from the prior day.
Amazon (NASDAQ: AMZN) had been doing phenomenally well before the pandemic struck. Plus there are its devices like Kindle and Alexa, and its cloud-computing business, Amazon Web Services. Amazon's sales and operating income grew to $280.5 billion and $14.5 billion last year, respectively.
To the question of what's the most feared competitor in retail, the answer is simple. Amazon (NASDAQ: AMZN) has demonstrated time and again its desire to disrupt as many corners of the retail industry has possible, and Wall Street tends to give the tech giant a wide berth. For instance, when Amazon acquired Whole Foods Market in 2017, supermarket stocks fell broadly, including Sprouts, Supervalu, Walmart, and Costco (NASDAQ: COST), as investors feared that the industry was about to experience the "Amazon effect."