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Stock Market & Financial Investment News

News Breaks
May 8, 2014
05:52 EDTCOSTCostco reports total company April SSS up 5%
Costco reported net sales of $8.56B for the month of April, the four weeks ended May 4, an increase of seven percent from $7.98B during the similar four-week period last year. This year's four-week period included 27 days of sales compared to 28 last year, reflecting the timing of Easter. This calendar shift negatively impacted this year's net and comparable sales by an estimated one and 0.5%-2%. Reports April SSS ex-gas price impact up 5%.
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November 24, 2014
10:00 EDTCOSTOn The Fly: Analyst Downgrade Summary
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06:20 EDTCOSTCostco downgraded to Buy from Conviction Buy at Goldman
Goldman removed Costco from the Conviction Buy List based on valuation. Shares remain Buy rated with a $148 price target, up from $145.

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