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COST News and Press, Costco Wholesale Corporation From 07/11/24

Stock Information

Company Name: Costco Wholesale Corporation
Stock Symbol: COST
Market: NASDAQ
Website: costco.com

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COST - Costco is expected to reinvest back in the business with the higher membership fee revenue

2024-07-11 13:03:22 ET More on Costco Costco: What Does A Future Without Multiple Expansion Look Like? Costco Is Still Dead Money Why Costco Excels In A Tough Environment Biggest stock movers today: DAL, COST, AA, and more Costco reports a 7.4% rise i...

COST - Costco Just Did Something It Hasn't Done in 7 Years. Here's How It Could Boost the Stock.

2024-07-11 11:23:43 ET It's been the top question from the analyst community for some time already. But on July 10, warehouse-style retail chain Costco Wholesale (NASDAQ: COST) finally made a highly anticipated announcement: Membership fees are going up, starting on Sept. 1. In ...

COST - Futures Dip Ahead of Inflation Report

Stock futures were marginally lower Thursday as traders awaited a major U.S. inflation report. Futures for the Dow Jones Industrials dropped 80 points, or 0.2%, to 39,971. Futures for the S&P 500 index lost 10.25 points, or 0.2%, at 5,677.75. Futures for the NASDAQ Composite flopp...

COST - COST Price Target Alert: $855.00. Issued by Morgan Stanley

2024-07-11 09:00:06 ET Simeon Gutman from Morgan Stanley issued a price target of $855.00 for COST on 2024-07-11 07:42:00. The adjusted price target was set to $855.00. At the time of the announcement, COST was trading at $884.31. The overall price target consensus is at...

COST - Why Costco Stock Gained 29% in the First Half of 2024

2024-07-11 08:40:36 ET Costco Wholesale (NASDAQ: COST) stock gained 29% in the first half of the year. The stock has been demonstrating incredible resilience, and sales growth is accelerating. It also issued a juicy special dividend to shareholders. And shareholders have been an...

COST - Wall Street Breakfast Podcast: Costco Hikes Membership Fees

2024-07-11 06:53:43 ET Summary Costco raises membership fees for nearly 52 million customers, effective September 1. HubSpot stock drops 12% after reports of failed acquisition talks with Alphabet. NBA reportedly sets up new media rights deals with NBC, Amazon, ESPN, but TNT m...

COST - Biggest stock movers today: COST, AA, and more

2024-07-11 04:47:38 ET More on related stocks: WD-40 Company (WDFC) Q3 2024 Earnings Call Transcript Costco: What Does A Future Without Multiple Expansion Look Like? Alcoa rises post-market after guiding Q2 earnings, revenues above consensus Costco reports a ...

COST - Costco reports a 7.4% rise in June net sales, hikes membership fees

2024-07-10 16:44:23 ET Big-box retailer Costco ( NASDAQ: COST ) on Wednesday posted a 7.4% jump in monthly net sales at $24.48B for June 2024, compared to $22.78B last year, and the company hiked its membership fee for its nearly 52 million customers, a first since 2017.... Re...

COST - Costco declares $1.16 dividend

2024-07-10 16:19:22 ET More on Costco Costco: What Does A Future Without Multiple Expansion Look Like? Costco Is Still Dead Money Why Costco Excels In A Tough Environment Costco market share gains in grocery and gas categories accelerating- analyst To...

COST - Costco Wholesale Corporation Reports June Sales Results and Announces Quarterly Cash Dividend and Plans for Membership Fee Increase

ISSAQUAH, Wash., July 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, 2024, an increase of 7.4 percent from $22.78...

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