Costco Wholesale

Costco stock set for worst one-day decline in 10 years after sales miss, but analysts are unfazed

Costco Wholesale Corp. shares fell Friday and were the second-biggest S&P 500 decliner, after the company reported weaker-than-expected sales for its fiscal first quarter.

The stock COST, was last down 8.5%, putting it on track for its worst one-day percentage decline since October 2008, according to FactSet data.

The Issaquah, Wash.-based company said late Thursday it had net income of $767 million, or $1.73 a share, in the quarter to Nov. 25, up from $640 million, or $1.45 a share, in the year-earlier quarter. Sales rose 10.3% to $34.31 billion. The FactSet-compiled broker consensus was for EPS of $1.65 and revenue of $35.078 billion.

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https://www.marketwatch.com/story/costco...yptr=yahoo

Costco December sales rose to $15.42 billion

Costco Wholesale Corp. COST, said late Wednesday that December retail sales rose 7.8% to $15.42 billion. For the 18 weeks ending on Jan. 6, Costco said sales rose 9.5% to $52.99 billion.

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https://www.marketwatch.com/story/costco...2019-01-09

Costco Stock Might Be a Good Buy After 2018’s Pullback

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The company’s renewal rate is over 90%, rising slightly over the past year even after the company raised its membership fee in the middle of 2017. Income from the fee accounts for just over 2% of Costco ’s revenue, but it’s growing at a strong clip, up 9.5% year over year in the first quarter.

And yet the stock has been in a mini-slump since September, falling 14% from its 52-week high of $245.16 to a recent $209.60. Shares trade at 26 times the company’s expected earnings, about in line with historical trends. Bullish analysts like Cowen’s Oliver Chen see the stock rising near its prior high, returning more than 15% including a small dividend payout.

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https://www.barrons.com/articles/costco-...1547726783

Costco Smashes Q2 Earnings Estimate, Falls Light on Revenue

Costco Wholesale posted much stronger-than-expected second quarter earnings Thursday but missed Street revenue estimates even as same-store sales over the holiday period were solid.

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Costco said earnings for the three months ending on February 17 came in at $2.01 per share, up nearly 27% from the same period and well ahead of the Street consensus forecast of$1.69 per share. Total group revenues, Costco said, rose 7.3% to $35.4 billion but missed analysts' estimates of $35.65 billion. Costco also reported February sales of $10.72 billion, up 5% from last year, or 4.6% on a like-for-like basis, the company said.

Same stores sales for the quarter, excluding fuel and foreign exchange moves, rose 6.7%, Costco said, firmly ahead of the 5.7% consensus estimate. Comparable sales in the US jumped 7.2%, again topping the 6.7% estimate.

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https://www.thestreet.com/investing/earn...yptr=yahoo



https://www.thestreet.com/investing/earn...yptr=yahoo

Costco, der US-Handelskonzern, sehr oft im Schatten der grossen Tech- & Pharma-Giganten im S&P 500.
Und trotzdem hat der Langweiler Costco seinen Aktionären (und deshalb auch mir ) dieses Jahr schon +6.6% Kursplus gebbracht, über die letzten 12 Monate +25% (ggüber +14% S&P 500) und über 3 Jahren +77% (vs +40% S&P 500 Index).

Gewiss doch, die Aktie ist teuer, DivRendite vernachlässigbar.
Im Mai stieg der Verkauf um fast 10% - angesichts der Restriktionen um die Covid-19 ein vielverspr. Wert. Die Erwartungen am Markt wurden denn auch klar geschlagen.

Costco gibt Kunden  nur bei einer Zahlung von $60 Zugang zu ihrem güsntigen und weitreichenden Porduktsortiment. Dieser stetige Cashflow ist auch die wichtigest Gewinnstütze. Ohne das Abo wäre der Gewinn auf Stufe Ebit 70% niedriger.
2019 haben fast 100 Mio Kunden diese Gebühr gezahlt. Und die Kunden scheinen mit dem Angebot zufrieden: 2019 haben 90% der Kunden ihr Abo verlängert....
Langfristig könnte Online ein Schlüsselweg sein, um neue Mitglieder zu gewinnen, die am Rande der tradit. Einzugsgebieten von Costco-Läden leben.

Ich weiss zwar nicht ob der gute Warren Buffet ab und an hier im Board reinschaut resp. ihm einige Threads übersetzt werden  - aber wenn ja -  dann wäre Costco ein idealer Kaufkandidat für das Warren Buffet Portfolio (Berkshire H.):

natürlich kennt Warren den US-Retailer Costco schon seit langem (ca 20 jahren), denn er hält ja schon 1% via Berkshire, Wert rund $1.3 Mrd.

Und Warren's Geschäftspartner (und fast bessere Hälfte), Charlie Munger, sitzt ja schon im Board von Costco.

Von der Bewertung her würde Buffet sicher die Nase rümpfen, sich im grossen Stil bei Costco einzukaufen.
Der Markt bewertet Costco mit $137 Mrd - aber exakt in etwa die Cash-Quote die Warren Buffet's Berkshire Hathaway in etwa rumliegen hat....

Doch es wäre nicht das erste Mal, wo Buffet & Co. ihre Beteiligungen in einer Aquisition sprich Uebernhame folgen würden (Precision Castparts, BNSF, Geico)

Doch er könnte auch simpel seine Beteiligung erhöhen, von 1% auf z.B. 25%,  in ein stabiles Unternehmen,mit stabilen Cash-Flows, das quartalsweise rund 70 Cents an Dividenden zahlt.
Wie auch immer, ob Takeover Kandidat oder "nur" Stock pick, bei Costco wurde das letzte Wort noch nicht gesprochen....

@FIASCO

Kann es sein, dass Du unbewußt die letzten zwei, drei Tage hier und da was aufgeschnappt hattest 

https://www.bloombergquint.com/gadfly/wa...oronavirus

https://business.financialpost.com/inves...purchase-2

https://seekingalpha.com/news/3580833-co...quote_news

Costco (COST) Q2 Earnings Lag Estimates

Zacks Equity Research
Thu, March 4, 2021, 11:45 PM·3 min read

Costco (COST) came out with quarterly earnings of $2.14 per share, missing the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -11.57%. A quarter ago, it was expected that this warehouse club operator would post earnings of $2.04 per share when it actually produced earnings of $2.29, delivering a surprise of 12.25%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Costco, which belongs to the Zacks Retail - Discount Stores industry, posted revenues of $44.77 billion for the quarter ended February 2021, surpassing the Zacks Consensus Estimate by 0.60%. This compares to year-ago revenues of $39.07 billion.


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https://finance.yahoo.com/news/costco-co...10072.html

Meet Yahoo Finance's 2022 Company of the Year: Costco
Brian Sozzi·Anchor, Editor-at-Large
Mon, December 5, 2022 at 6:01 AM

In a year of rampant inflation—not seen since the early 1980s—Costco (COST) was a warm hug to millions of loyal members by keeping prices for everything from food to gasoline as low as possible, just as rivals were aggressively jacking up prices.

It also provided a warm hug to its fans on Wall Street, producing stellar results from sizable same-store sales increases to its stock price, which got the best of the S&P 500 (^GSPC) index. Not to mention its sales of $222.7 billion in the fiscal year ended October, up a whopping 16 percent.

For that and more—including Costco's continued status as one of the nation's best employers—we named the Issaquah, Washington–based warehouse behemoth our 2022 Company of the Year.

If there were one company that could say rising prices weren't a negative, it was Costco. The Great Inflationary Outbreak of 2022 placed Costco's 842 worldwide stores squarely under the spotlight, offering up yet another opportunity for the 39-year-old retailer to showcase, to investors and members, its low-price leadership chops.............

https://finance.yahoo.com/news/meet-yaho...35263.html

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