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Costco’s Third-Quarter Margins Might Remain Soft

Adrian Stevens
Costco’s Third-Quarter Margins Might Remain Soft

Costco’s (COST) profit margins could remain subdued in the fiscal third quarter. The continued investment in price and inflation in transportation and logistics costs are expected to hurt Costco’s profitability. Costco, Walmart (WMT), and Target (TGT) are willing to take a hit on their profit margins by keeping prices low to drive shoppers to their stores and websites.