|Bid||229.16 x 800|
|Ask||229.20 x 1000|
|Day's Range||227.70 - 230.10|
|52 Week Range||150.06 - 230.10|
|PE Ratio (TTM)||33.56|
|Earnings Date||Oct 4, 2018|
|Forward Dividend & Yield||2.28 (1.01%)|
|1y Target Est||227.23|
Next time you drop by Costco for some groceries or a (non-Polish) hotdog, you'll be able to check out using your iPhone or your Apple Watch. The membership-only wholesale retailer is done installing contactless payment terminals in the US, and in a statement sent to MacRumors, the company said all its 750 warehouses across the country can now accept Apple Pay, as well as Google Wallet and Samsung Pay. An Apple representative has also confirmed to Engadget that you can now check out at Costco stores using Cupertino's mobile payment service.
Apple has landed a big new partner for Apple Pay in the U.S. after Costco began accepting the mobile payment service across 750 stores. The rollout -- first reported by MacRumors -- follows limited trials at selected Costco outlets, including a warehouse near its corporate headquarters in Washington. This new partnership comes hot on the heels of Apple's landing similar deals with CVS and 7-Eleven.
Shares of Costco Wholesale (COST) have hit an all-time intraday high Tuesday, helped by a vote of confidence from Oppenheimer. Where we were: While retail has outperformed the broader market in 2018, Costco has pulled even farther ahead. Where we're headed: Oppenheimer sees more gains ahead, arguing that it's the best-positioned retailer in the food and discount landscape.
Apple (AAPL) has been aggressively expanding its mobile payment service, Apple Pay, for the last few years. Apple Pay is now available in the US and 30 international markets. The tech giant has recently landed a massive partner for Apple Pay in the United States. Retail giant Costco (COST) has started accepting Apple Pay across 750 stores.
U.S. stock futures posted modest gains on Tuesday, Aug. 21, but the dollar extended its fall after Donald Trump criticized the Federal Reserve for raising interest rates. The dollar index, which measures the greenback against a basket of currencies, was down 0.19% to 95.54 after Trump told Reuters in an interview that he was "not thrilled" with the Federal Reserve under Chairman Jerome Powell, Trump's appointee, for raising interest rates and said the Fed should do more to help him to boost the economy.
Several analysts raised their target prices on Walmart (WMT) stock following one of the best quarterly performances in decades. Analysts made the following upward revisions to their target prices: Credit Suisse: increased to $103 from $85 Jefferies: increased to $112 from $106 Gordon Haskett: increased to $99 from $92 KeyBanc: increased to $107 from $105 Telsey Advisory Group: increased to $107 from $105 Morgan Stanley: increased to $98 from $93 Cowen: increased to $115 from $105 RBC: increased to $102 from $90 Raymond James: increased to $107 from $100
Costco Wholesale Corporation (“Costco” or the “Company”) (COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of 57 cents per share. The quarterly dividend is payable September 14, 2018, to shareholders of record at the close of business on August 31, 2018. Costco currently operates 758 warehouses, including 527 in the United States and Puerto Rico, 99 in Canada, 38 in Mexico, 28 in the United Kingdom, 26 in Japan, 14 in Korea, 13 in Taiwan, nine in Australia, two in Spain, one in Iceland, and one in France.
Let's check our charts again today. In this updated daily bar chart of COST, below, we can see that COST is still above the rising 50-day and 200-day moving averages. The daily On-Balance-Volume (OBV) line has been stalled recently and suggests a balance between buyers and sellers.
American shoppers are going gray. Chalk it up to aging baby boomers born between 1946 and 1964. There are roughly 74 million of them alive today, still outpacing millennials, with the first wave of boomers already entering retirement. And boomers like to shop. In particular, they like to shop at Costco. More older shoppers prefer the warehouse club over popular retailers such as Walmart and Target, and boomers are more likely than millennials to renew their Costco memberships. So it makes perfect sense that Costco caters to retirees and near-retirees, despite the stereotype that it only sells bulk items that are too much for an empty nest. As a boomer and regular Costco shopper, I already knew this from personal experience, but recent research trips to my local warehouse clubs revealed even more deals aimed at the mature market that I hadn't noticed before. Here are a dozen things I found that uniquely appeal to retirees. Check them out. See Also: Best Kirkland Products You Should Buy at Costco
Is Wall Street Underestimating Walmart despite Robust Q2? Walmart (WMT) reported net sales of $128 billion in its fiscal second quarter of 2019. Improved performance across all business segments, especially in its US business, drove the company’s top-line growth in the reported quarter.