|Bid||211.00 x 800|
|Ask||259.85 x 1000|
|Day's Range||214.00 - 216.15|
|52 Week Range||150.00 - 217.13|
|PE Ratio (TTM)||31.48|
|Earnings Date||Oct 4, 2018|
|Forward Dividend & Yield||2.28 (1.08%)|
|1y Target Est||217.13|
Finally - Costco customers around the country are freaking out with the news that a popular item in their food court will soon be a thing of the past. As first reported by the Seattle Times, The wholesale giant will be retiring the Polish hot dog from their food court menus across the country and replacing it with healthier options. Many people took to twitter to express their outrage over the change. But don't fret sausage lovers - You'll still be able to get a regular dog in the food court but in addition to that, organic burgers, vegan options, and acai bowls.
As of July 13, Walmart (WMT) stock was trading at a forward PE ratio of 18.0x, 8.6% higher than its four-year multiple of 16.6x, and higher than Target’s (TGT) 14.5x and the benchmark index. Meanwhile, its multiple was lower than Costco’s (COST) 28.9x.
Walmart (WMT) stock underperformed both Target (TGT) and Costco (COST) in the first half of 2018, mostly due to its e-commerce sales growth slowing down sequentially during the fourth quarter of fiscal 2018, to 23.0%.
On July 12, Costco Wholesale (COST) reported its June sales results. The company reported an 11.7% rise in net sales to $13.5 billion in June compared to its net sales of $12.13 billion in the same period last year.
Costco announced recently that it would no longer be selling these Polish hot dogs in its stores anymore, which inspired Sam’s Club to add Polish hot dogs to its locations as a way of expanding its retail user base as the company offers many of the same items that Costco sells in addition to the dogs. Sam’s Club made the news public through a tweet, informing consumers that they can start getting Polish hot dogs at its locations starting on July 23.
Investors need to pay close attention to Costco Wholesale (COST) stock based on the movements in the options market lately.
Target (TGT) stock has risen 17.2% on a YTD (year-to-date) basis as of July 12 thanks to the company’s growth initiatives that are gaining traction. Despite the healthy increase on a YTD basis, Target’s current valuation multiple is lower than its historical average. As of July 12, Target’s stock was trading at a forward PE (price-to-earnings) multiple of 14.3x, which is about 5% lower than its four-year historical average multiple of 15.0x.
Amazon is quickly leaving behind every other retailer hoping for a future in e-commerce. New research out Friday from eMarketer, a research firm specializing in data in the digital marketplace, shows Amazon with a staggering — and likely insurmountable — lead over every other major retailer trying to compete online. The research predicts Amazon (NASDAQ: AMZN) will capture a whopping 49.1 percent of all e-commerce sales in 2018. Apple (NASDAQ: AAPL) is in third place with just 3.9 percent, followed by Walmart (NYSE: WMT) at 3.7 percent. The bottom six retailers in the top 10 in online sales — Home Depot (NYSE: HD), Best Buy (NYSE: BBY), QVC Group, Macy’s (NYSE: M), Costco (NASDAQ: COST) and Wayfair (NYSE: W) — all are predicted to capture between 1.1 and 1.5 percent of total online sales this year.
Talk that tariffs on imports from China may hurt consumers isn't translating into the stock prices of retailers, such as Costco, Home Depot and Best Buy, according to TheStreet's founder and Action Alerts ...
Will Costco’s Solid Comparable Store Sales Help Its Stock? Most of the analysts providing recommendations on Costco (COST) maintained a “buy” rating on the stock. Costco has impressed with its sales and earnings performance despite facing intense competition.
Will Costco’s Solid Comparable Store Sales Help Its Stock? Costco (COST) has impressed with its solid top-line performance for quite some time. The company reported stellar comps or comparable store sales in June.
Shares of Costco Wholesale (COST) have reversed earlier losses and are now trading up on Thursday morning, following its June sales report. The discount retailer said that same-store sales rose 9.7%, down from 11.7% in the previous month. Although e-commerce trends declined, he writes that online sales are still benefiting from Costco's "efforts around selection, value, awareness, and experience." He writes that the June report is the latest month of strong results from Costco "indicating the company’s value proposition is winning with consumers." That said, and despite his optimism about the stock, he warns that "earnings for retailers including Costco may be constrained near-term given the need for reinvestment to effectively compete.
While major chains are grappling with sluggish store and mall traffic, Costco (COST) seems somewhat resilient to the challenging retail backdrop.
ISSAQUAH, Wash., July 11, 2018-- Costco Wholesale Corporation today reported net sales of $13.55 billion for the retail month of June, the five weeks ended July 8, 2018, an increase of 11.7 percent from ...
As Prime Day approaches, the focus turns to the most high-profile acquisition by Amazon (NASDAQ:AMZN): Whole Foods. This coming Prime Day (and one-half) is set for July 16 at 12 p.m. Pacific time through July 17. This will mark the first Prime Day since the acquisition of the organic grocery chain. Hence, the question revolves around the effects on Whole Foods.
Costco COST is at all-time highs, Target TGT is within reach of its best levels of the year, but Walmart WMT has been left in the dust. The original big-box retailer sits in a bear market after punishing sell-offs this year. The problem, he says, is the amount of cash Walmart has splashed to compete against more entrenched e-commerce players such as Amazon.