|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||71.09 - 72.14|
|52 Week Range||48.56 - 78.70|
|PE Ratio (TTM)||13.48|
|Earnings Date||May 23, 2018|
|Forward Dividend & Yield||2.48 (3.45%)|
|1y Target Est||76.12|
Of the 29 analysts covering Costco (COST), most have recommended “buy.” Costco has continued to report stellar sales growth despite growing competition from Amazon (AMZN) and other discount chains and mass merchandisers. Costco’s comparable-store-sales growth rate is higher than Walmart’s (WMT) and Target’s (TGT). Analysts expect Costco’s top line to continue to grow, driven by value pricing and high membership renewal rates.
Costco (COST) recently announced a 14.0% increase in its quarterly dividend, to $0.57 from $0.50, resulting in an annualized dividend of $2.28. As shown in the graph below, Costco has been increasing its dividend at a healthy rate over the past several years. Wells Fargo analyst Edward Kell recently upgraded Costco to “outperform,” stating that the company could boost shareholder returns in 2018 through special dividends. Last year, Costco paid a special dividend of $7.
SUPERVALU Inc. (NYSE:SVU) missed earnings and revenue estimates by substantial margins. The retailer has seen its stock suffer amid tougher competition and evolving food trends. Although the stock price rose the morning after the report, SVU finds itself in a long-term downtrend that shows no signs of turning soon.SVU Missed Estimates by a Wide Margin
According to The Economic Times, Walmart (WMT) is eyeing an ~86% stake in India’s leading e-commerce company, Flipkart. The report added that it’s likely only a matter of time before a deal between the two is announced. However, citing sources familiar with the matter, the report stated that Walmart could end up acquiring about 51% of Flipkart.
Target currently has local charging stations at its headquarter buildings in Minneapolis and Brooklyn Park.
E-commerce in India is about to change forever. Global retail giant Walmart Inc (NYSE:WMT) is reportedly only weeks away from acquiring up to 80% of India’s leading e-commerce platform, Flipkart, for $12 billion, according to Bloomberg. Not only will e-commerce in India now be under majority ownership of U.S. companies (the second leading e-commerce platform in India is Amazon.com, Inc. (NASDAQ:AMZN), but Flipkart could also give WMT the shot in the arm it so desperately needs.
As far as I know, the Financial Times has never been run by a transcendental meditation devotee. Nor does it seem to have any managers who think the best way to fix an office squabble is to get everyone ...
Minneapolis-based Target announced Friday that it nixed the boots, which would have been priced $40 compared to Hunter's typical $150 price tag, due to production issues.
The retailer installed over 40 megawatts of solar power equipment last year, more than the annual output of many states.
PayPal Holdings Inc (NASDAQ: PYPL) is at the right place at the right time. There are two powerful trends underway that PYPL is in the middle of. First, PayPal is a significant player in the transition to a cashless society.
Wall Street investment bank KeyBanc Capital Markets recently upgraded its rating on eBay (EBAY) stock to “overweight” from “sector-weight.” KeyBanc sees eBay stock closing the year at $50 per share. In a research note cited by MarketWatch, analyst Ed Yruma of KeyBanc shared details on why the firm is bullish on eBay.
American businesses are investing record amounts in solar, according to a new report from the Solar Energy Industries Association.
Although Amazon’s (AMZN) decision to open a physical bookstore in the Georgetown neighborhood may have been motivated by Washington’s underserved book market, a physical presence in Georgetown could bring more benefits to the company. Georgetown is one of the wealthiest neighborhoods in Washington, D.C., and that could mean that a good number of residents there already subscribe to the Amazon Prime program. Perhaps planting a bookstore in Georgetown could help Amazon attract more Georgetown households to Prime or capture more spending from existing Prime customers in the neighborhood.
MINNEAPOLIS, April 19, 2018 /PRNewswire/ -- Target Corp. (TGT) announced today it will begin same-day delivery of more than 55,000 groceries, essentials, home, electronics, toys and other products across Colorado. Beginning May 3, Shipt will deliver from Target stores in the Boulder, Colorado Springs, Denver and Fort Collins metro areas. Cumulatively, the new partnership gives nearly 4 million households across Colorado access to Target products delivered by Shipt in as little as one hour.
Netflix, Inc. (NASDAQ:NFLX) kicked earnings season off with a bang! The company reported yet another beat-and-raise quarter. The streaming giant topped expectations on every key metric, and NFLX stock rose to new all-time highs as a result. The murmur on the Street for the past several weeks has been that earnings season is going to save this struggling market.
The coffee giant has plans for a stretch of Southeast Powell that's bustling with development.
Over 100 million people have signed up for Prime worldwide. Yahoo Finance’s Alexis Christoforous, Andy Serwer, and Julia La Roche discuss whether or not this makes Amazon a monopoly.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.