How Costco Wholesale Hopes to Finish Its Year Strong
The retail industry has gone through a lot of difficulties recently, and even stalwarts such as Costco Wholesale (NASDAQ: COST) have felt the impact. As a larger number of shoppers turn to e-commerce for convenience and breadth of available products, Costco and its big-box peers have had to respond by looking for ways to appeal to customers' most important demands. Competition is also ramping up, especially as online giant Amazon.com (NASDAQ: AMZN) has made a key foray into the brick-and-mortar world with its purchase of organic- and natural-foods specialist Whole Foods Market.
Costco is likely to release its fiscal fourth-quarter financial report within the next few weeks, and investors want to see signs that it's being strategically smart in its reaction to the Amazon deal while also remaining focused on its own core business prospects. With that in mind, it makes sense to take an early look at Costco and what we can anticipate down the road from the warehouse retailer.
Expected EPS Growth
Source: Fool.com
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