Costco Earnings: 3 Numbers to Watch
Costco (NASDAQ: COST) will post its third-quarter earnings report next week, right in the heat of the holiday shopping season. We already know the world's second-largest retailer, behind Wal-Mart (NYSE: WMT), will have good news for investors about its sales growth pace. It might report healthy profit gains, too, as its recent membership price hike starts lifting the bottom line.
As usual, though, the details will determine just how strong Costco's business is looking relative to investor expectations. So let's look behind the headline sales and earnings figures that shareholders should see next week.
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Source: Fool.com
Costco Wholesale Stock
The stock is an absolute favorite of our community with 72 Buy predictions and no Sell predictions.
As a result the target price of 828 € shows a slightly positive potential of 3.89% compared to the current price of 797.0 € for Costco Wholesale.