Why Is Everyone Talking About Costco Stock?
Costco Wholesale (NASDAQ: COST) has people buzzing lately, for a few reasons. Earlier this month, investors showed their dismay after the company reported quarterly sales results, and the stock was down more than 3% for the month. While their concerns centered on decelerating sales growth in November, it is hard to argue that the month's 14.6% same-store sales (comps) increase after excluding gasoline prices and foreign exchange translations is disappointing.
With other news going on, there is a lot investors are talking about regarding Costco right now. It's time to join the conversation and figure out what all of it means.
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Source Fool.com
