Seeking Alpha

Costco FQ2 earnings miss forecasts

  • Costco's (COST) FQ2 EPS of $1.05 misses by $0.12.
  • Revenues of $26.31B (+5.8% Y/Y) miss by $340M. (PR)
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Comments (3)
  • psychological-dividends
    , contributor
    Comments (792) | Send Message
     
    Top line and bottom line miss. It's hard to be in retail.
    6 Mar, 03:49 AM Reply Like
  • chopchop0
    , contributor
    Comments (3547) | Send Message
     
    Yup. I stick to WMT. it's my hedge stock for both directions in the economy. If things hit the crapper, it will do well. If they don't, well, they'll still do OK.
    6 Mar, 09:07 AM Reply Like
  • 6869451
    , contributor
    Comments (52) | Send Message
     
    Releasing quarterly report at 03:45am ET.... new strategy to dampen the blow? :-/
    Hoping to be long COST once the price comes down.
    6 Mar, 03:53 AM Reply Like
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