- Shares of Costco (COST) fade slightly in early trading after the company misses the profit estimates of analysts by a wide margin.
- Compared to Costco's recent track record, comp sales were light and the retailer's lid on expenses became unhinged a bit.
- Retail analysts think the promotional fervor in the sector was a factor for Costco, but also warn that margins could be tough to recapture in some key categories.
- COST -0.5% premarket
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