Costco lower as margins feel pressure

|About: Costco Wholesale Corporation (COST)|By:, SA News Editor

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