Analyst reaction to Costco's (COST) FQ1 is favorable after the retailer's "clean revenue-driven...


Analyst reaction to Costco's (COST) FQ1 is favorable after the retailer's "clean revenue-driven beat" overshadows a gross margin rate which came in slightly below expectations. On the macro front, comments from execs on the firm's conference call (webcast) will be closely watched to get a street level view of consumer sentiment. COST +0.5% premarket.

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