Retails stocks showed mixed outcome following the sales in November
Submitted by Upneet Sandhu on Fri, 12/03/2010 - 16:05J. C. Penney Co. Inc., Target Corp, Costco Wholesale Corp and Kohl's Corp. were the four retailers that reported better than expected sales in the month of November, on Thursday.
The shares of J. C Penny gained two percent or sixty nine cents to figure thirty four dollars and forty cents as seen at the midday trading. It emerged out to be a winner.
Gasoline Price Inflation plus Strong Foreign Currency; Costco Booms
Submitted by Jatinder Kumar on Thu, 06/03/2010 - 19:57According to Thomson Reuter's data, analysts had anticipated the largest U. S. Warehouse Club Operator to post sales of 9.7%.
Costco Reports Higher Sales by 5 % in October
Submitted by Dominic Haber on Fri, 11/06/2009 - 01:07On Thursday, the Washington based largest membership warehouse club, Costco Wholesale Corp. reported a 5 percent rise in comparable store sales figure for October, and consequently a rise has been reported for the year on year sales by 7% to $5.68 billion from $5.3 billion in the year-earlier month.
Decline in Costco's Profit by 6%
Submitted by Harkamal Singh on Wed, 10/07/2009 - 20:33The strength of the dollar led to weak sales, higher employee benefit costs and lower foreign earnings, which adversely affected the Costco Wholesale Corp.'s fiscal fourth-quarter earnings as it declined 6%.
Costco Wholesale Corp’s Q3 earnings plunge 29 percent
Submitted by Dominic Haber on Fri, 05/29/2009 - 02:01The fiscal third-quarter earnings of the warehouse and discount retailer Costco Wholesale Corp plunged 29 percent, chiefly because of lower revenue, a $34 million litigation payment, and increased staff-benefit costs.











