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The Latest Breaking News from Costco

Kroger's Rival Takes A Staggering $25M Loss To Sell Over 200 Grocery Items At Lowest Possible Price

Giant Eagle announced a $25 million price reduction plan to compete with rivals. Prices of many items will be slashed by up to $2.

International Business Times UK

Will Costco Stock Hit $1,000 in 2024?

While Costco stock has gained significantly in value, it needs to grow by another 13% from current levels to hit $1,000 in 2024.

Barchart

Analysts reset Costco stock price targets amid new consumer trends

Here’s what could be next for the wholesale retailer.

The Street

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Diddy’s lawyer claims he bought baby oil in bulk – Costco says it’s not possible

Diddy’s lawyer, Marc Agnifilo, attempted to explain why the rapper kept 1,000 bottles of baby oil between his homes

The Independent UK

Stock Market Today: Dow Hits New High After Upbeat Inflation Data

The Fed's preferred inflation gauge continues to cool. Markets shift focus to next week's jobs report.

Kiplinger

Stock movers: Costco, Best Buy, HP Inc.

Here are the stocks making the biggest market moves midday.

The Street

Costco Wholesale's Strong Free Cash Flow Could Push COST Stock 20% Higher

Costco Wholesale delivered mixed results yesterday, albeit with strong free cash flow and margins. Analysts' revenue forecasts could lead to a 20% higher target price for COST stock over the next year.

Barchart

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Why Costco Stock Is Still a Buy After a Q4 Revenue Miss

Costco stock is lower Friday after the membership warehouse firm reported a top-line miss in its fiscal fourth quarter, but Wall Street remains bullish.

Kiplinger

Costco Shoppers Are Getting Younger, Buying More Gold

The big box retailer says its membership is growing.

International Business Times

Dow Jones Rises After Fed Inflation Data; Costco Falls On Earnings

Stock Market Today: The Dow Jones Industrial Average rose Friday on key Fed inflation data. Costco stock dropped on earnings.

Investors Business Daily

Costco Has Debunked P Diddy’s Lawyer’s Claim That He Bulk-Bought Baby Oil For ‘Threesomes’

The supermarket chain has ripped Diddy's defence to shreds.

Pedestrian.tv

Costco Posts Major Earnings Beat, But Misses On These Metrics

Costco cleared Q4 earnings estimates late Thursday, but fell short of revenue views. Costco stock eased in late trade, but near record highs.

Investors Business Daily

Grocery stores that donate expiring food − instead of price discounting or discarding − make higher profits

All major supermarkets and retailers that sell groceries, such as Kroger, Walmart and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close to 2 billion pounds of food across the United States, which amounted to US$3.5 billion that year. The estimated value of…

The Conversation

Sean ‘Diddy’ Combs’ Lawyer Shares Bizarre Reason Disgraced Rapper Had 1000 Bottles Of Baby Oil

I was not expecting this.

Pedestrian.tv

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The Street

Analyst revisits Costco stock price target, rating ahead of earnings

Costco, one of the top-performing retail stocks this year, will report fiscal-fourth-quarter earnings after the close of trading Thursday.

Investors Business Daily

Netflix, 2 Other Stocks Display Market-Beating Strength

Netflix stock has been outperforming the S&P 500 and is near a buy point. Other outperformers include Costco and Sweetgreen.

The Guardian - US

Kroger-Albertsons merger will increase costs for shoppers, says FTC chair

Lina Khan made remark on largest-ever US grocery merger, which FTC is seeking to block, on CBS’s 60 Minutes

The Street

Fed speak, tech earnings and PCE inflation will test Wall Street this week

The S&P 500 is on pace for a solid quarterly gain heading into the final week of September.

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news in one place.

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Salon

Michelle Obama hypes new drink at Costco

The line was launched because "we know how much concern parents and pediatricians have about sugary drinks"

The Independent UK

TikTok video shows Michelle Obama touting her new ‘healthy’ soda at a California Costco

The former first lady was spotted promoting her ‘healthy’ alternative to sugary juices and sodas

International Business Times

Sam's Club Raises Hourly Wages In Effort To Keep Pace With Costco

Sam's Club upped the ante in its retail rivalry with Costco on Tuesday with a hefty pay raise for its 100,000 employees.

The Street

The best way to invest in gold, according to a seasoned trader

Expert advice on the best methods for investing in gold.

Investors Business Daily

Analysts Raise Profit Estimates For Nvidia Chipmaker, Meta And Others

Analysts see profits rising for AI and social media giant, Meta, and Taiwan Semiconductor. Meta stock and TSM are near buy points.

International Business Times

New Jersey Truck Thieves Drive Off with Massive Amount Of Costco Frozen Shrimp

The shrimp, weighing close to 25,000 pounds, was estimated to be valued at more than $300,000. Police are unsure how the thieves expected to make a profit.

Latin Times

New Jersey Truck Thieves Drive Off with Massive Amount of Costco Frozen Shrimp

The shrimp, weighing close to 25,000 pounds, was estimated to be valued at more than $300,000. Police are unsure how the thieves expected to make a profit.

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