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Wednesday, March 2, 2016

=Costco Wholesale (COST) reported earnings on Wed 2 March 2016 (a/h)





Costco misses by $0.04, misses on revs; reports Feb same store sales 0.0% vs 0.0% Retail Metrics consensus :
  • Reports Q2 (Feb) earnings of $1.24 per share, $0.04 worse than the Capital IQ Consensus of $1.28; revenues rose 2.6% year/year to $28.17 bln vs the $28.52 bln Capital IQ Consensus.
  • Comps
    • Feb: Co reports Feb same store sales 0.0% vs 0.0% Retail Metrics consensus
    • Q2: Co reports same store sales +1.0%
  • Net sales for the quarter increased three percent, to $27.57 billion from $26.87 billion last year

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