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0 -0.00163855421686744 -0.00240963855421687 -0.00240963855421687 -0.00401606425702811 -0.00401606425702811 0.00511325301204818 0.00225831325301205
Stock impact report

Costco madness seen normalizing in April [Seeking Alpha]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
Consumer|On the MoveCostco madness seen normalizing in AprilApr. 15, 2020 7:55 AM ETCostco Wholesale Corporation (COST)Clark SchultzJPMorgan lowers estimates on Costco (NASDAQ:"We are also assuming a 30-bp headwind in core merchandise margin in 3Q given the trend since early March favoring grocery vs. discretionary with ~10 bps of incremental pressure for higher employee benefit/pay, enhanced store cleaning, etc.," writes Christopher Horvers.JP's FQ3 EPS forecast on Costco goes to $1.75 vs. $2.10 consensus. That consensus mark is likely to be heading lower as more analysts reset expectations.The firm keeps an Overweight rating on Costco.Shares of Costco aredown 1.31%See all stocks on the move »Now read:Costco: Get Ready For Another Double-Digit Dividend Hike » Show less Read more
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