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Stock impact report

Investor Outlook: Costco earnings show how retailers use AI to cut waste [BNN Bloomberg (Canada)]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: BNN Bloomberg
BNN Bloomberg spoke with Fiona Wilson, senior portfolio manager at Guardian Capital LP, about how companies across retail and other sectors are integrating AI tools while investors shift toward high-quality companies amid rising geopolitical uncertainty. Key Takeaways Costco reported stronger-than-expected second-quarter results, supported by growth in executive memberships, which account for about half of members but generate roughly 75 per cent of sales. The retailer uses machine-learning demand forecasting in its bakery operations to predict daily production levels, helping reduce waste and improve inventory management for perishable goods. Artificial intelligence is also being used across retail for logistics, pricing, merchandising and fraud detection, improving efficiency and customer experience. Rising geopolitical tensions and market volatility are pushing investors toward high-quality companies with strong balance sheets, stable earnings and dividend growth. Comp Show less Read more
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