By buying Omega watches from an overseas distributor, Costco has been able to sell them at well below the suggested retail price. Can Swatch use its copyright to stop Costco? The U.S. Supreme Court’s decision could have broad i…
Retail stocks tend to rise ahead of other sectors in the early stages of an economic recovery, and so far, following a familiar pattern, both up-market and discount chains have benefited at the expense of middle-market players. So is it time to buy stock in wholesale clubs?
Continue reading Face-Off on Stocks: Costco, BJ’s, Wal-Mart
Face-Off on Stocks: Costco, BJ’s, Wal-Mart originally appeared on DailyFinance on Tue, 12 Oct 2010 08:27:00.
Filed Under: Investing, Wal-Mart Stores, Costco, Stock Picks, Retail, Video, Market News, Special Report
Costco Wholesale Corp (COST) reported earnings of 97 cents per diluted share for the quarter ended Aug. 29, compared with 85 cents per diluted share a year earlier.
Net sales rose to $23.59 billion, from $21.89 billion a year earlier, the company said in a statement. Comparable sales rose 6% from a year earlier, driven by strong international growth.
Earnings for the full year were…
Continue reading Costco Earnings Rise on Overseas Strength
Costco Earnings Rise on Overseas Strength originally appeared on DailyFinance on Wed, 06 Oct 2010 06:29:00.
Filed Under: Company News, Economy, Earnings, Costco, Retail