headwinds against the use of office supplies generally and also with non-traditional office-supply retailers--the likes of Costco and Amazon and Walmart--continuing to take strides to enter the space, Staples is just not going to be able to defend their
Costco COST reported second-quarter results that were ..... at the results leaves us confident that Costco 's bargaining power, highly efficient ..... other retailers, again suggesting that Costco remains in a good position to leverage its
(Reuters) - Warehouse retailer Costco Wholesale Corp reported a bigger-than-expected 15 percent fall in quarterly profit as unusually deep discounting in the holiday shopping season hurt margins, sending its shares down as much as 3.6 percent.
March 6 (Reuters) - Warehouse retailer Costco Wholesale Corp reported a bigger-than-expected 15 percent fall in quarterly profit as unusually deep discounting in the holiday shopping season hurt margins, sending its shares down as much as 3.6 percent.
Asian markets close higher, with the Nikkei closing at a five-week high on the back of a weakening yen. Staples -12% and Costco -3% on disappointing earnings. The government's jobs report for February will be published tomorrow, but the weather
this morning with a string of companies (Fred's, Stein Mart, Buckle) showing negative same-store sales for February and Costco showing some uncharacteristic weakness. The week has also seen RadioShack and Staples decide to close stores en masse and strong
(Corrects paragraph 4 to say quarterly revenue missed estimates, not beat)
Shares of Costco ( COST ) fade slightly in early trading after ..... analysts by a wide margin. Compared to Costco 's recent track record, comp sales ..... fervor in the sector was a factor for Costco , but also warn that margins could be
Street Breakfast Editors submit: Top Stories Costco 's results undershoot as profit falls. Costco 's ( COST ) FQ2 earnings missed expectations ..... revenue increased 5.8% to $26.31B. Costco operates 649 warehouses and plans to open
Costco ( COST ) net profit fell to $463M from $547M ..... year comparison was unfavorable," says Costco . Other factors that led to lower earnings ..... majority of earnings underperformance," Costco said. Comparable sales +3%, U.S