文章核心观点 - 即使Costco规模和实力很大,但也可能受到劳资纠纷恶化的经济打击 [1] - 即将到来的东海岸和墨西哥湾港口码头工人罢工可能会对供应链造成直接影响,零售业尤其受影响,Costco也不例外 [2][3] 公司应对措施 - Costco公司管理层表示已采取多项措施来应对可能发生的罢工,包括提前运送可能在节假日季节销售火爆的商品 [3] - 但即使采取了一些应对措施,如果罢工持续一段时间,所有零售商都将不可避免地受到一定程度的业务中断 [3] 行业影响 - 零售行业直接受到影响,需要保持货架供应和仓储充足 [2] - 作为大型综合零售商,Costco尤其受到影响 [2] - 不仅Costco股东,还有许多企业乃至消费者都在关注并希望劳资纠纷能够尽快解决 [3]

文章核心观点 - Costco Wholesale (COST)股价已经大涨超过600%,但目前股价估值较高,市盈率达到56倍,约为标准普尔500指数的两倍 [1][2] - 一些顶级对冲基金已经在第二季度抛售了Costco的股票,认为其估值已经过高 [1][2] - 如果想要退出Costco,可以考虑投资Home Depot和Target这两家零售股 [2] Home Depot - Home Depot是美国最大的家居改造零售商 [3] - 尽管Costco股价持续攀升,但Home Depot股价仍低于2021年的历史高点 [3] - 随着美联储开始降息,将有利于刺激房地产市场,提振家居改造需求,有利于Home Depot业务 [3][4] - Home Depot今年收购了建材分销商SRS Distribution,有助于进一步向下游客户延伸,扩大市场规模 [4] - Home Depot股价目前市盈率为27倍,虽然看起来较高,但随着房地产市场复苏,其盈利有望反弹 [4] Target - Target作为主要的可选消费品零售商,受到消费放缓和内部问题(如盗窃)的影响 [5] - 但随着通胀得到控制,以及利率下降,有利于刺激消费支出,Target业务有望好转 [5] - Target最近的挑战也为其业绩反弹奠定了基础,二季度毛利率从27%提升至28.9% [5] - 毛利率的改善带动了利润的大幅增长,营业利润率从4.8%提升至6.4% [5] - 如果Target能持续提升毛利率,未来利润有望大幅增长 [5] - 与Costco类似,Target也在持续开店扩张,并拥有多品类业务模式、店铺配送等优势 [6] - Target目前股价市盈率为16倍,相比高估值的Costco更具吸引力 [6]

文章核心观点 - Costco公司发布了季度财报,营收略有下滑但利润超预期 [1] - Costco股价下跌主要是由于股价估值较高,但公司业绩仍然出色 [2] - 包括Costco在内,已有14家标普500指数成分股公司发布了第三季度财报,整体业绩良好 [3] 公司业绩总结 - Costco第四季度收益同比增长6.1%,收入增长1% [1] - Costco在美国和加拿大的同店销售分别增长5.3%和5.5% [1] - Costco在奢侈品类如珠宝、家具、轮胎等领域实现了两位数增长,电商业务同比增长19.5% [1] - Costco股价估值较高,目前为50.8倍预期12个月盈利,但仍有一定溢价空间 [2] 行业整体表现 - 包括Costco在内的14家标普500成分股公司第三季度整体业绩良好,收益同比增长26.8%,收入增长3.4% [3] - 有71.4%的公司超出了利润预期,78.6%的公司超出了收入预期 [3] - 第三季度标普500指数整体预计收益同比增长3.34%,收入增长4.5% [7] - 第三季度业绩预期已出现下调,尤其是运输、能源、商业服务和航空航天等行业 [8] 重点行业表现 - 科技行业第三季度预计收益同比增长11.6%,收入增长10.7% [13][14] - 科技行业占标普500指数的39.4%,是最大的收益贡献行业 [14][15] - 科技行业未来几年收益增长预期较高,2025年和2026年分别增长16.4%和17.9% [12] - 剔除科技行业,标普500其他行业第三季度收益预计仅增长2.6% [12]

Costco Wholesale Corporation (COST) posted its fourth-quarter fiscal 2024 results, with earnings surpassing the Zacks Consensus Estimate but revenues falling short of the same. Both the metrics showed year-over-year growth. Comparable sales also increased, though the pace of growth moderated compared to the preceding quarter. This can be attributed to the cautious consumer spending environment and lower gasoline prices.Costco’s Quarterly Performance: Key Metrics and InsightsCostco reported adjusted earnings ...

An apparent tailwind hit yesterday's value stocks, a new development seen in the declining shares of Costco Wholesale Co. NASDAQ: COST after the company released its latest set of quarterly earnings this week. Costco stock is now down over 2% after the report, a bearish sentiment that comes despite the Federal Reserve (the Fed) recently cutting interest rates by the most since the 2008 financial crisis.However, some investors argue these rate cuts might have been priced into stocks like Costco and Walmart I ...

Costco is already reaping the benefits after recently introducing membership card scanners at the front of warehouses in its U.S. stores, and the move is being well-received by customers, the wholesale club said Friday. During the retailer's fourth quarter earnings call, Costco CEO Ron Vachris noted that the company has used card readers at the front of its stores in Europe for more than two years now and has been piloting the system in the U.S. for roughly six months. Ticker Security Last Change Change % C ...

The retail giant's quarterly results came up a bit short on the top line.Shares of Costco Wholesale (COST -1.99%) were heading lower Friday after its fiscal fourth-quarter revenue came in slightly below estimates.Ahead of Thursday afternoon's report, the warehouse retailer was trading at a lofty valuation, so a pullback on its slight miss wasn't a surprise.As of 10:51 a.m. ET Friday, the stock was down 1.5% after having fallen by as much as 3% earlier in the session. Costco is solid, but it trades at a pre ...

We last wrote about Costco Wholesale (NASDAQ: COST ) (NEOE: COST:CA ) in April of 2024 with a sell rating . It is not that we dislike the company, we even had a buy rating in late 2022 when the forecast PE wasWe use Cash Flow Returns On Investment based DCF valuation tools provided by our affiliate company, ROCGA Research.With over 20 years of experience in investment analysis, we are actively seeking out undervalued and quality companies.ROCGA Research is an online platform that provides an objective and s ...

Costco shares are down slightly in premarket trading after disappointing same store sales numbers. ... [+] (Photo by Joe Raedle/Getty Images)Getty ImagesKey Takeaways S&P 500 Hits Its 42nd High, Signaling Broad Market Strength With 80% Stocks Above Moving Averages China's Stimulus Boosts Stocks, But Concerns Linger About Long-Term Effectiveness Of Government Intervention PCE Data Suggests Controlled Inflation, Possibly Giving The Fed Room For Future Interest Rate CutsStocks closed higher on Thursday as the ...

Costco (NASDAQ: COST ) shares keep moving up, now targeting $1,000. Whether or not Costco reaches $1,000 by the end of the year doesn't bother me. This is because I know it eventually will and because I have very little reason to believe II focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that pr ...