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Costco Earnings May Disappoint, but There’s a Special Catalyst That Could Lift the Stock
Barrons.com8d agoneutral
Costco Earnings May Disappoint, but There’s a Special Catalyst That Could Lift the Stock

Earnings from Costco Wholesale next week could fall short of Wall Street forecasts, but an upcoming announcement from the retailer could be an enticement t0 investors. BofA Securities projected adjusted earnings of $6.52 a share from Costco in its fiscal fourth quarte, below consensus estimates of $6.55, analyst Christopher Nardone wrote in a note Wednesday. Costco last issued a special dividend of $15 a share in January 2024, suggesting a payout of $22 a share if delivered at a similar yield, according to Nardone.

Mama's Creations Q2 Earnings Call Highlights
MarketBeat21d agoneutral
Mama's Creations Q2 Earnings Call Highlights

Mama's Creations (NASDAQ:MAMA) reported fiscal second-quarter revenue growth of 55% and said expanded retail distribution, contributions from the Bay Shore acquisition and new product launches helped drive operating leverage and higher profitability. For the quarter, revenue increased to $54.6 mill

Costco (COST) Drawn Into Expanded DOJ Beef Pricing Antitrust Probe
Simply Wall St.21d agobearish
Costco (COST) Drawn Into Expanded DOJ Beef Pricing Antitrust Probe

Costco Wholesale (NasdaqGS:COST) has been asked by the US Department of Justice for detailed records as part of an expanded antitrust investigation into beef pricing. The broadened probe now covers major food retailers, with authorities seeking information on pricing practices and supply chain arrangements for beef products. The inquiry raises potential regulatory and operational questions for Costco as a key buyer and seller of beef in the US grocery market. Consider reviewing other...