Costco (COST) Earnings Beat Estimates

Costco (COST) stock price is currently up over 6% for the day. The Costco earnings report indicated $2.98 in EPS and $50.36B in revenue. Fred Reichheld says that investing in companies like Costco that prioritize customers, can yield returns that beat the market 3 to 1. The company's annual membership fees essentially lock in the firm's required profits at the beginning of each year. Kim Forrest weighs in on Costco's revenue growth, same store sales, and operating margin.

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10 Dec 2021

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