Costco


March Comps Softer Thanks to Easter Shift to April

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New York—With the harshest of winter subsiding last month, it still look a flurry of discount promotions to lure shoppers into … [Read more...]

NRF Urges Senate to Reject Minimum Wage Proposal

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Washington—Though millions of retail employees might be wishing this was all just a joke, the National Retail Federation (NRF) … [Read more...]

February Comp Sales Actually Fare Better Than Expected

Only a handful of major retailers still release monthly sales results

New York—There’s no need to remind most of the Northern half of the United States what kind of impact February’s weather must have … [Read more...]

Holiday Pressure Puts Damper on Costco Q2 Results

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Issaquah, WA—Costco Wholesale Corp. today reported that its second quarter profit fell 15% clipped by narrower gross margins in … [Read more...]

Storms, Shopper Fatigue Chill January Comp Sales

Frigid temperatures and heavy snowfall stymied shoppers and retail employees last month

New York—January is normally the slowest month at retail, but this year the Arctic whammy from a polar vortex chilled sales more … [Read more...]

December Comp Sales Were Up—But at a Price?

Blizzard Tarnish December Retail Sales

New York—Discounts may have helped comparable store sales rise 2.7% in December, but that stronger-than-expected increase often … [Read more...]

Costco Q1 Earnings Lower Than Expected

Costco's 12 Days of Christmas Deals promotion

Issaquah, WA—Costco today reported that a fiscal first quarter profit weaker than expected despite a 5% sales increase. The … [Read more...]

Holiday Pressure: November Comp Sales Disappointing

Holiday Sales 2013

New York— Black Friday creep—expanding sales and promotions beyond the traditional one the Friday after Thanksgiving—may have had … [Read more...]

Promotions Helped Lift October Comp Sales Above Estimates

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New York—Political gridlock, a government shutdown and fears that the United States would default helped to deflate consumer … [Read more...]

September Comp Sales “Sluggish” as Consumer Confidence Wanes

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New York—A drop in consumer confidence, warmer temperatures, and lack of a fashion must have resulted in September comparable … [Read more...]

Costco Q4 Profit Misses on Slower Sales, Costs Rise

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Issaquah, WA—In a rare miss, Costco Wholesale Corp., the largest warehouse club, reported Wednesday that its fourth quarter profit … [Read more...]

Economists Call August Comp Store Sales Lackluster

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New York—While all the remaining retailers who report monthly sales figures have yet to report them, the tally from economists so … [Read more...]