|Bid||192.02 x 400|
|Ask||192.58 x 400|
|Day's range||191.16 - 192.64|
|52-week range||150.00 - 195.35|
|PE ratio (TTM)||30.57|
|Earnings date||7 Mar 2018|
|Forward dividend & yield||2.00 (1.04%)|
|1y target est||205.96|
Several months after the blockbuster deal, business is thriving for traditional supermarket chains. Meanwhile, Whole Foods is facing its own set of challenges.
On Jan. 11, Wal-Mart announced plans to close Sam's Club locations across the country. This gives Costco a significant opportunity to gain market share.
The graph below shows that Walmart’s (WMT) price target is on an uptrend with multiple analysts raising their price target in recent months thanks to the company’s strong sales and improved earnings on the back of stellar e-commerce sales and increased store traffic. Walmart has rolled out several customer-friendly initiatives aimed at saving time and money, which have bolstered the company’s top-line performance and helped its earnings to return to growth. Walmart’s value pricing, fast-delivery for online orders, expansion of online grocery pickup services, supply-chain reinvention, and omnichannel offerings resonate well with customers and solidify its competitive positioning.
Former Treasury Secretary Larry Summers means business when he says his new global task force is ready to take on the evils of sugar and its devastating effect on health and economies.
U.S. retail sales rose for the fourth straight month in December, as people continued the shopping spree. But does the sector promises a safe bet for 2018?
Is Online Wholesaler Boxed Kroger’s Acquisition Target? According to a recent report by Forbes, America’s largest supermarket chain Kroger (KR) is reportedly in talks to buy Boxed—an online bulk order wholesaler. Costco (COST), Target (TGT), and German-based Aldi are some of the other companies that have reportedly shown interest in Boxed.
Sam's Club announced that it will close its three Alaska stores by Jan. 26. In response, hundreds of people visited the Fairbanks warehouse on Friday for a liquidation sale that symbolized a shift in suppliers ...
A closer look at Microsoft’s (MSFT) plan to renew its Redmond headquarters campus and how it intends to do so suggests a telling move by a legacy technology company. Tech companies such as Apple (AAPL) and Amazon (AMZN), one of which has recently opened a new headquarters campus and the other of which is looking for a location for its second headquarters, have been disruptors in their industries. Apple, for example, leads the Smartphone market alongside Samsung (SSNLF) after overtaking Smartphone pioneer BlackBerry (BB).
Costco (COST) stock rose about 2.1% on January 11, 2018, following Walmart’s (WMT) announcement that it would close 63 Sam’s Club facilities in the US (SPY). At a time when retailers are investing heavily in their e-commerce channels and pruning their real estate portfolio to compete against Amazon (AMZN), Costco remains unfazed. The graph shows that Costco stock is on an upward trend and has registered growth of 25.4% in the past six months.
Shares of Costco Wholesale (COST) had a banner 2017, and despite some early weakness to start the year, analysts are upbeat about its 2018 prospects due to its strong membership trends and sales. Oppenheimer's Brian Nagel and David Bellinger are among the optimists, as they believe that Costco will benefit from Walmart's (WMT) decision to close more than 60 of its Sam's Club locations. Costco is up 1.3% to $191.91 in morning trading, and has gained 18.4% in the past 12 months.
2018 has started on a strong note for Target (TGT). In comparison, stocks of rivals Walmart (WMT) and Costco (COST) showed minimal movement during the four-day period. Mass merchandisers and retailers witnessed strong holiday sales despite growing pressure from online rivals including Amazon (AMZN).
Membership warehouse chain Sam's Club abruptly closed dozens of locations Thursday even as parent Wal-Mart announced sweeping wage hikes.
Costco has adopted a novel way to show its objection to a new soda tax in Seattle: It’s telling customers just how much the tax will cost and encouraging them to buy soft drinks outside the city.
Target (TGT) stock was trading at a forward PE (price-to-earnings) ratio of 14.8x on January 9, 2018, which seems compelling when compared to the peer group average of 24.5x. Target stock is trading at a discount compared to the Consumer Staples Select Sector SPDR ETF’s (XLP) forward PE (price-to-earnings) multiple of 21.2x and the S&P 500 Index’s (SPX) forward PE multiple of 19.5x. Walmart (WMT) and Costco (COST) stock are trading at forward PE multiples of 21.5x and 27.5x, respectively.