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People will join Costco as prices go up from inflation because their products are more affordable causing membership sales to go up increasing overall profit and revenue for the company.
Costco is down almost 2% today alledgely because last month's results weren't as grand as "analysts" wanted.
Their take reminds me of the saying, "You saved my life yesterday but what have you done for me lately?"
Trueheart
Costco will survive bad economies and changes of administration, just like Walmart.
Trueheart
$COST 370p expiring tomorrow for .70 https://www.tradingview.com/x/m0gSty0x/
Now $373.7...
42x P/E during pandemic....? I’ll pass.. 27x P/E for food and staples retail.. $TGT & $WMT in low 20xs
JUST IN: $COST Better Buy: Costco vs. Procter & Gamble
Procter & Gamble (NYSE: PG) and Costco Wholesale (NASDAQ: COST) perform fundamentally different functions. P&G produces personal care products, and Costco is one of its numerous retailers. However, both are large-cap stocks supported by mature companies that ...
Got this from COST - Better Buy: Costco vs. Procter & Gamble
Just In: $COST Costco's Sales Sizzled Again in September
Just two weeks ago, Costco Wholesale (NASDAQ: COST) reported strong earnings results for the final quarter of its fiscal 2020, which ended Aug. 30, beating the analysts' average estimate by 7%. On Wednesday, the warehouse retailer confirmed that its momentum is intact, reporting...
In case you are interested COST - Costco's Sales Sizzled Again in September
$COST Shoppers can snap up bars of gold for £24,500 at bulk-buy store Costco https://thesun.co.uk/money/12845753/shoppers-buy-bars-gold-costco?utm_source=twitter&utm_medium=social&utm_campaign=sharebaramp
We have launched a video stacking COST up against some of its biggest competitors. Hope you will enjoy.
YouTube Channel : CMD Fundamental Investment
Video : Top 5 Retail Stocks In Covid-19 Growth
Started a position on the dip.
This is going nowhere but up long term.
News on $COST and $GDMK today: Global Diversified Marketing Group and Costco Wholesale Corp Enter Late Stage Discussions for Product Marketing Agreement
Company has entered late stage discussions with Major Consumer Outlet Store Chain Costco for product marketing agreement on one of its premium brands
ISLAND PARK, N.Y., Sept. 01, 2020 (GLOBE NEWSWIRE) -- Global Diversified Marketing Group Inc (OTC: GDMK) pleased to report that ongoing discussions with Costco Wholesale Corporation are progressing promisingly towards an agreement whereby our premium snacks can be stocked and sold at this major consumer outlet store operation.
Plans are to begin with our very popular gourmet and successful Coco Bliss Coconut Wafer Bite Cookies on the initial Costco placement and then to explore expansion with our other premium snacks. This is an ideal time of the year to begin marketing with Costco as multiple holidays coming up and consumers are looking for new, high quality choices as the Global Diversified brands can offer.
Paul Adler, Chairman, and CEO stated, “A marketing agreement with Costco can be a major milestone event for boosting sales of the Global Diversified Marketing Group product lines to new levels that we have never seen before. Costco is one of the largest, most well recognized and trusted operations where value seeking consumers go to buy the best products in all categories and at the best prices. We are very optimistic about finalizing a marketing agreement with Costco in the near term and to begin a mutually beneficial relationship which can serve discerning Costco members well and introduce our already proven premium snack food lines to a much wider consumer base.”
About Global Diversified Marketing Group
Headquartered in Island Park, NY - Global Diversified Marketing Group Inc operates as a global multi-line consumer packaged goods (“CPG”) company with branded product lines and is a food and snack manufacturer, importer and distributor in the United States, Canada, and Europe. The Company operates in the snacks market segment and offers Italian Wafers, Italian filled Croissants, French Madeleines, Wafer Pralines, shelf-stable Macarons, and other gourmet snacks. The company sells its products directly through various distribution channels comprising specialty, grocery retailers, food-service distributors, direct store delivery (“DSD”) as well as the vending, pantry, and the micro-market segment.
About Costco Wholesale Corporation
Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, and deli products, as well as produce; and apparel and small appliances. It also operates gas stations, pharmacies, optical dispensing centers, food courts, and hearing-aid centers; and offers business delivery, travel, and various other services online in various countries. As of September 1, 2019, the company operated 782 warehouses, including 543 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in South Korea, 13 in Taiwan, 11 in Australia, 2 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce Websites in the United States, Canada, the United Kingdom, Mexico, South Korea, and Taiwan. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
Safe Harbor Statement
Certain statements in this announcement are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, many of which, by their nature, are inherently uncertain and outside of the Company's control and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.
These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, information concerning the ability of the Company to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors. Those assumptions and factors are based on information currently available to the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the ability of the Company to develop the Company's brand and meet its growth objectives, the ability of the Company to complete acquisitions that are accretive to the Company's revenue, the ability of the Company to obtain and/or maintain licenses to operate in the jurisdictions in which it operates or in which it expects or plans to operate. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking information contained in this release is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-looking information that are incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
The foregoing statements expressly qualify any forward-looking information contained herein. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Contact:
Global Diversified Marketing Group Inc
Paul Adler, Chairman, President & CEO
800-550-5996
paul@gdmginc.com
Source: Global Diversified Marketing Group, Inc.
News; $COST Shares of This Safe Consumer Goods Upstart Have Doubled This Year
During a recession, it's reasonable to expect certain specialized retailers to enjoy an uptick in business, and shopping club warehouses certainly fit this expectation in the current pandemic-induced economic malaise. BJ's Wholesale Club (NYSE: BJ) , the small, regional challenger to Costco ...
Read the whole news COST - Shares of This Safe Consumer Goods Upstart Have Doubled This Year
$COST | All Time High for #Costco
Costco's breakout move today was stalled by weakness within the overall market, but it did mange to
close at a new All Time High.
If the $325 level can hold as support tomorrow, there nay be a opportunity for a long trade to $330- $333 - $340
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Lol called it.
When is next earnings? Id like to jump in at 300 or below.
That's not a bad rhyme.
Trueheart
Not much margin for charmin
Hey, Realfast95,
Costco should break out TP and paper towels as a separate category.
Trueheart
should be giving monthly sales Monday after the close
yuuge chunk of the $2 trillies will end up in Costco, and P$G.
I believe that COST had its gearbox in reverse when the market put its pedal to the metal.
Trueheart
This is the only company in which I have shares that's green today.
Trueheart
The Costco after hours share price is $275 as this is written.
Trueheart
I like Costco and will get in when the dust settles over the coronavirus situation.
I should have bought on the recent low based on toilet paper sales.
Trueheart
There's the bounce 52 week highs on the horizon!!! $cost
Techs definitely needed to cool on COST but should bounce right back up!
Cost monster move here!
there's absolutely no reason why Costco shouldn't sell everything online, i meeeaaan eeeeeevvvveerrryytthhiiiing!!!!
the sooner, the better
i ain gonna lie, i secretly dream o BJs from time to time
who wants to be a Member of BJs
my wife don't like BJs much, so she suggested Costco
i love Costco... here's some thoughts that i think will help the stock in the long and short period of time. i wanna see prominent flagship stores popping up in the metro areas. in those stores, as well as online, i wanna see products like Sub Zero, Wolf, Viking, Miele, amish furniture ture, Allen Edmonds, Versace, Gucci, Pucci, DG, Chanel, Brioni, Moncler, sofas made in USA, Italy, Le creuset, Staub,... you get the idea. stuff like that will bring more crowds to the stores and online. i would really wanna see 3-5 story flagship Costco stores, where spending a whole day will be a pleasure. forgot something, more organic varieties...
Earnings Reports for the Week of Dec. 9-13
Spotlight Tickers ---> $ADBE $COST $GME
https://www.transparenttradersblackbox.com/post/earnings-reports-for-the-week-of-dec-9-13-adbe-cost-gme
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the Costco parking lots are packed to the max this monday, i had to wait 20 min to park, mania...
Anyone expecting a special dividend this year?
big crowds wait everyday b4 open. you can touch, feel, smell, try on the stuff u r buying, not imagining it from computer screen. they are the "price police". Costco haven't even got started to kick ass. my price target for the next 15-20 years is $1200, im not worried a bit. will gladly add on any big dips
Love the stores. Let's see how we do after Wednesday
cost always looks cheap to me.
I like the company as well but seems overbought up here
here's what i like about Costco. organic fruits and vegetables, organic beef and chicken, organic dairy products, organic coffee, organic dried and frozen fruits and vegetables, organic pizza, organic soap and shampoo, organic eggs, organic guacamole, organic this and that, wild Alaskan salmon, wild shrimp lobster crab, high-quality liquor, American made household products, excellent service products, Shanghai...
cost is a stock that you never sell, and always buy the dips, keep for decades, put it in your will with a condition never to be sold by the inheritents...
Think things will get interesting next week for $cost with the fed meeting Tuesday. Let's see if this can crack 300!
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