3 Costco Analysts React To Q3 Earnings, Shrinking Margins, Potential Membership Fee Increase


Costco Wholesale Corporation (COST) shares closed higher by 1.24% on Friday after the retailer reported impressive sales growth but shrinking margins in a challenging macroeconomic climate.

Telsey Advisory Group analyst Joseph Feldman said Costco is executing well in a difficult environment for retailers. “In FY23, Costco should continue to generate double-digit EPS growth, driven by an MSD comp, HSD membership fee income growth, healthy digital growth, and effective management of costs,” Feldman wrote.

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