1. Channel: Club

Costco delivers a strong quarter, and we see two catalysts ahead that could boost the stock

Written by Posted on Less than 0 min read

​[[“value”:”Once again, Costco showed off the power of its club membership model, providing additional proof that it’s the best-managed U.S. retailer.”]] 

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Department: Consumer Durables

Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again

Nike CEO John Donahoe acknowledged that the brand went too far when it iced out wholesalers like Macy’s and DSW in favor of its own stores and website. View Original Article Executives Brick and Mortar Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Corporate Finance

CNBC Daily Open: More trouble ahead for U.S. banks

​[[“value”:”Financial stocks had a bad day, thanks to Fitch’s warning of a downgrade and Minneapolis Fed President Neel Kashkari’s comments on tighter regulations.”]]  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Channel: Mass

4 takeaways from the Investing Club’s ‘Morning Meeting’

Bank of America slashed its S&P 500 price target to 3,600 from 4,500, the lowest year-end target on Wall Street. View Original Article Target Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. CPG: Food

KitKat and Nescafe owner Nestle says it’s raised prices by nearly 10% so far this year

​[[ Getty Images Consumer goods firm Nestle raised prices by 9.8% in the first quarter, attributing this to “significant cost inflation.” The Switzerland-based company on Tuesday reported sales revenue up 5.6% in the three-month period, coming in at 23.5 billion Swiss francs ($26.49 billion), slightly ahead of an analysts’ consensus estimate. related investing news Halliburton’s […]
2 min read
0
  1. Shopper & Customer

Citi says buy 3 stocks tied to the consumer for the same reasons we own them

​   ​   Citi is bullish on Club holdings Estee Lauder (EL), Constellation Brands (STZ) and Procter & Gamble (PG).  View Original Article Procter & Gamble Consumers CPG: Adult Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. International

McDonald’s revenue misses estimates as Middle East conflict weighs on quarterly sales

McDonald’s fourth-quarter earnings beat expectations, but sales in its international markets lagged. View Original Article Restaurants International Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle Mexican Grill’s restaurant traffic grows as the chain proves its pricing power

​ In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by better than expected same-store sales growth. Like McDonald’s, Chipotle said traffic to its restaurants grew during the first quarter despite higher menu items. Chipotle’s menu prices are up […]
2 min read
0
  1. Department: Consumer Durables

Fast fashion is leaning into resale, but it may do little to reduce emissions, new study says

​[[“value”:”Resale platforms at fast-fashion retailers may do little to reduce emissions and companies like H&M and Shein are better off investing in their supply chains.”]]  View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Channel: Restaurants

Restaurant Brands revenue disappoints Wall Street as Burger King same-store sales miss estimates

​[[“value”:”Burger King parent Restaurant Brands International’s quarterly revenue fell short of Wall Street’s expectations.”]]  View Original Article Economy International Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Shopper & Customer

Amazon CEO says Prime could become ‘standalone business,’ stands by layoffs

The CEO also highlighted shifts in consumer spending and made clear Amazon’s intention to continue expanding into the health-care space. View Original Article Amazon Executives Consumers Health & Wellness CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Uncategorized

The U.S. has a pilot shortage — here’s how airlines are trying to fix it

U.S. airlines are facing a severe pilot shortage. Here’s what carriers like United, Delta and Alaska are doing to fix the problem. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Channel: Mass

Target expects organized retail crime-fueled losses to jump by $500 million this year

​[[“value”:”Other retailers such as Home Depot and Walmart have also spoken out about rising theft and blamed online marketplaces.”]]  View Original Article Home Depot Target Walmart Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Corporate Finance

Dollar General stock drops as ‘challenging’ economic backdrop drives dismal earnings report

​Dollar General said a worse than expected macroeconomic backdrop is impacting its customers spending, leading the discounter to slash its full year outlook.  View Original Article Dollar General Results & Investment Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Corporate Finance

Jim Cramer’s top 10 things to watch in the stock market Wednesday

​ ​[[“value”:”The Federal Reserve is widely expected to raise interest rates by another 25 basis points, while a slate of Club holdings report quarterly results.”]]  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Fanatics to start livestreamed shopping of trading cards, collectibles

 The sports commerce giant’s aim is to merge the world of hobbyists and collectors via curated and personality-driven content and entertainment.  View Original Article Editor's Choice Marketing: Digital Media Mergers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Corporate Strategy

Costco CEO Craig Jelinek to step down Jan. 1. COO Ron Vachris will take over

​[[“value”:”The warehouse club has benefited from sales growth, fueled by pandemic pantry-loading, inflation and millennials moving to the suburbs.”]]  View Original Article Costco Executives Operations & Supply Chain Consumers Economy COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Channel: Specialty & Other

Best Buy warns of layoffs as it issues soft full-year guidance

Best Buy has been in a period of slower sales in part due to the strength of its sales during the pandemic. View Original Article COVID19 Best Buy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Trends & External Forces

Nike reports sales growth driven by North American demand, delays outlook amid global unrest

Nike said it will provide a more detailed outlook for fiscal 2023 when it reports fourth-quarter results. View Original Article Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Media & Marketing

How Urban Outfitters’ Nuuly is outsmarting Rent the Runway

​ ​ [[“value”:”Since launching in 2019, Nuuly, a clothing rental subscription service by Urban Outfitters Inc., is growing quickly.”]] ​[[“value”:”Since launching in 2019, Nuuly, a clothing rental subscription service by Urban Outfitters Inc., is growing quickly.”]]  View Original Article Marketing: Loyalty & Subscription Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the […]
< 1 min read
0
  1. Trends & External Forces

Marlboro maker Altria reports declining revenue, citing competition from illicit e-vapor products

​[[“value”:”The Marlboro maker said domestic cigarette shipment volume fell 11.6%, primarily driven by industry declines and competition from illicit e-vapor products.”]]  View Original Article Competition CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
Next