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Costco Earnings: What to Watch

TheMotleyFool 
0 0 01.10.17
Costco Earnings: What to WatchPhoto, wide shot, wide-angle lens, Online marketplace, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/27d484d8-d1b1-4519-9797-b5dcaa68d4e2.png
 
Costco Earnings: What to Watch

Many investors are avoiding the retailing industry today because of the weak selling environment facing brick-and-mortar companies. Increased competition from online specialists is forcing profit-sapping price cuts. Recently, both Target (NYSE: TGT) and Kroger (NYSE: KR) lowered their earnings outlook as they focus on protecting market share.

Against that backdrop, Costco (NASDAQ: COST) will post its fiscal fourth-quarter results, and the country's second-biggest retailer should have plenty to say about the retailing industry when it announces its numbers on Thursday, Oct. 5.

Here's what to look for in the report.

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Source: Fool.com

Target Corp. Stock

€133.40
-0.300%
The price for the Target Corp. stock decreased slightly today. Compared to yesterday there is a change of -€0.400 (-0.300%).
Currently there is a rather positive sentiment for Target Corp. with 35 Buy predictions and 13 Sell predictions.
On the other hand, the target price of 122 € is below the current price of 133.4 € for Target Corp., so the potential is actually -8.55%.
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