Why Are Investors Selling Costco? COST Stock

#Investing #Stocks #Costco
Costco (COST) traded lower after the company reported Q2 earnings results. There tends to not be a lot of mystery when Costco reports earnings because the warehouse club giant is among the few remaining retailers that report sales and comparisons on a monthly basis. Also, the company does not provide forward-looking guidance. So what are investors left to focus on? EPS and margins. So what went wrong this quarter?

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