Costco: Fiscal Q3 Earnings Snapshot
ISSAQUAH, Wash. — ISSAQUAH, Wash. — Costco Wholesale Corp. (COST) on Thursday reported fiscal third-quarter earnings of $1.9 billion.
On a per-share basis, the Issaquah, Washington-based company said it had profit of $4.28.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.25 per share.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
24 minutes ago
- Bloomberg
David Jolly, Trump critic and Former GOP Congressman, to Run For Florida Governor as Democrat
TALLAHASSEE, Fla. (AP) — A former Republican congressman and vocal critic of Donald Trump says he wants to become governor in the president's adopted home state of Florida, and that he's running as a Democrat. David Jolly formally announced his bid Thursday, becoming the latest party convert hoping to wrest back control of what had been the country's premier swing state that in recent years has made a hard shift to the right. Under state law, term-limited Republican Gov. Ron DeSantis can't run for reelection in 2026.
Bloomberg
24 minutes ago
- Bloomberg
Stock Movers: Wizz Air, Wise, Bayer (podcast)
On this episode of Stock Movers: - Wizz Air plunged 26% in early trading after the discount airline reported earnings that missed estimates and refrained from providing a guidance, citing poor visibility. - Wise is planning to list its shares in the US, the latest blow to London's stock market. - Bayer shares rise as much as 5.1% after Goldman Sachs upgrades the German chemicals and pharmaceutical company to buy from neutral, saying it sees earnings as having bottomed out and thinks risks around litigation and pharma data are overdone.
Edmunds
37 minutes ago
- Edmunds
The Hemi Is Back! Ram Adds a V8 Option for 2026
But it wasn't that easy. The first actual plan said it would take about 18 months to get a V8 back into a Ram. Not satisfied, Kuniskis put together a team led by former Ford SVT employee Darryl Smith, now the special program technical manager for the Hemi project, and they brought the timeline down to six months. The Hemi will arrive this summer on the 2026 Ram 150 0 Tradesman, Big Horn, Express, Warlock, Laramie, Limited and Longhorn, with the Rebel joining later this year. The V8 engine will be a $1,200 option over the more powerful and efficient 3.0-liter standard-output twin-turbo inline-six, itself a $1,695 jump from the 3.6-liter V6 base engine. The Limited and Longhorn models that come standard with the high-output version of the inline-six engine can swap for the Hemi at no additional charge. The only two Ram variants that won't get the V8 option are the RHO and Tungsten. The Hemi V8 will only be available with eTorque mild hybrid technology and, like before, will deliver 395 horsepower and 410 lb-ft of torque. The eTorque hybrid motor-generator unit place of the alternator and works with a 48-volt battery pack to aid with startup and takeoff power. It can add up to 130 lb-ft of torque and recoups energy under braking. Ram also says the eTorque system enhances shifts, improves fuel-saving cylinder deactivation, and smooths transitions under acceleration and braking, which helps reduce noise, vibration and harshness. However, all new vehicles with Hemis also include the GT sport exhaust, so there might be a trade-off. Equipped with the Hemi V8, the 2026 Ram 1500 has a maximum towing capacity of up to 11,470 pounds and maximum payload capacity of 1,750 pounds.
