COST Costco Reports Strong Q2 Revenue Growth, Despite EPS Miss
Costco reported a 9% year-over-year increase in Q2 (February quarter) revenue, reaching $63.7 billion and surpassing expectations by $640 million. Adjusted comparable sales rose 9%, with e-commerce growing 22%. US comparable sales outpaced both Walmart and Target, increasing 9%, while membership fee income grew 7% to $1.2 billion. However, EPS of $4.02 fell short of estimates by $0.09, partly due to foreign exchange headwinds. Strong customer traffic and a 90.5% global renewal rate continue to underpin Costco’s premium valuation, with management noting stable consumer demand and increased spending on food at home.
GOLD Trading, like any high-performance endeavor, requires skill, focus, and discipline. Those who are in it for the money alone aren’t likely to focus on the process of being a good trader. DXYSPXNIFTY
US30 I've never witnessed both the DXY and asset categories like the Dow, Nas and the SxP move in the same direction.. Along w spiking prices in the crypto pool, it's not tooo farfetched to say that our wealth transfer is currently going on. The dollar going down in value would indicate that indexes and metals should go up.. But they're bearish in nature right now. So it's like, dollars are hitting the cash register but our negatively-correlated assets are either staying on the shelf and/or being returned quicker than buyers can even remove the chicken stock off the shelf.. DXY going down indicates that equity is definitely being traded for assets... but what fuckin' aisle are y'all in? So we're just done w the Timbs? Pumas is in? BEARfoot? Something is being bought..