Tag #Costco

Showing 13 to 19 of 19 results

forbes.com

🌐 75% Global Worthiness

Dec 28, 19:09

Costco Rejects Shareholder DEI Risk Proposal, Reaffirms Commitment to Inclusion

Costco's board rejected a shareholder proposal questioning the financial risks of its DEI policies, emphasizing its commitment to inclusion and aligning with its mission, despite concerns raised about potential lawsuits and reputational damage; FY24 data shows opportunities for increased representat...

Costco Rejects Shareholder DEI Risk Proposal, Reaffirms Commitment to Inclusion

Costco's board rejected a shareholder proposal questioning the financial risks of its DEI policies, emphasizing its commitment to inclusion and aligning with its mission, despite concerns raised about potential lawsuits and reputational damage; FY24 data shows opportunities for increased representat...

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60% Bias Score

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Gender Equality

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What are the immediate implications of Costco's decision to reject the shareholder proposal regarding its DEI policies?

Costco's board rejected a shareholder proposal to assess risks associated with its diversity, equity, and inclusion (DEI) policies, citing concerns about the proposal's lack of rigor and evidence. The board emphasized its commitment to DEI and inclusive leadership, highlighting its alignment with the company's mission and values. This decision comes despite a shareholder proposal warning of potential financial and reputational risks related to DEI initiatives.

dailymail.co.uk

🌐 85% Global Worthiness

Dec 19, 01:10

Retail Giants Warn of Price Hikes Due to Trump Tariffs

Costco and Best Buy executives warn of potential price hikes in 2024 due to President Trump's proposed tariffs on imported goods from China and Mexico, impacting various consumer products and potentially slowing economic growth.

Retail Giants Warn of Price Hikes Due to Trump Tariffs

Costco and Best Buy executives warn of potential price hikes in 2024 due to President Trump's proposed tariffs on imported goods from China and Mexico, impacting various consumer products and potentially slowing economic growth.

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40% Bias Score

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Reduced Inequality

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What are the immediate economic consequences of the proposed tariffs on major US retailers and consumers?

Costco's CFO warned that proposed Trump tariffs could increase prices in 2024, impacting consumers. This follows similar warnings from Best Buy, indicating broad retail concern. The potential price increases stem directly from increased import costs due to tariffs.

cnbc.com

🌐 85% Global Worthiness

Dec 10, 22:09

Costco Stock Hits Record High Amidst Bullish Analyst Ratings

Costco's stock hit a record high of $992.61 on Friday, up over 50% year-to-date, outperforming the S&P 500; analysts maintain bullish ratings despite high valuation, citing strong membership model and growth prospects.

Costco Stock Hits Record High Amidst Bullish Analyst Ratings

Costco's stock hit a record high of $992.61 on Friday, up over 50% year-to-date, outperforming the S&P 500; analysts maintain bullish ratings despite high valuation, citing strong membership model and growth prospects.

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44% Bias Score

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Decent Work and Economic Growth

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How does Costco's membership model contribute to its sustained growth and competitive advantage in the retail sector?

Costco's robust performance is driven by its membership model, generating recurring revenue and enabling low prices, similar to Amazon and Netflix. High membership renewal rates (above 90%) and anticipated holiday spending increases further support its growth trajectory. Recent scanner implementation to prevent double card usage should accelerate membership growth.

dailymail.co.uk

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Nov 8, 07:12

Costco's Peppermint Bark is Back!

Costco's popular Kirkland Signature peppermint bark returns for the holidays, sparking excitement among shoppers. The treat is compared to other options, and Costco's recent sales figures are discussed.

Costco's Peppermint Bark is Back!

Costco's popular Kirkland Signature peppermint bark returns for the holidays, sparking excitement among shoppers. The treat is compared to other options, and Costco's recent sales figures are discussed.

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What factors contributed to Costco's recent sales boost?

Costco's recent sales boost was partially attributed to abnormal consumer activity due to Hurricane Helene and port strikes, leading to increased demand for essential products like toilet paper and bottled water.

dailymail.co.uk

🌐 85% Global Worthiness

Dec 23, 19:10

FDA Issues Class I Recall of Costco Eggs Over Salmonella Fears

Handsome Brook Farms recalled 10,800 units of Kirkland Signature Organic Pasture Raised 24-Count Eggs sold at 25 Costco stores across five states due to potential salmonella contamination; the FDA upgraded the recall to Class I, its highest risk level, although no illnesses have been reported.

FDA Issues Class I Recall of Costco Eggs Over Salmonella Fears

Handsome Brook Farms recalled 10,800 units of Kirkland Signature Organic Pasture Raised 24-Count Eggs sold at 25 Costco stores across five states due to potential salmonella contamination; the FDA upgraded the recall to Class I, its highest risk level, although no illnesses have been reported.

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52% Bias Score

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Good Health and Well-being

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What factors contributed to the accidental distribution of the recalled eggs?

The recall highlights risks in the egg supply chain, as the eggs were mistakenly packaged and distributed. The FDA's Class I designation underscores the severity of potential salmonella contamination, emphasizing the need for thorough supply chain controls and consumer vigilance. The recall affects eggs with UPC 9661910680, code 327, and a January 5, 2025 use-by date.

cnbc.com

🌐 85% Global Worthiness

Dec 13, 04:09

Costco Q1 FY2025 Beats Expectations, Driven by Strong Membership Growth and Margin Expansion

Costco's first-quarter fiscal year 2025 results exceeded expectations, with total revenue hitting $62.15 billion and earnings per share reaching $4.04, driven by increased traffic, membership growth, and margin expansion; this outperformance highlights Costco's strong market position and value propo...

Costco Q1 FY2025 Beats Expectations, Driven by Strong Membership Growth and Margin Expansion

Costco's first-quarter fiscal year 2025 results exceeded expectations, with total revenue hitting $62.15 billion and earnings per share reaching $4.04, driven by increased traffic, membership growth, and margin expansion; this outperformance highlights Costco's strong market position and value propo...

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No Poverty

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What are the key financial results of Costco's Q1 FY2025, and what do they indicate about its market position?

In Q1 FY2025, Costco exceeded revenue projections by $70 million, reaching $62.15 billion, and significantly surpassed EPS expectations at $4.04, a 13% year-over-year increase. Even excluding a 22-cent stock-based compensation benefit, results outperformed forecasts. This success reflects Costco's strong market position and value proposition.

abcnews.go.com

🌐 75% Global Worthiness

Dec 2, 23:51

Salmonella Recall: 10,800 Kirkland Signature Eggs Recalled from Costco Stores

Handsome Brook Farms recalled 10,800 units of Kirkland Signature Organic Pasture Raised 24-count eggs distributed to Costco stores in Alabama, Georgia, North Carolina, South Carolina, and Tennessee between November 22 and 27 due to potential Salmonella contamination from eggs mistakenly packaged for...

Salmonella Recall: 10,800 Kirkland Signature Eggs Recalled from Costco Stores

Handsome Brook Farms recalled 10,800 units of Kirkland Signature Organic Pasture Raised 24-count eggs distributed to Costco stores in Alabama, Georgia, North Carolina, South Carolina, and Tennessee between November 22 and 27 due to potential Salmonella contamination from eggs mistakenly packaged for...

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Good Health and Well-being

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What is the extent of the Kirkland Signature egg recall and its immediate implications?

Handsome Brook Farms recalled 10,800 units of Kirkland Signature Organic Pasture Raised eggs from Costco stores in five states due to potential Salmonella contamination. These eggs, not originally intended for retail sale, were distributed between November 22 and November 27. No illnesses have been reported.

Showing 13 to 19 of 19 results