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Sam's Club raises starting wage to $15 per hour, Bloomberg reports » 11:47
09/14/21
09/14
11:47
09/14/21
11:47
WMT

Walmart

$144.41 /

-0.625 (-0.43%)

, TGT

Target

$243.74 /

+0.55 (+0.23%)

, COST

Costco

$459.36 /

-0.29 (-0.06%)

Sam's Club is…

Sam's Club is raising its minimum wage to $15 an hour starting September 25 amid a broader effort that will award raises to 34% of staff, Bloomberg's Brendan Case reports, citing a memo by Sam's Club CEO Kath McLay. Team leads at Walmart's (WMT) warehouse retailer will earn at least $19 an hour, up a dollar from before, while personal shoppers, forklift drivers and tire-and-battery technicians will also receive a raise. The move comes amid a tight labor market and the increase will help Sam's Club compete with rivals like Target (TGT) and CostCo (COST). Reference Link

ShowHide Related Items >><<
WMT Walmart
$144.41 /

-0.625 (-0.43%)

TGT Target
$243.74 /

+0.55 (+0.23%)

COST Costco
$459.36 /

-0.29 (-0.06%)

WMT Walmart
$144.41 /

-0.625 (-0.43%)

08/30/21 Credit Suisse
Amazon deal could add 35%-40% to Affirm contribution profit, says Credit Suisse
08/27/21 Tigress Financial
Walmart valuation limits outperformance potential, says Tigress Financial
08/18/21 Cowen
Walmart price target raised to $175 from $170 at Cowen
08/18/21 DA Davidson
Walmart's Q2 results should support stock gains, says DA Davidson
TGT Target
$243.74 /

+0.55 (+0.23%)

08/26/21 Tigress Financial
Target shares to hit $320 within 12 months, says Tigress Financial
08/19/21 Jefferies
Target price target raised to $260 from $235 at Jefferies
08/19/21 DA Davidson
Target price target raised to $285 from $240 at DA Davidson
08/19/21 MKM Partners
Target price target raised to $248 from $216 at MKM Partners
COST Costco
$459.36 /

-0.29 (-0.06%)

09/09/21 Morgan Stanley
Costco price target raised to $500 from $425 at Morgan Stanley
09/02/21 Jefferies
Costco price target raised to $525 from $500 at Jefferies
09/02/21 DA Davidson
Costco reports 'another consistent comp' for August, says DA Davidson
09/02/21 Oppenheimer
Costco price target raised to $500 from $480 at Oppenheimer
WMT Walmart
$144.41 /

-0.625 (-0.43%)

TGT Target
$243.74 /

+0.55 (+0.23%)

COST Costco
$459.36 /

-0.29 (-0.06%)

WMT Walmart
$144.41 /

-0.625 (-0.43%)

TGT Target
$243.74 /

+0.55 (+0.23%)

COST Costco
$459.36 /

-0.29 (-0.06%)

WMT Walmart
$144.41 /

-0.625 (-0.43%)

TGT Target
$243.74 /

+0.55 (+0.23%)

COST Costco
$459.36 /

-0.29 (-0.06%)

WMT Walmart
$144.41 /

-0.625 (-0.43%)

TGT Target
$243.74 /

+0.55 (+0.23%)

COST Costco
$459.36 /

-0.29 (-0.06%)

Over a week ago
Recommendations
Costco price target raised to $500 from $425 at Morgan Stanley » 06:42
09/09/21
09/09
06:42
09/09/21
06:42
COST

Costco

$465.80 /

+6.1 (+1.33%)

Morgan Stanley analyst…

Morgan Stanley analyst Simeon Gutman raised the firm's price target on Costco to $500 from $425 and keeps an Overweight rating on the shares. He is raising his near-term estimates to account for continued sales momentum and increasing his longer-term estimates to account for higher conviction in the company's ability to compound post COVID, the analyst tells investors. He views Costco as "among the most structurally well positioned retailers in our coverage," Gutman added.

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COST Costco
$465.80 /

+6.1 (+1.33%)

COST Costco
$465.80 /

+6.1 (+1.33%)

09/02/21 Jefferies
Costco price target raised to $525 from $500 at Jefferies
09/02/21 DA Davidson
Costco reports 'another consistent comp' for August, says DA Davidson
09/02/21 Oppenheimer
Costco price target raised to $500 from $480 at Oppenheimer
09/02/21 Deutsche Bank
Costco price target raised to $399 from $364 at Deutsche Bank
COST Costco
$465.80 /

+6.1 (+1.33%)

COST Costco
$465.80 /

+6.1 (+1.33%)

COST Costco
$465.80 /

+6.1 (+1.33%)

COST Costco
$465.80 /

+6.1 (+1.33%)

Recommendations
Costco price target raised to $525 from $500 at Jefferies » 09:08
09/02/21
09/02
09:08
09/02/21
09:08
COST

Costco

$456.51 /

+0.96 (+0.21%)

Jefferies analyst…

Jefferies analyst Stephanie Wissink raised the firm's price target on Costco to $525 from $500 and keeps a Buy rating on the shares after the company reported August comp growth of 14.2% that was up 40 basis points month-over-month. She has raised her Q4 net sales estimate following the monthly report, increased her EPS estimate and raised her FY22 EBITDA forecast, Wissink noted.

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COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

09/02/21 DA Davidson
Costco reports 'another consistent comp' for August, says DA Davidson
09/02/21 Oppenheimer
Costco price target raised to $500 from $480 at Oppenheimer
09/02/21 Deutsche Bank
Costco price target raised to $399 from $364 at Deutsche Bank
09/02/21 Baird
Costco price target raised to $500 from $475 at Baird
COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

Recommendations
Costco reports 'another consistent comp' for August, says DA Davidson » 09:06
09/02/21
09/02
09:06
09/02/21
09:06
COST

Costco

$456.51 /

+0.96 (+0.21%)

DA Davidson analyst…

DA Davidson analyst Michael Baker keeps his Neutral rating and $390 price target on Costco after the company's latest same-store sales data. Costco reported another "consistent" month of comps, with 10.1% growth topping his view of 6% and the 8.5% reported in July, the analyst tells investors in a research note, adding that while this is below the double-digit increases seen through May 2021, the trend remains "consistent on a two-year basis". August comp traffic in the U.S. was up 7.5%, which is also better than the 5.8% increase in July and 6.9% increase in June, Baker states.

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COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

09/02/21 Oppenheimer
Costco price target raised to $500 from $480 at Oppenheimer
09/02/21 Deutsche Bank
Costco price target raised to $399 from $364 at Deutsche Bank
09/02/21 Baird
Costco price target raised to $500 from $475 at Baird
08/20/21 MKM Partners
BJ's Wholesale price target raised to $48 from $41 at MKM Partners
COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

Recommendations
Costco price target raised to $500 from $480 at Oppenheimer » 08:29
09/02/21
09/02
08:29
09/02/21
08:29
COST

Costco

$456.51 /

+0.96 (+0.21%)

Oppenheimer analyst…

Oppenheimer analyst Rupesh Parikh raised the firm's price target on Costco to $500 from $480 and keeps an Outperform rating on the shares. The analyst notes Costco reported a U.S. comp increase of 10.1% in August. Two-year adjusted comp trends accelerated again to +25.2% from +24.2% in July, he adds. Parikh argues that Costco continues to capitalize on strong food at home consumption trends and an ongoing robust consumer spending backdrop for more discretionary purchases. The Club channel remains the "brightest part" of his food retailing/discounter coverage, and he continues to rank Costco as a top pick.

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COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

09/02/21 Deutsche Bank
Costco price target raised to $399 from $364 at Deutsche Bank
09/02/21 Baird
Costco price target raised to $500 from $475 at Baird
08/20/21 MKM Partners
BJ's Wholesale price target raised to $48 from $41 at MKM Partners
08/05/21 Wells Fargo
Costco price target raised to $480 from $415 at Wells Fargo
COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

Hot Stocks
CIBC to become exclusive credit card issuer for Costco Mastercards in Canada » 08:10
09/02/21
09/02
08:10
09/02/21
08:10
CM

CIBC

$115.02 /

-0.02 (-0.02%)

, COST

Costco

$456.51 /

+0.96 (+0.21%)

, MA

MasterCard

$349.46 /

+3.26 (+0.94%)

CIBC (CM) announced that…

CIBC (CM) announced that it has signed a long-term agreement to become the exclusive issuer of Costco (COST) Mastercards in Canada, expected to start in early calendar year 2022. CIBC will also acquire the existing Canadian Costco credit card portfolio, which meets the needs of millions of Canadians and has over $3 billion in outstanding balances. Mastercard (MA) will remain the exclusive payment network for the Costco cobranded credit card in Canada and acceptance in Costco warehouses in Canada. The new CIBC Costco Mastercard will provide valuable rewards for shopping at all Canadian Costco warehouses and at Costco.ca, and will serve as the Costco membership card. It may also be used at merchants worldwide that accept Mastercard. Existing Capital One Costco Mastercard cardholders can continue to use their current card until receiving their new CIBC Costco Mastercard, expected to start in early calendar year 2022. Additional information regarding the card offering and program transition will be available in the coming months. CIBC expects the purchase of the current Costco co-brand credit card portfolio to close and convert to CIBC in early calendar year 2022, subject to customary closing conditions. CIBC will then begin issuing the new CIBC Costco Mastercard to the converted portfolio and take new applications both online and in Costco Canada warehouses.

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MA MasterCard
$349.46 /

+3.26 (+0.94%)

COST Costco
$456.51 /

+0.96 (+0.21%)

CM CIBC
$115.02 /

-0.02 (-0.02%)

CM CIBC
$115.02 /

-0.02 (-0.02%)

08/30/21 Desjardins
CIBC price target raised to C$154 from C$150 at Desjardins
08/27/21 Canaccord
CIBC price target raised to C$161 from C$157 at Canaccord
08/27/21 National Bank
CIBC price target raised to C$168 from C$159 at National Bank
08/27/21 BMO Capital
CIBC price target raised to C$165 from C$160 at BMO Capital
COST Costco
$456.51 /

+0.96 (+0.21%)

09/02/21 Deutsche Bank
Costco price target raised to $399 from $364 at Deutsche Bank
09/02/21 Baird
Costco price target raised to $500 from $475 at Baird
08/20/21 MKM Partners
BJ's Wholesale price target raised to $48 from $41 at MKM Partners
08/05/21 Wells Fargo
Costco price target raised to $480 from $415 at Wells Fargo
MA MasterCard
$349.46 /

+3.26 (+0.94%)

08/17/21 JPMorgan
MasterCard price target raised to $430 from $427 at JPMorgan
08/12/21 Daiwa
MasterCard downgraded to Neutral from Outperform at Daiwa
08/02/21 Mizuho
MasterCard price target raised to $450 from $435 at Mizuho
08/02/21 Barclays
MasterCard price target raised to $455 from $452 at Barclays
MA MasterCard
$349.46 /

+3.26 (+0.94%)

COST Costco
$456.51 /

+0.96 (+0.21%)

MA MasterCard
$349.46 /

+3.26 (+0.94%)

COST Costco
$456.51 /

+0.96 (+0.21%)

MA MasterCard
$349.46 /

+3.26 (+0.94%)

COST Costco
$456.51 /

+0.96 (+0.21%)

MA MasterCard
$349.46 /

+3.26 (+0.94%)

COST Costco
$456.51 /

+0.96 (+0.21%)

Recommendations
Costco price target raised to $399 from $364 at Deutsche Bank » 06:42
09/02/21
09/02
06:42
09/02/21
06:42
COST

Costco

$456.51 /

+0.96 (+0.21%)

Deutsche Bank analyst…

Deutsche Bank analyst Krisztina Katai raised the firm's price target on Costco to $399 from $364 and keeps a Hold rating on the shares. Solid traffic continues to drive strong results for Costco, Katai tells investors in a research note.

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COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

09/02/21 Baird
Costco price target raised to $500 from $475 at Baird
08/20/21 MKM Partners
BJ's Wholesale price target raised to $48 from $41 at MKM Partners
08/05/21 Wells Fargo
Costco price target raised to $480 from $415 at Wells Fargo
08/05/21 DA Davidson
Costco price target raised to $390 from $350 at DA Davidson
COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

Recommendations
Costco price target raised to $500 from $475 at Baird » 05:00
09/02/21
09/02
05:00
09/02/21
05:00
COST

Costco

$456.51 /

+0.96 (+0.21%)

Baird analyst Peter…

Baird analyst Peter Benedict raised the firm's price target on Costco to $500 from $475 and reiterates an Outperform rating on the shares. Sales remain "robust" at Costco with core comps increasing 9.1% in August, Benedict tells investors in a research note. The analyst says the company's fiscal Q4 sales have landed above his model, leading him to increase estimates. The stock "continues to hold considerable appeal as a rare mega-cap staples growth idea," contends Benedict.

ShowHide Related Items >><<
COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

08/20/21 MKM Partners
BJ's Wholesale price target raised to $48 from $41 at MKM Partners
08/05/21 Wells Fargo
Costco price target raised to $480 from $415 at Wells Fargo
08/05/21 DA Davidson
Costco price target raised to $390 from $350 at DA Davidson
08/05/21 Oppenheimer
Costco price target raised to $480 from $450 at Oppenheimer
COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

Hot Stocks
Costco reports August SSS, ex-gas/FX, rose 9.4% » 16:33
09/01/21
09/01
16:33
09/01/21
16:33
COST

Costco

$456.51 /

+0.96 (+0.21%)

Costco Wholesale…

Costco Wholesale Corporation reported net sales of $15.75 billion for the retail month of August, the four weeks ended August 29 ,an increase of 16.2% from $13.56B last year. For the 16-week fourth quarter ended August 29, 2021, the Company reported net sales of $61.4 billion, an increase of 17.4 percent compared to net sales of $52.3 billion during the similar period last year. For the 52-week fiscal year ended August 29, 2021, the Company reported net sales of $192.1 billion, an increase of 17.7 percent from the $163.2 billion during the similar period last year.

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COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

08/20/21 MKM Partners
BJ's Wholesale price target raised to $48 from $41 at MKM Partners
08/05/21 Wells Fargo
Costco price target raised to $480 from $415 at Wells Fargo
08/05/21 DA Davidson
Costco price target raised to $390 from $350 at DA Davidson
08/05/21 Oppenheimer
Costco price target raised to $480 from $450 at Oppenheimer
COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

COST Costco
$456.51 /

+0.96 (+0.21%)

Conference/Events
Costco to host sales conference call » 15:55
09/01/21
09/01
15:55
09/01/21
15:55
COST

Costco

$455.41 /

-0.14 (-0.03%)

Conference call to…

Conference call to discuss August 2021 sales results will be held on September 1 at 4:15 pm. Webcast Link

ShowHide Related Items >><<
COST Costco
$455.41 /

-0.14 (-0.03%)

COST Costco
$455.41 /

-0.14 (-0.03%)

08/20/21 MKM Partners
BJ's Wholesale price target raised to $48 from $41 at MKM Partners
08/05/21 Wells Fargo
Costco price target raised to $480 from $415 at Wells Fargo
08/05/21 DA Davidson
Costco price target raised to $390 from $350 at DA Davidson
08/05/21 Oppenheimer
Costco price target raised to $480 from $450 at Oppenheimer
COST Costco
$455.41 /

-0.14 (-0.03%)

COST Costco
$455.41 /

-0.14 (-0.03%)

COST Costco
$455.41 /

-0.14 (-0.03%)

COST Costco
$455.41 /

-0.14 (-0.03%)

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