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Costco's measures are meant to cushion the effects, but an extended strike will likely lead to increased costs and limited availability of some items, particularly non-essential holiday goods.
As of 10:51 a.m. ET Friday, the stock was down 1.5% after having fallen by as much as 3% earlier in the session. The parking lot outside a Costco store Image source: Costco.
While Costco warehouses don’t open on New Year’s Day, the retailer’s doors will be open to customers the day before—New Year’s Eve. Last year, stores operated from 8:30 a.m. to 5 p.m. on ...
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Costco Wholesale (NASDAQ: COST) stock didn't have one of its better trading sessions on Monday. Like its retail industry peers, it's staring into the face of a potentially damaging labor action ...
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Costco's profits also soared as gross margin improved from 10.3% to 10.8%, and its membership fees, which essentially go straight to the bottom line, rose by 8% to $1.12 billion. As a result ...