Should you buy Costco shares on the post-earnings weakness?
Costco Wholesale Corporation (NASDAQ: COST) opened about 5.0% down on Friday even though the big box retailer reported better-than-expected profit for its fiscal fourth quarter. Are Costco shares worth buying here? The stock is down primarily on the core gross margin that lost 26 basis points, suggesting the Issaquah-headquartered company failed to pass on “all”
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