Costco, FedEx, DocuSign and more

FedEx (FDX): The delivery company announced cost-cutting measures and rate hikes after warning in preliminary fiscal first-quarter results of weakening demand. FedEx released its fiscal first-quarter results in an 8-K before the close of trading Thursday, sending shares up 0.8%. The company outlined plans to save up to $2.7 billion in fiscal 2023 and up … Read more

Costco Stock: Costco Earnings Due Amid Membership Price Hike Buzz

Costco Wholesale (COST) will report fourth-quarter results Thursday as investors wait to see whether the warehouse club will raise membership prices and has continued to weather cost pressures better than its big-box peers. Costco stock was down early Tuesday. X With the bulk of Costco’s profits coming from its membership model, the warehouse retailer seems … Read more

Costco Stock Knocked Lower Ahead Of Quarterly Results; FedEx Warns, Shares Dive

Investors sent shares of FedEx (FDX) sharply lower Friday when the company pre-announced weak earnings and sales. CEO CEO Raj Subramaniam said he expects the economy to enter a “worldwide recession.” Wall Street will be hoping for a different tune from retail stocks like Costco (COST) and Darden Restaurants (DRI) ahead of upcoming earnings reports. … Read more

Earnings week ahead: FedEx, Costco, AutoZone, General Mills, Lennar, KB Home and more

Pgiam/iStock via Getty Images The pace of earnings releases starts to pick up steam as investors move deeper into September. A number of closely followed companies in retail, e-commerce, cannabis, homebuilding, transportation and leisure are all set to report next week. FedEx (NYSE:FDX) headlines the list of big-name firms announcing their results, although much of … Read more

Costco May Have a Huge Workers Problem

Costco  (COST) – Get Costco Wholesale Corporation Report has famously been a good place to work. It even paid its employees $15 an hour way before most places.  Glassdoor is a website where employees can rate their jobs by salaries, interviews, and benefits by providing photos and reviews. Costco has more than 13,000 ratings on the website, with 80% of … Read more

Costco Earnings: Will Big-Box Giant Offer Hope For Consumer Spending?

Costco Wholesale (COST) reports fiscal third-quarter earnings on Thursday night, with investors looking for evidence that  the membership-based warehouse club is handling cost pressures and wavering consumers better than peers. Costco stock itself is trying to bounce back from a sharp sell-off in recent weeks. X With concerns over rising prices, supply chain holdups and … Read more

Nvidia, Macy’s, Zoom, Costco, Snowflake, and Other Stocks to Watch This Week

Text size Uncredited First-quarter earnings season winds down this week, but with more than a dozen S&P 500 companies left to report. Economists will be watching the latest Federal Reserve meeting minutes and data on consumer earnings and spending and business investment. Advance Auto Parts and Zoom Video Communications will be Monday’s highlights, followed by … Read more