Costco Stock Pauses Near $1,000 With Earnings On Deck
Costco shares fell 2.5% to $1,002.93 Tuesday, underperforming major retail peers ahead of Thursday’s fiscal Q3 earnings report. The company’s April net sales rose 13% to $23.92 billion, boosted by Easter timing. Options pricing signals a possible 3% stock move after results. Wall Street expects Q3 revenue of $69.47 billion and earnings of $4.92 per share.
