What Costco's Amazing Earnings Show Us
Today, Fool.com analysts Blake Bos and Isaac Pino look at what Costco's earnings tell investors today. All in all, the company's earnings were excellent and also indicated that inflation may not play out to be as bad previously expected. Costco is continuing its steady-as-she goes approach to business, and it's working.
The company also saw great sales from its televisions, which could be a leading positive indicator for manufacturers.
Perhaps the best news for investors, though, is the company's hinting at a potential dividend hike in the future.
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The article What Costco's Amazing Earnings Show Us originally appeared on Fool.com.Blake Bos has no positions in the stocks mentioned above. Isaac Pino has no positions in the stocks mentioned above. The Motley Fool owns shares of Chipotle Mexican Grill, Costco Wholesale, and PepsiCo and is short Sony and has options on Sony. Motley Fool newsletter services recommend Chipotle Mexican Grill, Costco Wholesale, and PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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