Costco shares down on fears of grocery delivery eating into margins – Reuters


Reuters
Costco shares down on fears of grocery delivery eating into margins
Reuters
(Reuters) – Shares in Costco (COST.O) fell 6 percent on Friday after the retailer reported a decline in quarterly gross margins and underlined the growing competition in the industry by launching new grocery delivery services. The membership-based
Shrinking margins cloud Costco’s profit beat, shares fallCNBC
Costco Wholesale Corporation – COST – Stock Price Today – ZacksZacks Investment Research

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