Costco Wholesale Corp (COST.O)
(The following statement was released by the rating agency) CHICAGO, October 11 (Fitch) Fitch Ratings has assigned a 'AA' rating to Wal-Mart Stores, Inc.'s (Walmart) multi-tranche issuance of $6 billion two-year, three-year, five-year, seven-year and thirty-year senior unsecured notes. Proceeds will help fund the cash tender offer of up to $8.5 billion notes maturing 2019 through 2043. KEY RATING DRIVERS Significant Scale, Defensible Position Walmart's ratings reflect the operational and financi
Shares in Costco 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. | Video
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Oct 6 Costco Wholesale Corp has rolled out two new grocery delivery services this week, a new step in its efforts to fight growing competition from Amazon.com and Wal-Mart Stores Inc.
Costco Wholesale Corp's quarterly profit scraped past estimates, helped by a hike in membership fees, but a fall in gross margins fueled concerns of an intensifying grocer price war, sending shares down 3.6 percent in after-market trading.
Oct 5Costco Wholesale Corp's quarterly profit scraped past estimates, helped by a hike in membership fees, but a fall in gross margins fueled concerns of an intensifying grocer price war, sending shares down 3.6 percent in after-market trading.
Oct 5Warehouse club retailer Costco Wholesale Corp reported higher-than-expected quarterly comp sales on Thursday.
* Costco Wholesale Corporation reports fourth quarter and fiscal year 2017 operating results and September sales results
LOS ANGELES Trader Joe's and Sprouts Farmers Market Inc have been hit hardest by customer defections since Amazon.com Inc cut prices at Whole Foods, a data analytics firm said on Tuesday. | Video
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