What Costco's Earnings Mean For Mutual Fund Investors (COST)

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Find the latest content and information here about the 2019 Charles Schwab Impact Conference.


Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

Costco Wholesale logo


What Costco's Earnings Mean For Mutual Fund Investors (COST)

Shauna O'Brien Mar 05, 2015

Before Thursday’s opening bell, Costco (COST) released its second quarter financial results. Here’s what the results mean for mutual fund investors.

Inside COST’s Results


Costco reported earnings of $598 million, or $1.35 per share, up from $463 million, or $1.05 per share, last year. On average, analysts expected to see EPS of $1.18.

Revenue increased to $26.87 billion from $25.76 billion last year. Analysts expected to see revenue of $27.7 billion.

Costco Benefited From Lower Fuel Costs

Costco, which is the second largest U.S. retailer behind Wal-Mart (WMT), reported a 29% increase in quarterly profits in its second quarter. The company, which is one of the largest fuel retailers, benefited from lower fuel costs and tax benefits. In the last 12 months, shares of Costco have increased 29%, while Wal-Mart shares have increased only 13%.

The company has certainly benefited from favorable fuel costs, but the spotlight has been on its terminated deal with American Express. This week, COST announced that it will switch to exclusively accepting Visa cards in 2016.

Mutual Funds to Watch

Investors interested in COST may consider a mutual fund as an alternative to owning the individual stock. The funds below currently hold the largest stakes in COST.

The Bottom Line

The funds listed above allow investors to gain exposure to COST while remaining diversified. Investors interested in COST may also be interested in Wal-Mart (WMT) or Target (TGT).

If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Popular Articles

Download Our Free Report

Why 30 trillion is invested in mutual funds book