Costco profit warning heightens spending fears
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Costco Wholesale Corp. COST.O on   Wednesday warned of lower-than-expected quarterly profit   because of disappointing gross margins and a tax reserve,   sending its shares down nearly 5 percent.
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Does Costco overpay its employees and undervalue its shareholders?
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Some shoddy reports trickling in Thursday night threw a wrench into an otherwise uneventful second-quarter earnings season for retailers. At least one analyst thinks its a harbinger, as consumers get cautious about spending money on anything that isn&#39;t ...
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U.S. stocks were little changed on   Wednesday after a profit warning by Costco Wholesale Corp.   COST.O raised concerns about consumer spending, while U.S.   second-quarter economic growth was revised upward.
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The retailer, led by the hedge fund manager Edward Lampert, warned that falling sales would force it to post fourth-quarter earnings well below analyst estimates.
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Music and books retailer HMV warns that "difficult" market conditions will squeeze profits.
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Sichuan Changhong Electric Co&#39;s warning of an annual loss has caused many investors to worry about earnings for other listed companies this year.
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Shoppers are wary about High Street spending despite August's better weather, the latest sales figures show.
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Net profits for Costco Wholesale Corp. surged by 24 percent in its most recent quarter the company reported yesterday, boosted by changes in worker compensation rules in California.
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Business & money: Leading stores forecast shortfall in year's profits after shoppers cut back on festive spending
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Colgate-Palmolive Co. CL.N on Monday  issued its first formal profit warning in almost a decade,  saying earnings will fall well short of Wall Street forecasts  due to higher marketing spending, sending its shares down 11  percent to a four-year low.
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Jeweller Tiffany posts a profit warning, amid fears that the cooling economy will hit high-end consumers.
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Costco Wholesale Corp.  posted a better-than-expected 10 percent rise in quarterly profit on Thursday, helped by a big jump in membership fees, sending its shares up more than 1 percent.
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Cott Corp., the world&#39;s biggest maker of store-branded soft drinks, said 2004 profit may fall below forecasts because of higher energy and aluminum costs to make cans.
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Wall Street slid in early trading after a profit warning from Capital One raised concerns about a spread of the turmoil in the credit markets.
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Two of the region&#39;s best-known retail brands -- Costco Wholesale Corp. and Nordstrom Inc. -- bucked a national trend of lukewarm sales in September and posted significant gains over the same period last year.
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Sears reported profit that trailed analystsâ estimates while earnings at Costco Wholesale fell 4.9 percent on the cost of a new return policy.