I have some Costco stocks (COST) and I bought more before the earnings report (March 7th).
From the report we know the EPS is more than expected.
But the revenue is less…
I was really suprised because of the -7% stock price.
What do you think about the COST stock price? Will it grow in the next months to the same hights?
Additional: on March 15th Richard Galanti (the CFO of the company) will step down. I don’t think it will couse rapid things in the stock price but who knows?! What do you think?
