Last quote about Costco

I don't want to buy a bad apple. I'd rather spend the time and pick out my own produce. It saves me time. I can get my bananas, apples and pears at the fruit stand up the street and I'm in and out in two seconds.
Mar 22 2017
“Costco seems poised for a major turnaround in its same-store sales, and when you throw in the potential for higher membership fees and a possible special dividend, this stock gets too attractive to ignore.” said Jim Cramer speaking about Costco. It’s one of the 32 quotes about Costco you can find on this page. 20 people have said something about this topic. Among them: Kenneth Chenault, Matthew Fassler and Kate McShane. Browse the quotes by date and by name to find those that are relevant to you.
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Jim Cramer

Even without these two positives, Costco is suddenly doing very, very well.

Kate McShane - Citi

We see a clear path to accelerating SSS [same-store sales] growth in FY17 via the abatement of headwinds from gasoline price deflation, food deflation and tobacco SKU reductions as well as the benefit from the new co-branded credit card and potential US tax changes that are likely to be particularly favorable for COST's affluent customer. Given the stock's now-reasonable valuation, we are upgrading COST.

Charlie O'Shea

You go in there, and the classic example [is], I went in to buy this, and I spent 400 bucks. I find it very hard to find anything negative to say about Costco.

Jim Cramer

People don't want tuna and good taste. They want good taste and tuna. And FANG represents those stocks they know are going to do numbers.

Jim Cramer

My problem with these is they're going to have really good earnings and didn't need Trump. I want companies with really good earnings that will be boosted by Trump.

Donald J. Trump

A growth stock that the numbers go up very big in 2017 if you get tax reform versus just the typical FANG good numbers. ...I like a company that can cut numbers – I can raise numbers dramatically off deregulation, off corporate taxes, off of repatriation.

Stuart Shamis

We are confident that Costco has complied with the legislation and the regulations and we intend to co-operate fully with the inspection.

Greg Melich

We believe BBY has benefited from two secular trends: a mix shift to smartphones away from CE [consumer electronics], and a shift towards higher margin large panel TVs and 4K TVs. With smartphones reaching saturation levels in the U.S. and our thesis that we are at the beginning of another channel shift in TVs towards discounters, clubs and online, we believe the risk-reward on BBY has shifted to the downside.

Greg Melich

With smartphones reaching saturation levels in the U.S. and our thesis that we are at the beginning of another channel shift in TVs towards discounters, clubs and online, we believe the risk-reward on BBY has shifted to the downside.

Jim Cramer

If you project this relationship forward given the recent strength in the dollar, Williams thinks that Costco could be on the verge of a significant rally.

Jim Cramer

When the technical and the fundamentals align, that is often a sign that you've got a good idea on your hands, so if you don't own Costco, I'd recommend buying some at these levels and then waiting for the next market-wide pullback to buy more.

Bill Carcache - Nomura Securities

[American Express] has always said that you have to spend money to make money.

Jason DeLeeuw - Piper Jaffray

[American Express] continues to work its way through company-specific challenges, but its high return business model still benefits from the attractive relative growth of the payments/card industry.

Kenneth Chenault

The year-to-date progress gives us greater confidence to substantially increase our investment spending during the remainder of the year and, at the same time, raise our 2016 earnings guidance.

Kenneth Chenault

While there's more work and more challenges ahead, the investments we're making are designed to position us for profitable, sustainable growth over the longer term, and we remain on track to earn at least $5.60 per share in 2017.

Kenneth Chenault

During the quarter, we again made substantial investments in marketing and technology to help grow the business. At the same time, operating expenses continued to be well managed.

Matthew Fassler - Goldman Sachs Group

Costco has high-visibility catalysts for 2017, and we expect investors to focus on them as we make our way through mid-year. These include the transition to a new credit card and a prospective member fee rate hike.

Chris Donat - Sandler O'Neill & Partners

They sure have a long way to go in terms of replacing the Costco business that's going to go off their books in the second quarter. I think it should trade at a higher multiple than it is now. Right now it's around 12 times forward earnings. ... This is a great franchise. It's a trusted brand. It's well positioned for how the payments world evolves in a lot of ways.

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Quotes about Costco

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