(Finance) – The stock is moving upwards Costco Wholesale with a modest profit of +0.63%.
In the first quarter of 2025, the profits of the discount retailer giant rose from 1.6 billion, equal to 3.58 dollars per share, to 1.8 billion, ($4.04). On an adjusted basis, EPS came in at $3.82, versus the consensus of $3.79. Also in the period, i revenues they grew by 7.5% per year to 62.15 billion, against the 62.05 billion estimated by analysts.
Comparing the performance of the stock with theS&P 100on a weekly basis, we notice that the manager of a series of hypermarket chains maintains positive relative strength in comparison with the index, demonstrating a greater appreciation by investors compared to the index itself (weekly performance +1.25%, compared to +0.07% of theS&P 100).
For the medium term, the technical implications assumed by Costco Wholesale they are still read in a positive light. The short-term indicators highlight a slowdown in the push phase in contrast with the price trend so, at this point, the marked slowdowns in the revaluation phase approaching 1,012.3 USD should not be surprising. The most immediate support is estimated at 971.3. Expectations are for an adjustment phase aimed at eliminating medium-term excesses and ensuring an adequate turnover of operating currents with a target of 948, to be achieved in a reasonably short time.