Costco (COST) once again bulked up its bottom line on the back of gold bars and warehouse-friendly prices on everyday essentials.
Joe Feldman of Telsey Advisory Group told Yahoo Finance it only “makes sense it would take a pause” after the “stock has been on fire lately.” He added, “The stock also has a history of taking a breather when it reports financial news. We are not concerned, given the business remains quite solid, as evidence by the comp trend.”
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