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Between Costco and Home Depot, What Is the Top Retail Stock to Buy Right Now?
The Motley Fool· 2025-02-04 13:20
Given its proximity to many consumers, you've most likely shopped at a Costco (COST 2.65%) or Home Depot (HD -0.78%) warehouse. With combined annual revenue in the hundreds of billions of dollars, these businesses are two gigantic retailers.Due to their dominant positions, Costco and Home Depot might be on your investing radar. Of the two, what is the top retail stock to buy right now?Taking Costco for grantedCostco continues to hum along, supporting a long-running track record of steady growth. Revenue and ...
2 Top Dividend Stocks to Buy If You Have $1,000 to Invest
The Motley Fool· 2025-02-04 09:40
Buying top dividend stocks and holding them long-term can be a great approach to building your investment portfolio. It boils down to holding shares of companies that have historically provided reliable dividends (as well as dividend growth) in all sorts of market environments. The challenge, of course, is finding the right companies to invest in.The search should begin with companies that have consistent track records of financial growth. It helps if they also have considerable economic moats that are prim ...
Costco Strike Averted After Last-Minute Agreement Reached With Teamsters Union
Forbes· 2025-02-01 18:58
ToplineCostco and the International Brother of Teamsters union came to a tentative three-year contract agreement at the 11th hour, averting a strike that would have affected operations at more than 50 Costco stores starting today, according to the Associated Press.CHICAGO, ILLINOIS - JANUARY 31: Customers shop at a Costco Wholesale store on January 31, 2025 in ... [+] Chicago, Illinois. According to a company memo, the company plans to increase pay for most of its hourly workers to more than $30-per-hour. T ...
Strike averted at Costco as Teamsters reach a tentative deal
The Guardian· 2025-02-01 15:05
A strike that would have seen some 18,000 workers at Costco around the US walk off the job at midnight was averted on Saturday, with the Teamsters union reaching a tentative agreement just before the deadline.Full terms of the deal have not yet been disclosed publicly.Teamsters members employed by the retailer voted overwhelmingly to authorize a walkout last month while negotiations over a new contract stalled. Citing Costco’s surging profits, which hit $7.4bn last year, the union has called for significant ...
Costco and Teamsters union reach tentative agreement to avoid strike
Business Insider· 2025-02-01 13:30
Costco and the Teamsters union have reached a tentative deal to avoid a strike.Costco Teamsters represents 18,000 workers nationwide who were ready to walk off the job.The deal will now be presented to the union's membership for a vote, a Teamsters spokesperson told BI.Costco and the Teamsters union have reached a tentative agreement to avoid a strike, the union told Business Insider. The union said the deal would now go to its membership for a vote and that further details would follow.Costco Teamsters rep ...
Why Costco's new pay hike could backfire as union strike looms
Business Insider· 2025-01-31 22:06
Some 18,000 Costco workers might walk off the job on Saturday when their contract expires.Ahead of the deadline, Costco announced pay raises for non-union employees.That move might have unintended consequences, a legal expert told BI.The clock is ticking for Costco to strike a deal with 18,000 unionized warehouse workers threatening to strike. The company has been negotiating with the union, Costco Teamsters, ahead of the expiration of their existing contract at the end of the day on January 31.Against that ...
Costco to raise pay to $30 an hour after union workers threaten strike
New York Post· 2025-01-31 18:57
Costco Wholesale is reportedly planning to hike pay for most of its US workers to over $30 an hour after union members threatened to strike.The retailer will boost pay for its top store employees over the next three years – increasing wages by $1 to $30.20 an hour in the first year and an extra dollar in each of the next two years, according to a memo sent to Costco staff this week.Costco’s promised pay hike also includes an increase of 50 cents, to $20 an hour, for low-scale employees, according to the mem ...
Costco Grants Pay Raise To Hourly Non-Union Employees, Leaving 18,000 Union Members Waiting
Forbes· 2025-01-31 17:10
ToplineCostco announced that all employees at its non-union stores will get a pay raise, just a day before employees at its 50 unionized locations are set to go on strike, according to Bloomberg.Costco employee greeting customer and checking membership status, Costco, Florida. (Photo by: ... [+] Lindsey Nicholson/UCG/Universal Images Group via Getty Images)UCG/Universal Images Group via Getty Images Key FactsHourly pay for non-union members at the top of Costco’s pay scale will get a $1 per hour raise to $3 ...
Costco's Stock Is Near All-Time Highs, but There Could Be Trouble Ahead
The Motley Fool· 2025-01-31 09:25
Costco Wholesale (COST 1.55%) has routinely been a top retail stock to own. It's coming off a stellar performance in 2024, when its shares rallied nearly 39%. And there's good reason for that, as the company has continued to post strong, resilient growth numbers even as other retailers struggled due to rising costs.But the problem is that with the stock rising rapidly and now trading at an inflated valuation, near its all-time high, it could be ripe for a decline. And there could be a major headwind looming ...
DeepSeek Didn't Hurt Costco - But Its Valuation Might
Seeking Alpha· 2025-01-31 07:23
Costco Wholesale Corp. (NASDAQ: COST ) (NEOE: COST:CA ) is such an efficient company that even with a gross margin lower than 13%, it has been able to generate consistent shareholder value over the lastEquity Research Analyst with a broad career in the financial market, covered both Brazilian and global stocks. As a value investor, my analysis is primarily fundamental, focusing on identifying undervalued stocks with growth potential. Feel free to reach out for collaborations or to connect!Analyst’s Disclosu ...