Costco's Cash Flow Surge, Stock Dip: A Bargain?

Costcos Q1 results show impressive growth, with revenue up 8.28% and same-store sales growing 6.4%. Free cash flow surged 58.4% YoY to $3.162 billion, and trailing twelve months, margins improved by 12.6% to 3.21%. Despite these solid fundamentals, the stock has dropped 8.7% over the past year. However, analysts predict a 36% increase in cash flow next year, implying a target price of $1,038 per share, or an 18% upside from current levels.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.