Costco Set To Deliver Yet Another Earnings Beat As Domestic Business Remains Strong

Discount warehouse giant Costco is scheduled to release its earnings for the fourth quarter and full year ending August 2015 early next week, on September 29. In the previous three quarters, Costco managed to beat earnings expectations each time, with nine-months EPS of $3.64 vs. a consensus cumulative estimate of $3.41. Despite slowing retail growth domestically and a strong dollar that negatively impacted international revenues, the company managed to cross the line with some help from one-tim...