March 5, 2015 6:58 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
(NASDAQ: COST) reported stronger-than-expected earnings for the fiscal second quarter.The Issaquah, Washington-based company posted a quarterly profit of $598 million, or $1.35 per share, versus a year-ago profit of $463 million, or $1.05 per share. Its total revenue gained 4.4% to $27.45 billion, while sales surged 4.3% to $26.87 billion. However, analysts were estimating a profit of $1.18 per share on revenue of $27.65 billion.Its revenue from membership fees climbed 5.8% to $582 million, while merchandise costs rose 3.7% to $23.9 billion in the same period.Costco's same-store sales climbed 2% in the quarter. U.S. same-store sales gained 4%.Richard Galanti, Chief Financial Officer said, "Net income was positively impacted by a $57 million ($0.13 per diluted share) tax benefit in connection with February's special cash dividend to the extent received by the Company 401(k) plan participants. In addition, this quarter's net income was negatively impacted by a $14 million ($0.03 per diluted share) tax charge relating to an ongoing income tax matter."Costco shares fell 0.14% to close at $147.17 yesterday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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