Valued at a market cap of $434.2 billion, Costco Wholesale Corporation (COST) is a leading American multinational retailer operating a chain of membership-only warehouse clubs. Founded in 1983, Costco has grown into one of the world's largest retailers and is headquartered in Issaquah, Washington.
The retail behemoth is set to unveil its fiscal Q3 earnings results on Thursday, May 29. Ahead of this event, analysts project the retail giant to report a profit of $4.25 per share, up 12.4% from $3.78 per share in the year-ago quarter. The company has beaten Wall Street's bottom-line estimates in two of the past three quarters, while missing on another ocassion.
