Reported 12 days ago
Michael Lasser, a UBS retail analyst, discusses key metrics to watch in the upcoming earnings reports of Costco and AutoZone. He emphasizes the importance of membership fee income for Costco, which constitutes a significant portion of its profits, and how the company's margins are trending. Lasser notes that Costco is gaining market share from various competitors due to its value proposition, while AutoZone's stock is reflecting investor confidence in its sustainable growth despite a recent earnings miss.
Source: YAHOO