Holiday Cheer for Costco: Customers Expected to Spend More

Costco (NASDAQ:COST) has good reason for holiday cheer.  A survey of the 2011 shopping seasons suggests that customers will spend more there than in previous years.  Other stores don’t fare as well: Companies such as Best Buy Co. (NYSE:BBY), RadioShack (NYSE:RSH) and Gap (NYSE:GPS) are expecting more modest crowds.

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Following is some information on the stock price performance of these companies.

  • Costco (NASDAQ:COST): The shares recently traded at $85.98, up $2.25, or 2.69%, on the day.  The shares have traded in a 52-week range of $62.50 to $86.34 and its market capitalization is $37.22 billion.  About the company: Costco Wholesale Corporation operates wholesale membership warehouses in multiple countries.  The Company sells all kinds of food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, as well as other goods.
  • Best Buy Co. (NYSE:BBY): The shares recently traded at $27.48, up $0.83, or 3.11%, on the day.  The shares have traded in a 52-week range of $21.79 to $45.63 and its market capitalization is $9.96 billion. About the company: Best Buy Co., Inc. retails consumer electronics, home office products, entertainment software, appliances and related services through its retail stores, as well as its web site.  The Company also retails pre-recorded home entertainment products through retail stores.
  • RadioShack (NYSE:RSH): The shares recently traded at $12.05, up $0.35, or 2.99%, on the day.  The shares have traded in a 52-week range of $10.68 to $21 and its market capitalization is $1.2 billion.  About the company: RadioShack Corporation operates a chain of retail consumer electronics goods and services stores located throughout the United States and Mexico, along with wireless phone kiosks in the US, and dealer outlets worldwide.  The Company offers consumers wireless phone and other electronic products and services from national brands and exclusive phone brands and wireless carriers.
  • Gap (NYSE:GPS): The shares recently traded at $19.45, up $0.81, or 4.35%, on the day.  The shares have traded in a 52-week range of $15.08 to $23.73 and its market capitalization is $9.92 billion.  About the company: The Gap, Inc. is an international specialty retailer operating retail and outlet stores.  The Company sells casual apparel, accessories and personal care products for men, women, and children.  The Gap operates stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan.

(Note: Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

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