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Costco Slips, Eli Lilly Rises, RH Tumble on Trump Tariffs
Published 5 months, 2 weeks ago
Description
On this episode of Stock Movers:
- Costco (COST) shares slip after the retailer reported mixed 4Q results, including adj. EPS and comparable sales (excl. gas and FX) ahead of expectations, but comps decelerated from the prior quarter and global membership renewal rates declined slightly.
- Eli Lilly (LLY) rises after President Donald Trump's plan to impose a 100% tariff on branded drug imports.
- RH (W) shares tumbled after President Donald Trump announced that the US will enact new tariffs on imported kitchen cabinets, bathroom vanities and other home products next week.
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