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Successful Dr.FORHAIR's hair loss shampoo launch leads to renewed one-year US Costco contract; brand sold 18,000 units of Folligen Original Shampoo at 50 US locations within just three weeks of its first offline launch of the product

Costco may start serving its rotisserie chickens in plastic bags with handles instead of clear plastic containers with black bottoms, according to an apparent Costco memo published on Reddit; memo says bags will offer a 75% reduction in plastic

Costco misses Q2 revenue expectations amid negative impact of lower gasoline prices, down about 3.5% year-over-year; company has also seen lower demand for higher-margin goods, such as appliances, home furnishings, electronics for past several quarters

BMO raises Costco's target price by US$30 to US$800 on steady market share growth, stable profit from annual subscription fees; Costco setting new highs in that metric, as shoppers are renewing annual commitments at 93%

Zacks: Costco's fiscal Q2 earnings beat estimate and sales fall short, but both metrics improved year-over-year; e-commerce sales showed sharp rise, while comparable sales displayed decent improvement, with growth rate accelerating on sequential basis

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