PREVIEW: Costco shares edge down; results due after the bell

Shares of Costco Wholesale COST.O were down 0.7% on Thurs, with the membership retailer seen reporting an increase in rev and EPS in its qtrly results after the closing bell

Analysts expect Q4 rev of $86.061 bln vs $79.697 bln in the yr-ago qtr, and EPS of $5.80 vs $5.29 a yr ago, according to LSEG

Analyst recommendations on COST include 22 "strong buy" or "buy" ratings and 15 "hold" ratings

The median 12-mo PT on COST is $1,070; the stock was last at $936.91

Costco in May missed analyst expectations for Q3 rev and said it had pulled forward shipments of some goods it had planned to import this summer to lower the impact of U.S. tariffs

In June, Lululemon LULU.O sued Costco, alleging that the wholesaler sells "knockoff" sweatshirts, jackets and pants that unlawfully copy its products

COST is up about 2% YTD vs a roughly 13% gain in the S&P 500 .SPX