Fitness financials: Iconix leads small-cap volume, plus Costco

Iconix Brand Group was among the most actively traded companies in Feb. 3 trading among companies with market capitalizations under $1 billion, while Costco's January sales dipped and the company said it foresees a weak Q2.
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Iconix leads small-cap volume

Iconix Brand Group (Nasdaq: ICON), parent of Danskin Fitness, was among the most actively traded companies in Feb. 3's trading among companies with market capitalizations under $1 billion.

Its shares reached a high of $8.09 and closed at $7.96, $0.11 higher than the previous day. Volume for the day was 929,300. Its 52-week range is $5.11 to $22.80.



Costco's January sales dip, foresees weak Q2


Costco Wholesale (Nasdaq: COST) reported a 2 percent drop in same-store sales for the month of January. It added that its second-quarter earnings per share will be substantially lower than the consensus estimate.

It said January sales were affected by flat domestic sales and a 9 percent decline overseas, hurt by the strengthening dollar. Total sales for the month declined to $5.10 billion from $5.11 billion a year ago.

Costco now expects earnings for its fiscal second quarter to miss a $0.70-per-share estimate, but it did not provide more specifics.

It also said it will not provide earnings guidance for the rest of the fiscal year.

--Compiled by Wendy Geister

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