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Title: Muslim Employee Threatens Costco with Lawsuit Because They Sell Pork, How They Responded? Epic
Source: [None]
URL Source: http://americanoverlook.com/muslim- ... -how-they-responded-epic/38432
Published: Mar 8, 2015
Author: .
Post Date: 2015-03-08 00:24:26 by James Deffenbach
Keywords: None
Views: 258
Comments: 2

In America everyone has the right to practice whichever religion they decide. And for Jean Camara, Islam was his religion. And Muslims don’t eat pork.

Even though he knew that Costco sells alcohol and pork products in their stores, Camara applied for a job at the store. But when he was assigned to manage the pork conveyor belt, he refused on this basis of his religion.

Costco understood his complaint and promptly transferred him to another department. Instead of working with pork, Camara would collect the shopping carts in the parking lot and bring them back to the store.

But Camara wasn’t happy with the job pushing carts. He saw it as a demotion even though he had been the one who asked to be transferred. He asked his bosses if he could be transferred again, but they refused.

After 16 days of consistent bad attitude from Camara, he was fired from his cart pushing job at Costco. Being fired enraged the Muslim employee because he thought he was fired for being Muslim.

“Just because you have a different belief, that doesn’t give anybody the right to treat you different,” Camara told reporters, according to Conservative Tribune. “We all share different beliefs so we all should be treated equally no matter what belief we have.”

But the facts are clear. Costco (which is notoriously good to its employees) did not fire Camara because of his religion. If anything they were more than accommodating by transferring him away from the pork products. Camara was fired for complaining and having a bad attitude.

We can only hope his lawsuit against Costco is thrown out quickly.

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#1. To: James Deffenbach (#0)

That's interesting. As an entry level employee he probably should have been collecting carts anyway.

We can only hope his lawsuit against Costco is thrown out quickly.

Not sure I'd hold my breath on that, since when are the courts laden with common sense and a true sense of justice.

Katniss  posted on  2015-03-08   10:05:11 ET  Reply   Trace   Private Reply  


#2. To: James Deffenbach (#0)

Costco doing quite well financially these days:

Analysts Weigh In On Costco Following Stellar Q2 2015 Mar. 8, 2015 TipRanks

By Carly Forster

Wholesale retailer Costco (NASDAQ: COST) announced its second-quarter fiscal 2015 financial results on Thursday, March 5th, posting one of its strongest quarters in recent years.

Highlights from the report include earnings of $1.35 per share, beating analysts' consensus estimate of $1.18 per share and up from $1.05 the same quarter a year prior. Revenue was reported at $27.45 billion, marking a 4% increase year-over-year.

Costco profited from a tax benefit of $57 million, or $0.13 a share, from its special $5 cash dividend in February. However, the company was also negatively impacted by $14 million, or $0.03 a share, due to "an ongoing income tax matter," according to Costco's CFO, Richard Galanti.

Many believe Costco's exceptional quarter was driven by the fall in gas prices. The company was slower to change the price of fuel it charged customers than the rate in which fuel costs were dropping. In addition, consumers were left with more money to spend.

In other Costco news, the company revealed on March 2nd that it will replace American Express as its only accepted credit card to Citigroup Inc. and Visa Inc. starting in April 2016.

On March 6th, Cowen and Company analyst Oliver Chen maintained an Outperform rating on Costco with a $165 price target following the company's stellar Q2 results. He noted:

"We believe Costco is well positioned to continue delivering double-digit earnings growth over the near to medium term driven by square footage growth, steady membership revenue growth and positive same-store sales comps. Costco's higher income customer base (average household income of approximately $96,000) is faring better economically than low- to middle-income consumers, who continue to struggle with wage growth. We believe superb price/value, luxury product and streamlined assortment helps drive a sustainable high-margin membership stream."

Overall, Oliver Chen has a 51% success rate recommending stocks and a +11.8% average return per recommendation. He has rated Costco 3 times since February 2013, earning a 50% success rate recommending the company and a +6.4% average return per COST recommendation.

Separately on March 6th, UBS analyst Michael Lasser issued a Hold rating on Costco with a price target of $153 (now about $150). He reasoned:

"With MFI coming in slightly below UBS and the Street, COST again beat expectations by a comfortable margin on retail operations. Excluding MFI, COST's operating income was $295 mm, 30 percent ahead of our estimate of $227 mm due to the gross margin beat. GM was the highest it has been since 1Q'11. We think it likely continued to benefit from lower fuel prices and the resulting impact on mix, as well as from COST's ability to keep a bit more of the margin on fuel."

Michael Lasser has an overall success rate of 72% recommending stocks and a +15.6% average return per recommendation. He has rated Costco twice with Neutral ratings since December 2014, earning no success rate nor average return.

On average, the top analyst consensus for Costco on TipRanks is Hold. Source: Analysts Weigh In On Costco Following Stellar Q2 2015

Check out Seeking Alpha’s new Earnings Center

http://seekingalpha.com/article/...following-stellar-q2-2015

Costco Wholesale Corporation (Costco) is engaged in the operation of membership warehouses in the United States (U.S.) and Puerto Rico, Canada, United Kingdom (U.K.), Mexico, Japan, Australia, Spain, and through majority-owned subsidiaries in Taiwan and Korea. The Company operated 663 membership warehouses and an average warehouse is approximately 144,000 square feet. The Company’s warehouses generally operate on a seven-day, 69-hour week. The Company’s product categories include Food, Sundries, Hardlines, Fresh Food, Softlines, Ancillary and Other. The Company’s online business provides products, which include services, such as photo processing, pharmacy, travel, business delivery, and membership services.

Tatarewicz  posted on  2015-03-09   5:46:06 ET  Reply   Trace   Private Reply  


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