"There's nothing wrong with Costco whatsoever. It was a perfect quarter," Jim Cramer said Friday as shares dipped from the previous day's record highs.

Gap profits were 9 times higher and Foot Locker beat estimates — unlikely winners in Q1 retail earnings. But, this says more about the companies than consumers.

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

We're raising our price target on Costco after the retail giant delivered another business-as-usual quarter.

The department store operator stuck by its full-year forecast despite the miss.

Gap has been in the midst of a turnaround under CEO Richard Dickson, who has focused on better marketing and storytelling for the company's portfolio of brands.