NASDAQ:COST

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Costco October Sales Jump 12.6% as Digital Growth Remains Strong

Costco Wholesale (Nasdaq: COST) reported October net sales of $24.50 billion, up 12.6% from $21.75 billion a year earlier.

Comparable sales increased 11.1% companywide during the four-week period. Excluding gasoline price and foreign-exchange effects, comparable sales rose 7.3%.

U.S. comparable sales increased 12.6%, while Canada rose 4.9% and other international markets gained 9.4%. On an adjusted basis excluding gas and currency, U.S. comparable sales increased 8.1%.

Digitally enabled sales remained a major growth driver, rising 22.5% year over year in October.

For the first nine weeks of the fiscal period, Costco generated $54.52 billion in net sales, up 12.8%, with total comparable sales increasing 11.3%.
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Costco September Sales Rise 13% as Comparable and Digital Sales Stay Strong

Costco reported September net sales of $30.02 billion, up 13.0% from $26.58 billion a year earlier.

Comparable sales increased 11.4% across the company, including a 12.5% gain in the U.S., 6.3% in Canada and 10.8% across other international markets. Excluding gasoline-price and foreign-exchange effects, total comparable sales rose 7.6%.

Digital momentum was particularly strong. Digitally enabled sales increased 19.0% year over year, or 19.1% excluding foreign-exchange effects.

Costco noted that the timing of Labor Day provided a modest benefit of a little more than 50 basis points to September total and comparable sales.

The results point to continued healthy traffic and spending trends across Costco’s warehouse and digital channels. The strongest signal is the combination of high-single-digit underlying comparable growth and nearly 20% digital growth, suggesting that demand remains broad-based rather than dependent on gasoline or currency effects.

For investors, the September update reinforces Costco’s defensive growth profile, with strong U.S. performance, solid international demand and continued digital expansion supporting the company’s near-term revenue momentum.
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Costco Rises 2.7% After Strong Q4 Sales and Earnings Growth

Costco Wholesale (NASDAQ: COST) shares rose about 2.7% after the retailer reported strong fourth-quarter and full-year fiscal 2026 results, supported by double-digit sales growth, higher earnings and continued strength in digitally enabled sales.

Fourth-quarter net sales increased 11.2% year over year to $93.9 billion, while total comparable sales rose 9.4%. On an adjusted basis, excluding gasoline-price and foreign-exchange effects, comparable sales increased 6.7%, with U.S. adjusted comparable sales up 7.2%. Digitally enabled sales were especially strong, rising 19.8% on an adjusted basis.

Net income for the quarter increased to $2.998 billion, or $6.75 per diluted share, from $2.610 billion, or $5.87 per share, a year earlier. Results included a $0.15-per-share benefit from IEEPA tariff refunds, partially offset by reinvestment into increased member value.

For the full fiscal year, Costco reported net sales of $297.2 billion, up 10.1%, while net income rose to $9.226 billion from $8.099 billion. The stock’s gain likely reflects the combination of resilient comparable-sales growth, strong digital momentum and solid earnings expansion.
DoorDash and Costco Expand Partnership With Nationwide U.S. Delivery Launch

DoorDash and Costco Wholesale expanded their global partnership Thursday with the nationwide U.S. launch of Costco on the DoorDash Marketplace, giving Costco members access to same-day delivery from all of the retailer’s U.S. warehouses.

Through the DoorDash app, Costco members can shop more than 4,000 products, including groceries, pantry staples, household essentials, electronics, seasonal merchandise and Kirkland Signature products. Customers can link their existing Costco membership directly to DoorDash, while non-members can purchase a membership through Costco before linking their accounts.

The U.S. rollout expands an existing international partnership between the companies that already covers Australia, New Zealand, Sweden, Iceland and Puerto Rico. DoorDash said Costco had been among the most-searched retailers that was not previously available on its U.S. marketplace.

The addition also strengthens DoorDash’s position in grocery and retail delivery. With Costco joining the platform, DoorDash now says it works with eight of the 10 largest food retailers in North America, broadening its business beyond its traditional restaurant-delivery operations.
Costco August Sales Rise 9.9% as Digital Growth Remains Strong

Costco Wholesale (NASDAQ: COST) reported another month of solid sales growth, with August net sales rising 9.9% year over year to $23.70 billion from $21.56 billion.

Comparable sales increased 8.4% companywide, including a 9.0% increase in the U.S., 4.0% in Canada and 9.5% across other international markets. Digitally enabled comparable sales were particularly strong, climbing 17.9%.

Excluding the effects of gasoline prices and foreign exchange movements, total comparable sales increased 5.4%, with U.S. comparable sales up 5.6%. The later timing of Labor Day negatively affected August total and comparable sales by just under 75 basis points.

Costco Ends Fiscal 2026 With Strong Growth

For the 16-week fiscal fourth quarter, Costco generated $93.9 billion in net sales, up 11.3% year over year, while comparable sales increased 9.4%. Full-year net sales reached $297.3 billion, representing growth of 10.2%.

Costco’s digital business remained a standout, with digitally enabled comparable sales rising 20.9% for the full fiscal year. The results point to continued strength in Costco’s membership-driven retail model and solid consumer demand heading into fiscal 2027.
Costco July Sales Rise 10.7% as Digital Growth Remains Strong

Costco Wholesale (NASDAQ: COST) reported strong July sales growth, supported by higher comparable sales in the U.S. and continued strength in its digitally enabled business.

Net sales reached $23.12 billion for the four weeks ended August 2, up 10.7% from $20.89 billion a year earlier. For the first 48 weeks of the fiscal year, net sales increased 10.1% to $273.55 billion.

## Comparable Sales Rise 8.9%

Total comparable sales increased 8.9% in July, led by a 10.3% increase in the U.S. Canada comparable sales rose 4.2%, while other international markets increased 6.0%.

Excluding fluctuations in gasoline prices and foreign exchange rates, total comparable sales increased 6.6%. On the same adjusted basis, U.S. comparable sales rose 6.9%, Canada increased 4.9% and other international markets gained 6.6%.

Costco's digitally enabled business remained one of its fastest-growing channels, with comparable sales rising 17.7%, or 18.2% excluding gasoline and currency effects.

The July figures indicate that Costco continues to generate solid underlying sales growth across its warehouse and digital operations. With 48-week net sales now more than 10% above last year's level, the results reinforce the retailer's strong sales momentum heading toward the end of its fiscal year.
Costco Stock Falls 1.7% Premarket After JPMorgan Lowers Price Target

Costco Wholesale (NASDAQ: COST) shares fell 1.7% in premarket trading on Thursday after JPMorgan lowered its price target on the warehouse retailer to $1,100 from $1,110 while maintaining its *Overweight* rating.

Why Is Costco Stock Falling Today?

The modest premarket decline followed a slight reduction in JPMorgan's price target, although the firm continued to recommend the stock with an *Overweight* rating, signaling that its long-term investment thesis remains intact.

The revised target reflects a more conservative valuation rather than a change in the company's underlying fundamentals, as the new target still implies upside from Costco's recent trading price.

Costco's Fundamentals Remain Strong

Costco continues to benefit from resilient consumer spending, industry-leading membership renewal rates, and steady traffic across its warehouse network. The retailer has also maintained strong comparable sales growth by offering competitive pricing and expanding its private-label Kirkland Signature products.

In recent quarters, Costco has continued to gain market share as consumers increasingly seek value amid a still uncertain economic environment.

What Investors Are Watching Next

Investors will continue to monitor monthly comparable sales, membership fee income, and consumer spending trends for signs that Costco can sustain its growth momentum. Market participants are also watching for any future updates regarding membership fee increases and the company's ongoing warehouse expansion plans.

While the slight reduction in JPMorgan's price target weighed on shares in premarket trading, the firm's continued *Overweight* rating suggests Wall Street remains constructive on Costco's long-term growth prospects.
Costco Shares Slip After Citi Starts Coverage With Neutral Rating

Costco (NASDAQ: COST) fell 1.3% after Citigroup initiated coverage of the warehouse retailer with a Neutral rating and a $1,020 price target.

The rating reflects a balanced view of Costco's strong business fundamentals and premium valuation. Citi acknowledged the company's industry-leading membership model, loyal customer base, and consistent execution, but suggested much of that strength is already reflected in the stock price.

Costco remains one of the retail sector's top performers, benefiting from high membership renewal rates, resilient consumer demand, and steady market-share gains. The company also generates a significant portion of its profits from recurring membership fees, providing a stable earnings base.

While Citi's price target implies some upside from current levels, investors appeared to focus on the Neutral rating, sending shares modestly lower. The reaction suggests valuation concerns may be outweighing the company's otherwise strong long-term growth outlook.
Costco Gains After Analyst Reiterates Rating Following Strong Earnings Report

Costco Wholesale (COST) shares rose about 1.4% as investors continued to digest the company's recent earnings report and a fresh analyst update from DA Davidson.

The firm reiterated its Neutral rating on Costco while maintaining a $1,000 price target, signaling confidence in the retailer's operational strength despite the stock's already premium valuation. With shares trading near $976, the target suggests analysts see limited but still positive upside from current levels.

Costco recently reported another solid quarter, supported by strong membership renewal rates, resilient consumer spending, and continued growth in e-commerce and international operations. The retailer has consistently outperformed many competitors by offering value-focused pricing, a strategy that remains attractive even as consumers navigate an uncertain economic environment.

While analysts continue to praise Costco's business model, loyal customer base, and steady cash generation, some remain cautious about valuation after the stock's strong performance over the past several years. This helps explain the Neutral rating despite the company's strong fundamentals.

Today's gain suggests investors remain confident in Costco's ability to deliver stable growth regardless of broader economic conditions. As consumers continue to prioritize value and essential spending, Costco remains one of the most defensive and reliable names in the retail sector.
Costco Slips 3% Despite Strong Earnings Beat as Investors Digest Valuation and Slowing Adjusted Comparable Sales

COSTCO fell 3% following its fiscal third-quarter 2026 earnings report, even though the warehouse retail giant delivered another quarter of double-digit sales growth, strong comparable sales and rising profitability. The pullback appears to reflect investor concerns over valuation and signs of moderating growth rather than any weakness in the underlying business.

Costco reported third-quarter net sales of $69.15 billion, an increase of 11.6% from a year earlier, while total revenue rose to $70.53 billion. Net income climbed to $2.19 billion, or $4.93 per diluted share, up from $1.90 billion, or $4.28 per share, in the prior-year period. The results continued Costco’s long track record of consistent growth and operational execution.

Comparable sales remained impressive across all major markets. Reported comparable sales increased 9.8% companywide, including gains of 9.4% in the United States, 10.7% in Canada and 11.2% in other international markets. Digital sales were particularly strong, rising 21.5% during the quarter.

However, investors appeared to focus on the adjusted comparable sales figures, which exclude gasoline price fluctuations and foreign exchange effects. On that basis, total company comparable sales growth was 6.6%, a solid result but somewhat lower than the headline figures and indicative of a more moderate pace of underlying growth.

Another factor likely weighing on the stock was valuation. Costco shares entered the earnings release near all-time highs after significantly outperforming the broader market over the past several years. With expectations elevated, even strong results may not have been enough to justify further multiple expansion.

Despite the market reaction, Costco's financial position remains exceptionally strong. Cash and cash equivalents rose to nearly $19 billion, operating cash flow increased to $11.1 billion during the first 36 weeks of fiscal 2026, and operating income climbed 12.3% year over year to $2.82 billion in the quarter. Membership fee revenue also increased to $1.37 billion, providing a stable and highly profitable recurring revenue stream.

The company continues to expand globally, ending the quarter with 931 warehouses worldwide, including seven locations in China and growing operations across Europe and Asia. Digital sales growth above 20% also highlights Costco’s increasing ability to blend its traditional warehouse model with e-commerce capabilities.

The stock's decline suggests investors were taking profits after another strong run rather than reacting to disappointing fundamentals. Costco delivered robust sales growth, expanding profits and continued market share gains, but with the shares already priced for near-perfection, the market appeared to demand an even larger upside surprise to sustain the rally.
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