COST
NASDAQ · Retail
Costco Wholesale Corp.
$996.43
-0.15 (-0.02%)
COST News20 articles
Costco Holds Cash, Focuses on Digital Growth After Strong Quarter
Costco posted quarterly sales of $68.24 billion and net income of $2.04 billion, exceeding forecasts. The company holds $17.38 billion in cash but has no immediate plans for a special dividend, focusing instead on warehouse expansion and digital investments.
Costco Q2 Results Top Estimates, Eyes Tariff Refunds for Member Price Cuts
Costco Wholesale exceeded analyst expectations for its fiscal second quarter, posting strong sales and profit growth. The retailer indicated any future tariff recoveries would be used to reduce prices for members.
Costco Price Target Raised to $1,100 Ahead of Q2 Earnings Report
Evercore ISI increased its Costco price target to $1,100 ahead of Thursday's earnings, while shares trade near $1,000 amid valuation concerns. February comparable sales grew 7.1%.
Costco Price Target Raised to $1,100 as Valuation Debate Intensifies
Evercore ISI increased its Costco price target to $1,100 ahead of Thursday's earnings report, maintaining an Outperform rating. The stock traded near $1,000 as a Forbes analysis suggested the valuation appears stretched.
Costco Shares Surge on Bank of America Buy Rating Ahead of Earnings
Costco Wholesale shares gained over 2% to close above $1,010 following a Buy initiation from Bank of America. Focus turns to the retailer's upcoming quarterly report on March 5.
Markets Brace for Volatility as Middle East Tensions Escalate
Geopolitical tensions and oil supply fears weigh on markets as stocks closed February with significant monthly losses. All eyes are on the Strait of Hormuz and upcoming U.S. economic data.
Geopolitical Shock, Oil Spike, and Jobs Data Set Tense Week for Markets
Markets enter March under pressure after a deadly strike on Iran's leader triggered a key oil chokepoint closure, sending Brent crude higher. The S&P 500 just logged its steepest monthly decline since March 2025.
Costco Shares Surge Past $1,000 Mark as Bank of America Issues Bullish Call
Costco Wholesale Corporation shares gained 2.44% to close at $1,010.79, outperforming a weaker market. Bank of America reinstated coverage with a Buy rating and a $1,185 target, citing the retailer's broad consumer appeal.
Walmart Shares Dip on Cautious Outlook, HSBC Downgrade
Walmart shares declined in extended trading after the retailer issued a guarded profit outlook for fiscal 2027 and HSBC downgraded the stock to hold, citing valuation concerns.
Costco Approaches $1,020 Ahead of Key March Earnings Report
Costco Wholesale shares gained nearly 2% to close at $1,018.48 on Friday, with trading volume around 2.7 million. Investors now await the company's second-quarter earnings and February sales report scheduled for March 5.
Costco Shares Approach $1,000 Ahead of Key March Earnings
Costco Wholesale shares gained 2% to close near $1,018, outperforming retail peers ahead of the Presidents Day market closure. The next major catalyst is the company's earnings and sales report scheduled for March 5.
Kroger Appoints Walmart Veteran Greg Foran as CEO, Shares Gain Slightly
Kroger has named former Walmart executive Greg Foran as its new chief executive, with a compensation package including a $1.5 million base salary and up to $12 million in annual stock awards. Shares rose 0.4% following the announcement.
Costco Shares Retreat Amid Soft Retail Data, Eyes on Upcoming Earnings
Costco stock declined nearly 2% Tuesday, slipping below $980 as weak U.S. retail sales data weighed on sentiment. Investors now await the company's February sales update and March 5 earnings report.
Costco Shares Edge Lower Post-Market Despite Bernstein Target Hike
Costco shares dipped slightly in after-hours trading, even as Bernstein raised its price target to $1,155. Investors await the retailer's quarterly results and February sales data due March 5.
Costco Shares Retreat Amid Economic Data Watch, Bernstein Boosts Target
Costco stock declined in midday trading as investors awaited key U.S. economic reports, while Bernstein raised its price target on the retailer.
Kroger Appoints Former Walmart Executive Greg Foran as New CEO, Shares Surge
Kroger has named ex-Walmart U.S. chief Greg Foran as its new CEO, ending a year-long search. The grocer's stock rose approximately 6% in premarket trading following the announcement.
Costco Shares Surpass $1,000 Milestone as Investors Eye Upcoming Earnings
Costco stock closed above $1,000 after a 1.2% gain, with January sales rising 9.3%. The retailer's fiscal Q2 results and February sales figures are due March 5.
Walmart Reaches Historic High, Eyes on Economic Data and Earnings
Walmart shares closed at a record $131.18, buoyed by a Citi price target hike to $147. Investor focus now shifts to upcoming U.S. jobs and inflation reports, followed by the retailer's quarterly earnings.
Costco Shares Surpass $1,000 Milestone as January Sales Show Strength
Costco stock closed above $1,000 after reporting robust January sales growth. Investors are watching whether the retailer can maintain momentum ahead of its March earnings.
Walmart Soars 3% to $131 as Dow Hits Historic 50,000 Milestone
Walmart shares surged over 3% Friday, lifting its market cap near $1.05 trillion as the Dow Jones Industrial Average closed above 50,000 for the first time. Investors await the retailer's Q4 results on Feb. 19 and key U.S. economic data next week.