COST
NASDAQ · Retail
Costco Wholesale Corp.
$935.47
-11.21 (-1.18%)
COST News30 articles
JCPenney Store Closures Test Mall Landlord Resilience
JCPenney's latest store closures, though a small fraction of its fleet, spotlight the challenges for mall landlords like Simon and Brookfield in managing anchor turnover and redevelopment.
Target Hits New High on Wolfe Upgrade, Retail Strategy Shift
Target surged 5.3% to a 52-week high after Wolfe Research upgraded the stock to Outperform, citing strong store execution and rising non-merchandise sales.
Costco Set to Open First Pensacola Warehouse on June 25
Costco opens its first Pensacola warehouse on June 25, entering a market with Sam's Club and BJ's. The company reported 11.6% Q3 sales growth and aims for 30+ new openings per year.
Kroger Shares Dip as Q1 Profit Misses Estimates Despite Revenue Beat
Kroger shares dropped 3% premarket after Q1 adjusted profit missed estimates by a cent, despite a sales beat. Margin pressure from price cuts and transport costs raised investor doubts.
Sam's Club Santa Clarita Fuel Station to Close for Three Months
Sam's Club's Santa Clarita fuel station will close from June 15 to Sept. 18 for upgrades, adding new pumps. The main warehouse stays open, but members need alternative gas options.
Costco Cuts Kirkland Prices on Select Items, New Florida Store on the Horizon
Costco slashed prices on some Kirkland Signature items by up to $10, aiming to drive membership renewals, while preparing to open a new warehouse in Pensacola, Florida. Q3 results showed strong sales growth.
Walmart Gains Amid Market Slump; Fuel Costs, AI, and Amazon Pose Risks
Walmart stock rose 0.97% Friday and 2.7% for the week, outperforming the S&P 500's 2.64% decline. However, a P/E ratio of 42 leaves it vulnerable to margin pressures from fuel costs, food inflation, and AI labor challenges.
Costco Gas Sales Surge 14.5% in May, Membership Fee Remains Key
Costco reported a 14.5% sales surge in May, driven by booming gasoline sales and higher prices. Net sales reached $24.01 billion, with shares climbing $16.40 to $988.75.
Walmart's Friday Slide Sets Up a Critical Monday Open
Walmart closed Friday at $115.75, down 2.65%, as cost pressures and an unchanged full-year outlook weighed on the stock. Monday's open is critical.
Wall Street Hits New Peaks as AI Momentum Drives Dell Surge
Major U.S. indices closed at all-time highs on Friday, propelled by a 32.8% surge in Dell Technologies after robust AI server earnings, while oil prices declined and inflation concerns persisted.
Dow Breaks 51,000 as Dell Surge Fuels Record May Rally
The Dow closed above 51,000 for the first time Friday, rising 0.7% to 51,032.46, as Dell shares surged 32.8% after strong earnings. The S&P 500 and Nasdaq also hit new records.
Costco Stock Dips Despite Strong Sales as Profit Misses Mark
Costco shares dropped 4.6% despite an 11.6% sales surge, as earnings missed analyst estimates and valuation concerns persisted.
Costco's Strong Sales Signal Resilient US Consumer Spending
Costco's Q3 net sales rose 11.6% to $69.15B, beating expectations, as US shoppers prioritize value. Digital sales surged 21.5% and memberships grew 4.1%.
Costco Shares Dip Ahead of Q3 Earnings Amid Valuation Concerns
Costco shares slipped 2.7% to $1,000.48 as investors weigh high valuation ahead of fiscal Q3 earnings on May 28. Analysts forecast $4.98 EPS on $69.61 billion revenue.
US Futures Advance Post-Holiday; AI Chip Stocks Rally, Iran Talks Eyed
US stock futures climbed Tuesday, with chip stocks rallying as markets reopened after Memorial Day. Investors eye Iran talks and consumer confidence data.
DJIA at 130: Nvidia, Visa, P&G Lead Dividend Growth Amid Bond Market Jitters
The DJIA turns 130 as Nvidia, Visa, and P&G are highlighted for dividend growth. Bond yields surge on inflation fears, raising stock market concerns.
Oil Surge on Iran Strikes, Fed Policy Jitters Weigh on Markets
U.S. stock futures edged higher Tuesday but gains faded as Brent crude surged over 2% to $98.21 on new U.S. strikes in Iran, raising inflation fears and Fed uncertainty.
Wall Street Eyes PCE Data After Dow's Record Close
The Dow hit a record high ahead of a holiday-shortened week, with all eyes on Thursday's PCE inflation report. Oil prices slid on progress in Iran negotiations.
Walmart Stock Slips Despite Strong Quarter as Fuel Costs Weigh
Walmart shares closed Friday at $120.27, down 0.9%, as strong Q1 revenue growth failed to offset investor concerns over fuel costs and a cautious profit outlook.
S&P 500 Logs 8th Weekly Gain as PCE Inflation Looms
The S&P 500 notched its eighth straight weekly gain, and the Dow closed at a record. Investors now await April PCE inflation data and a compressed trading week.
S&P 500 Notches Eighth Straight Weekly Advance; PCE Data in Focus
The S&P 500 rose for an eighth straight week, and the Dow hit a record close. Investors now await Thursday's PCE inflation data, with bond yields and geopolitical risks in focus.
Kroger Stock Climbs as CEO Focuses on Price Strategy
Kroger shares gained 3.8% in midday trading Tuesday, outpacing Walmart and Costco, as investors focus on new CEO Greg Foran's pricing strategy.
Costco Shares Surge to Record as April Sales Surpass $23.9 Billion
Costco shares closed at a record $1,076.47, buoyed by a 13% jump in April net sales to $23.92 billion. The market now focuses on the company's fiscal Q3 earnings due May 28.
Costco Shares Surge Amid Consumer Caution; Valuation Stays Elevated
Costco shares climbed to $1,064.98 as April sales rose 13% to $23.92B. The company raised its dividend and will report fiscal Q3 earnings on May 28.
Target's Rally Hits a Wall as Earnings Prove Crucial
Target shares dropped 5.44% Monday, the steepest decline since August, as the market demands tangible proof of a turnaround ahead of the May 20 earnings report.
Celsius Stock Tests Lows as PepsiCo Partnership Faces Earnings Scrutiny
Celsius Holdings shares trade near a 52-week low before Q1 earnings, with investors focused on PepsiCo partnership execution and portfolio expansion results.
Walmart vs Costco: Ad Revenue Surge Reshapes Retail Stock Battle
Walmart's ad business surges 46% to $6.4B, while Costco's membership renewals stay above 89%. The stock fight highlights shifting profit engines.
New England States Target Self-Checkout with Legislative Caps
Massachusetts lawmakers advance a bill capping self-checkout stations at eight per store, with similar proposals in Rhode Island and Connecticut.
Walmart's China Growth and Express Delivery Bolster Trillion-Dollar Valuation
Walmart's stock holds above $129, maintaining a $1 trillion market cap, driven by strong China growth and new one-hour delivery options at Sam's Club.
Costco Faces Growing Pressure Over Tariff Refund Transparency
House Democrats are pressing Costco and other retailers to clarify how tariff refunds will reach consumers, while a class action lawsuit demands payback. COST shares last traded at $1,011.15.