COST
NASDAQ · Retail
Costco Wholesale Corp.
$961.10
-0.75 (-0.08%)
COST News30 articles
Global Markets Wary as Iran Tensions Persist; European Stocks Flat
European shares were little changed on Friday as investors remained cautious over unresolved U.S.-Iran tensions, while Salesforce rallied on a bullish JPMorgan note and GB Group tumbled on a revenue warning.
Smaller Staples Stocks Propel XLP ETF Past S&P 500
The Consumer Staples Select Sector SPDR ETF (XLP) rose 1.08% on August 13, outpacing the S&P 500 by 0.38 percentage point, driven by strong gains from smaller holdings.
Target Hits 52-Week High as Back-to-School Strategy Gains Traction
Target (TGT) closed at a 52-week high of $152.02, up 1.55%, as investors bet on a strong back-to-school season. The stock now trades 12% above analysts' average target, raising stakes for upcoming earnings.
Costco's July Sales Rise 10.7%, But Valuation Concerns Cap Stock Gains
Costco's July sales climbed 10.7% to $23.12B, but shares were flat as the market weighs a rich 47.7x P/E against steady comps of 6.6%. Analysts' $1,090 target implies a 48x forward multiple.
Walmart's Q2 Margin Expansion Faces Investor Scrutiny
Walmart heads into its Aug. 20 earnings with a growth-stock valuation, but margin expansion and e-commerce profitability will be key tests.
Costco's Path to $1 Trillion Hinges on Sustaining Premium Valuation
Costco trades near $423B market cap, needing 136.5% growth to hit $1T. Sustaining its premium P/E ratio is critical as earnings growth alone may not suffice.
Costco Shares Jump 3.6% on Staples Rally, Valuation Exceeds 50x Earnings
Costco shares climbed 3.6% to $986.08 on a broad staples rally, but the stock's trailing P/E of 49.6x is well above its 10-year median. June comparable sales rose 7.0%, driven by 21.5% digital growth.
Walmart's Valuation Test: Private-Label Push Faces Scrutiny After 4% Weekly Drop
Walmart shares fell 4.2% for the week, raising questions about its premium valuation. The retailer's private-label growth strategy faces a key test.
Costco Gas Savings: $65 Membership Recouped in 102 Gallons
A review of Costco's fuel pricing indicates members can offset the $65 annual fee after purchasing 102 gallons, underscoring the value of its gas program.
Walmart's COO Shift Tests Premium Valuation as Stock Edges Higher
Walmart shares edged up 0.3% last week, outperforming the S&P 500's 1.6% decline, as a leadership change puts its premium valuation under the microscope.
Cramer Backs Walmart as Q2 Forecast Tests $642 Billion Valuation Gap
Jim Cramer calls Walmart's recent dip an incredible buying opportunity. The retailer's Q2 forecast requires profit growth to outpace sales, while its $642B valuation gap highlights market bets on e-commerce and ad revenue.
Costco's Low Churn Strategy Justifies Premium Valuation, RBC Says
Costco's low employee turnover and high membership renewal rates create a retention moat, but its 46.5x P/E ratio is a significant valuation hurdle, according to RBC Capital.
Semis Rebound; Micron's $250B US Bet Fuels AI Rally Despite Oil Jitters
Micron's massive US investment plan boosted AI-chip stocks, with the Nasdaq climbing 1.3%. Oil prices fell, easing inflation fears, but geopolitical risks remain.
Memory and Chip Stocks Lead Market Rally Beyond Nvidia
Memory and chip stocks led a broad market rally, with Micron's huge U.S. investment boosting AI supply chain names. Risks from inflation and Fed policy persist.
Costco Shares Slip as June Sales Growth Decelerates; Investors Eye Key Test
Costco shares dropped 4% after June comparable sales growth eased to 7.0% (ex-gas/forex), even as net sales hit a 2026 high of $29.24 billion. Analysts eye valuation risks.
Costco's P/E Multiple Nearly Triples Dollar General's: Bernstein Picks Both
Bernstein names Costco and Dollar General as top retail picks for the second half of 2026, with Costco trading at a P/E nearly three times that of Dollar General.
Sam's Club Open on July 4, Targets Costco Shoppers with Discounted Memberships
Sam's Club is open on July 4, offering discounted memberships to attract Costco shoppers. The move could help Walmart boost membership revenue, which rose 5.6% last quarter.
July 4 Store Hours: Walmart, Target Open; Costco Shutters
Major retailers like Walmart, Target, and Home Depot stay open on July 4, while Costco closes. NRF projects record food spending and AAA forecasts 72.2 million travelers.
Sam's Club Tops Costco in Rotisserie Chicken Taste Test, Boosts Walmart's Traffic
Consumer Reports ranked Sam's Club higher than Costco in a rotisserie chicken review. Walmart (WMT) holds two of six top picks, boosting traffic.
Sam's Club Rotisserie Chicken Tops Costco in Taste Test, Giving Walmart a Pricing Edge
Consumer Reports ranked Sam's Club Member's Mark rotisserie chicken higher than Costco's Kirkland Signature, with both priced at $1.66 per pound, giving Walmart a pricing edge.
Walmart Slumps 4% on Weak Sales Data, $38B Market Cap Erased
Walmart shares tumbled 4.2% after Cleveland Research reported weaker U.S. comparable sales trends, erasing $38 billion in equity value. The selloff was stock-specific, with other retailers trading flat or higher.
Walmart's $42 Billion Market Cap Wipeout Raises Ad Revenue Questions
Walmart's stock tumbled 4.7%, wiping out $42 billion in market cap, as investors weigh the impact of its ad push against core retail headwinds.
Sam's Club Rotisserie Chicken Tops Consumer Reports, Challenging Costco's Iconic $5 Deal
Sam's Club has been named the top pick for rotisserie chicken by Consumer Reports, edging out Costco on price and taste, as Walmart's club segment posts strong Q1 results.
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.