Latest news with #COST
Yahoo
14-07-2025
- Business
- Yahoo
Midland Unveils Costco's Biggest Texas Store
Costco (NASDAQ:COST) just opened its biggest Texas warehouse yet in Midland, and the turnout was massive. Shoppers lined up early to explore everything from bulk snacks to oversized furniture, proof that the membership model still resonates. This year alone, Costco has been on a roll, launching new locations from Brentwood and Highland in California to Sharon, Massachusetts, and Stuart, Florida. Internationally, fans in Japan and Australia got their own warehouses in Minami Alps and Ardeer, and there's more on the way. Warning! GuruFocus has detected 3 Warning Sign with COST. Altogether, Costco now runs over 900 warehouses worldwide, more than 600 of them in the U.S. For the fiscal year ending this August, the company plans to open 29 new stores, with about ten of those sprouting up outside America in spots like South Korea, Sweden, Canada, Mexico and Japan. The strength of Costco's approach comes down to its membership fees$65 a year for Gold Star and $130 for Executiveand the promise of everyday low prices. Even as other retailers wrestle with inflation and shifting habits, Costco members keep flocking back for bulk deals. Looking ahead, executives say they want to keep adding roughly 25 to 30 warehouses each year. That steady pace gives Costco room to test both established markets and new territories, all while keeping its shelves stocked and its members happy. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Insider
10-07-2025
- Business
- Business Insider
Costco's (COST) Winning Streak Continues as Sales Soar 8% in June
Costco Wholesale (COST) stock gained more than 1% in the aftermarket trading session after the warehouse retailer announced impressive sales figures for June. COST's monthly net sales jumped 8% to $26.44 billion, a major increase from $24.48 billion in June 2024. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The five-week retail period ending July 6 saw comparable sales rise 5.8%, with e-commerce leading the charge, up 11.5% year-over-year. Excluding the impact of gasoline prices and foreign exchange fluctuations, Costco's total comparable sales for June were even stronger at 6.2%. For the first 44 weeks of the fiscal year, Costco's net sales reached $227.46 billion, an 8% increase compared to the same period last year. This reflects Costco's continued strength in the retail sector, driven by growth across its various sales channels. International Markets Lead the Way It must be noted that Costco's sales in the international markets outpaced domestic performance. Same-store sales grew 10.9% outside the U.S. and Canada. Canada posted a healthy 6.7% gain, while the U.S. saw a more modest 4.7% increase. When adjusted for gasoline prices and currency fluctuations, the U.S. market saw a 5.5% comparable sales increase, Canada posted 7.9% growth, and other international markets expanded by 8.2%. Costco's June report shows that it can operate value-driven retail stores and grow its online business as well. With strong demand overseas and steady digital sales, COST is well-positioned for growth in the near term. TipRanks AI Analyst Bullish on COST Stock According to TipRanks' A.I., Costco scored 76 out of 100 with an Outperform rating. Costco's solid financial results and upbeat Q4 earnings call are key factors behind its strong rating. While valuation remains a concern and technical signals are mixed, steady growth in memberships, rising e-commerce sales, and smart global expansion continue to support the company's long-term potential. TipRanks' AI analyst sets a price target of $1,119 for Costco stock, which points to an upside of about 14%. What Is the Prediction for Costco Stock? Turning to Wall Street, COST stock has a Moderate Buy consensus rating based on 15 Buys and seven Holds assigned in the last three months. At $1,107.28, the average Costco stock price target implies 12.75% upside potential.
Yahoo
08-07-2025
- Business
- Yahoo
Costco Is One of the Largest Consumer Goods Companies by Market Cap. But Is It a Buy?
Costco has been a top performer in the consumer goods sector in recent years. The company has a number of a valuable competitive advantages. Its valuation has gotten stretched, putting pressure on the stock. 10 stocks we like better than Costco Wholesale › Costco Wholesale (NASDAQ: COST) is one of the top consumer goods stocks on the stock market. Since its IPO, the stock is up more than 4,000%, and Costco has been about as consistent a performer as they come in the sector as it benefits from a number of competitive advantages. First, Costco is more resilient to economic downturns than the typical big-box chain. Most of Costco's revenue comes from groceries, a recession-proof category as consumers need to eat regardless of the state of the economy. Additionally, its membership-based business model makes the business more stable than a typical retailer since its members have already paid a fee to shop there, and they're likely to want to take advantage of that and Costco's low prices. Finally, Costco also caters to a higher-income demographic because of its membership fees, and those consumers are less likely to change their behavior, even with the impact of a recession. While other retailers have struggled lately due to weak consumer discretionary spending and pressure related to tariffs, trade wars, and economic uncertainty, Costco has been unfazed. Through the first 36 weeks of the year, the retailer has reported 8.1% adjusted comparable sales growth, which excludes gasoline prices and foreign exchange. It's also delivered bottom-line growth as well with net income up from $1.68 billion to $1.9 billion. Those kinds of results explain why Costco is one of the most valuable consumer goods stocks on the market today. According to research from The Motley Fool, Costco is currently the second-biggest consumer staples company by market cap, ahead of Procter & Gamble and behind Walmart. At a market cap of $436 billion, Costco still has a long way to go to catch Walmart, which currently has a market cap of $779 billion. Costco's also No. 2 in the category by revenue with $264.1 billion over the last four quarters, well below Walmart's revenue of $681 billion. However, Costco has outperformed Walmart this century on the stock market, as the chart below shows. Both stocks have performed well in recent years thanks to their economies of scale and leadership in groceries. Costco has a lot of things going for it, including the competitive advantages listed above, which continue to drive the company's growth and market share gains. Costco is also still opening stores, separating it from competitors like Walmart, which has stopped opening stores. Walmart is instead investing in e-commerce, infrastructure, and technology. Costco still has fewer than 1,000 warehouses around the world and operates in a number of countries besides the U.S., meaning it still has a long runway for new store growth, especially as its same-store sales growth has been so strong, a reflection of strong demand. As a business, Costco looks rock-solid, but investors also need to consider the price of a stock in addition to the quality of the business. Costco's valuation has gotten inflated in recent years as the stock has soared. Its price-to-earnings ratio is now 56, which is more expensive than any of the other biggest consumer goods stocks. It's also significantly above the P/E ratio of the S&P 500 index, which is now trading around 27 times earnings. Using that broad market index as a comparison, both stocks look expensive, and Costco has actually pulled back nearly 10% from its peak earlier this year. At a more attractive valuation, Costco would be worth buying, but I'd like to see the P/E ratio fall by at least 20% before it enters that range. Still, the execution in the business has been impeccable lately, and its competitive advantages are clear. Over the long term, Costco still looks well positioned for success. Before you buy stock in Costco Wholesale, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Costco Wholesale wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale and Walmart. The Motley Fool has a disclosure policy. Costco Is One of the Largest Consumer Goods Companies by Market Cap. But Is It a Buy? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-07-2025
- Business
- Yahoo
Costco Stock Rated Buy as UBS Highlights Growth Potential in Extended Hours Pilot
Costco Wholesale Corporation (NASDAQ:COST) ranks among the best set-it-and-forget-it stocks to buy. On June 13, UBS reaffirmed its Buy rating and $1,205 price target for Costco Wholesale Corporation (NASDAQ:COST), pointing to the retailer's extended shopping hours pilot program as proof of its potential for further expansion. omar-abascal-9Um7Huux0as-unsplash UBS sees the wholesale club's recent announcement that it would test extended hours exclusively for Executive members as evidence that the company still has 'ample tricks up its sleeve' in spite of concerns about its premium valuation. According to UBS, Costco Wholesale Corporation (NASDAQ:COST) may see 'a moderation in its sales in the coming months' as the gains from the sale of gift cards and high-volume precious metals start to wane. These product categories have played a major role in Costco's 'outsized growth' over the past year. A membership-based warehouse club, Costco Wholesale Corporation (NASDAQ:COST) offers bulk discounts on an array of products, including food, electronics, and household products. While we acknowledge the potential of COST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.
Wall Street Journal
01-07-2025
- Business
- Wall Street Journal
Lululemon Sues Costco Over Alleged Knockoff Activewear
Lululemon LULU 2.88%increase; green up pointing triangle Athletica has filed a lawsuit against Costco COST -0.34%decrease; red down pointing triangle Wholesale, alleging that the warehouse-club chain is selling knockoff versions of its popular activewear through its Kirkland private-label brand. Lululemon said Costco has unlawfully traded on its reputation, goodwill and sweat equity by selling apparel that mimics the look and feel of its products—including its Scuba hoodies and sweatshirts, Define jackets and ABC pants—at lower prices.
