Reports that a group of investors could be gearing up for a takeover bid helped drive a power-up for a major video game publisher, while soft same-store sales results in the U.S. weighed on the stock of a membership warehouse club.
We've run out of near-term catalysts for a refreshment to the bull run, at least until tomorrow's PCE report comes out.
Costco's CEO said the extended shopping hours for executive members boosted weekly sales by 1%. The wholesale club beat expectations with full-year revenue growth of 8.1%.
Weekly Jobless Claims Less Than Expected.
Earnings have been the steady engine throughout this multi-year bull market, which has broadened out in 2025 and is now approaching its third birthday.
Costco's decision to open stores early for executive members wasn't guaranteed to be a success. Foot traffic data indicates the move is looking like a big win for the wholesale club.
Food inflation dynamics are reshaping consumer behavior, creating potential tailwinds for Costco. Retail peers report stressed shoppers trading down — Costco may be positioned to capture this shift. Solid comps and membership growth remain in focus, but valuation questions loom ahead of earnings.
Club retailers have drawn in shoppers with faster online options, eye-catching merchandise and cheap meals along with low-priced and bulk items.
Costco (COST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
COST posts 6.3% August comp sales growth, fueling steady momentum but leaving investors weighing valuation against future upside.
In the closing of the recent trading day, Costco (COST) stood at $956.29, denoting a -2.34% move from the preceding trading day.
Shares of Costco Wholesale Corporation ( NASDAQ: COST ) gained 1.30% over the past month after losing 3.87% the month prior.