Bullish
Costco's stock remains near $960 after strong quarterly earnings and expansion.
Costco's stock is trading close to $960, supported by robust quarterly earnings and a new store opening in Celina, Texas. The company reported double-digit growth in revenue and earnings for the quarter ending in May 2026, with revenue reaching $70.53 billion and earnings per share at $4.93. Additionally, Costco opened a 158,000-square-foot warehouse in Celina, indicating confidence in the area's growth potential.
Key points
- Costco's stock holds close to $960, bolstered by strong earnings and expansion.
- The company reported double-digit growth in revenue and earnings for the May 2026 quarter.
- A new 158,000-square-foot warehouse opened in Celina, Texas, reflecting strategic expansion.
Sources
AI-generated from public news sources. Not financial advice.
