Bullish
Costco's stock rises 2.93% after Q4 earnings beat expectations
Costco's stock increased by 2.93% following the release of its fiscal Q4 2026 earnings report, which exceeded analyst expectations. The company reported a diluted earnings per share (EPS) of $6.75, surpassing the consensus estimate of $6.54, and total revenue of $95.72 billion. Comparable sales rose by 9.4% during the quarter, with digitally enabled sales increasing by 19.5%.
Key points
- Earnings Beat: Costco reported a diluted EPS of $6.75, exceeding the consensus estimate of $6.54.
- Revenue Growth: Total revenue for the quarter reached $95.72 billion, surpassing the estimated $94.97 billion.
- Comparable Sales Increase: Comparable sales grew by 9.4%, with digitally enabled sales rising by 19.5%.
- Analyst Target Adjustments: Following the earnings report, Goldman Sachs maintained a Buy rating but reduced its price target from $1,159 to $1,134.
Sources
- Costco Wholesale stock gains 2.93 percent after earnings beatAD HOC NEWS · September 28, 2026
- Costco cuts prices on everyday items as inflation takes a toll on shoppersTheStreet · September 28, 2026
- Truist Securities reiterates Hold on Costco stock, $1,011 targetInvesting.com · September 28, 2026
- Costco Wholesale stock heads into the open after a 0.02% gainAD HOC NEWS · September 18, 2026
AI-generated from public news sources. Not financial advice.
