Neutral
Costco stock holds near $902 amid August sales growth and Costco Next shutdown.
Costco's stock remains near $902 following a 9.9% increase in August net sales and the unexpected closure of its Costco Next program. The company plans to open 10 new U.S. stores in October and November 2026.
Key points
- August net sales rose 9.9% year-over-year, indicating strong consumer demand.
- The abrupt shutdown of the Costco Next program may disrupt member services.
- Costco is set to open 10 new U.S. stores in the coming months, expanding its footprint.
Sources
- Costco Wholesale stock holds near highs as August 2026 sales jump almost 10 percentAD HOC NEWS · September 3, 2026
- Costco Wholesale stock eases as Costco Next shutdown follows strong fiscal 2026 salesAD HOC NEWS · September 4, 2026
- Costco abrirá 10 nuevas tiendas en Estados Unidos próximamente: Estas son las ubicacionesAS · September 9, 2026
AI-generated from public news sources. Not financial advice.
