Costco Wholesale stock gains 2.93 percent after earnings beat

Published on 09/28/2026 at 12:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Costco Wholesale stock posted fiscal Q4 2026 diluted EPS of USD 6.75 on September 24, beating USD 6.54 consensus. Revenue reached USD 95.72 billion.

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Costco Wholesale stock (ISIN US22160K1051) last traded at USD 922.76 on Nasdaq on September 25, 2026, up 2.93 percent, after the retailer reported fiscal fourth-quarter results that exceeded expectations. Markets Insider reported that Costco's 16-week quarter ended August 30, 2026, with total revenue of USD 95.72 billion and diluted EPS of USD 6.75.

Quarterly sales clear estimates

The result included a quantified earnings beat. According to MarketBeat on September 25, 2026, Costco's diluted EPS exceeded the USD 6.54 consensus by USD 0.21, while revenue topped the USD 94.97 billion estimate by USD 0.75 billion. Comparable sales increased 9.4 percent in the quarter, and digitally enabled comparable sales rose 19.5 percent.

The earnings quality deserves attention. Markets Insider said the quarter included a non-recurring USD 0.15 per diluted share benefit from IEEPA tariff refunds, giving investors a specific adjustment when assessing the underlying result.

Analysts trim targets after results

Wall Street's response combined positive ratings with lower targets. CNBC reported on September 25, 2026, that Goldman Sachs kept a Buy rating but reduced its target from USD 1,159 to USD 1,134. MarketBeat reported that JPMorgan lowered its target from USD 1,100 to USD 1,015 while maintaining an Overweight rating. The differing targets show that valuation, rather than demand alone, is shaping the debate.

Expansion supports the growth case

Costco is still expanding its physical and digital footprint. According to the Yahoo Finance transcript of the September 24, 2026 earnings call, management plans 33 warehouse openings in fiscal 2027, including five relocations. The company ended fiscal 2026 with 939 warehouses, while digitally enabled sales exceeded USD 33 billion during the year.

Stock remains below its yearly high

Costco Wholesale stock last traded at USD 922.76 on Nasdaq on September 25, 2026 at 4:00 p.m. ET, with a market capitalization of USD 409.2 billion. Its 52-week range was USD 844.06 to USD 1,096.50, leaving the shares below the yearly high while quarterly sales growth and warehouse expansion continue to support the operating story.