Costco stock rises after December sales jump — what investors watch next for COST
Costco shares climbed 3.7% after hours to $915.31 following an 8.5% rise in December net sales to $29.86 billion. Comparable sales increased 7% for the five-week retail month ended Jan. 4. Investors now await management updates at the Jan. 15 shareholders meeting and the March 5 earnings call.