Costco stock rises after December sales jump; what investors watch next
Costco shares rose 0.8% to $922.60 Friday morning after December net sales jumped 8.5% to $29.86 billion. Comparable sales climbed 7%, with digitally-enabled comps up 18.9%. Shares had surged 5% Thursday following the report. Investors await the fiscal Q2 earnings call on March 5.