Costco stock price closes above $1,000 as January sales jump; what COST investors watch next
Costco shares closed up 1.2% at $1,001.16 Friday after reporting January net sales rose 9.3% to $21.33 billion and digital sales jumped 34.4%. Analysts remain divided on whether the sales strength will continue in February. The company’s next update is set for March 5. Costco will pay a $1.30 per share dividend on Feb. 13.