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Retail Industry News 4 February 2026 - 7 February 2026

Costco stock price closes above $1,000 as January sales jump; what COST investors watch next

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.
Costco stock price today: COST hovers near $1,000 after January sales pop and fresh Wall Street calls

Costco stock price today: COST hovers near $1,000 after January sales pop and fresh Wall Street calls

Costco shares rose 0.6% Friday to about $995 after reporting January net sales of $21.33 billion, up 9.3% year-over-year. Oppenheimer and Baird raised their price targets to $1,100, citing strong sales momentum, while Roth MKM maintained a sell rating at $769. Comparable sales climbed 7.1%, with digital sales up 34.4%. The company cited calendar effects as a drag on January results.
Costco stock price closes near $1,000 after January sales jump and online surge

Costco stock price closes near $1,000 after January sales jump and online surge

Costco shares closed up 1.2% at $989.29 after January net sales rose 9.3% to $21.33 billion, with digital sales jumping 34.4%. The stock briefly topped $1,000 during the session, outperforming retail peers as tech stocks fell. Oppenheimer raised its price target to $1,100. Investors await Costco’s Q2 earnings call on March 5 for updates on margins and membership.
Walmart stock price slips after $1 trillion milestone as traders eye Feb. 19 earnings

Walmart stock price slips after $1 trillion milestone as traders eye Feb. 19 earnings

Walmart shares fell 0.8% to $126.94 in after-hours trading Thursday, after reaching a $1 trillion market cap earlier this week. Investors are watching for signals on demand and margins ahead of the retailer’s earnings report. Amazon’s expansion in groceries is intensifying competition. Executive Vice President Donna Morris sold 76,181 shares on Feb. 3 at $123.79 each, according to a regulatory filing.
Costco stock nears $1,000 after January sales jump and online comps spike 34%

Costco stock nears $1,000 after January sales jump and online comps spike 34%

Costco shares rose nearly 2% to $997.17 Thursday after January net sales jumped 9.3% to $21.33 billion, fueled by a 34.4% surge in digitally-enabled comparable sales. The company will report quarterly earnings and February sales on March 5. Some analysts remain cautious, citing weak traffic and possible storm-driven e-commerce gains. Costco operates 924 warehouses worldwide.
Tapestry stock jumps after Coach Tabby handbag demand drives earnings beat, outlook hike

Tapestry stock jumps after Coach Tabby handbag demand drives earnings beat, outlook hike

Tapestry Inc shares rose 3.8% to $134.87 after reporting a 14% jump in quarterly sales to $2.50 billion and raising its full-year outlook. Coach revenue surged 25% while Kate Spade sales fell 14%. The company now expects fiscal 2026 revenue above $7.75 billion and plans $1.5 billion in shareholder returns. The stock earlier jumped nearly 9% before paring gains.
Columbia Sportswear stock price jumps: COLM rallies on earnings, but tariffs cloud 2026 outlook

Columbia Sportswear stock price jumps: COLM rallies on earnings, but tariffs cloud 2026 outlook

Columbia Sportswear shares jumped about 13% Wednesday after the company released its 2026 outlook and quarterly results. Management warned tariffs would pressure margins and forecast a weaker first quarter, with sales expected to fall up to 4%. The board declared a $0.30 dividend, payable March 20. Fourth-quarter net sales dropped 2% to $1.07 billion, with earnings per share slipping to $1.73.
EuroGiant enters liquidation as court move puts 640 Irish retail jobs at risk

EuroGiant enters liquidation as court move puts 640 Irish retail jobs at risk

EuroGiant has entered court-appointed liquidation, putting about 640 jobs at risk across its 77 Irish stores, according to RTÉ. Stores remain open as liquidators review the business, with possible sales or closures ahead. Mark Degnan and Brendan O’Reilly of Interpath Advisory have been appointed provisional liquidators. The chain was founded in 1990 by Charlie O’Loughlin.
4 February 2026
Costco stock rises ahead of January sales report after the bell — what to watch next

Costco stock rises ahead of January sales report after the bell — what to watch next

Costco shares rose 1.5% to $992.44 by midday Wednesday ahead of its January sales report due after the close. The stock rebounded from early losses, trading over 1.1 million shares as investors watched for fresh sales data. Mizuho raised its price target to $1,065, citing membership trends. January’s report is expected at 4:15 p.m. Eastern.
Walmart stock holds near record after hitting $1 trillion mark — what investors watch next

Walmart stock holds near record after hitting $1 trillion mark — what investors watch next

Walmart shares rose 0.4% to $128.18 by late morning Wednesday, near record highs after the retailer surpassed a $1 trillion market cap Tuesday. Investors await Walmart’s quarterly results due Feb. 19. John Furner became president and CEO on Feb. 1. Amazon shares slipped 0.9%, while Costco and Target also gained.
AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD shares fell nearly 7% premarket after forecasting first-quarter revenue of about $9.8 billion, below its record fourth quarter. The outlook includes $390 million in China-bound AI chip sales under a U.S. license. Fourth-quarter revenue rose 34% to $10.27 billion, with net income at $1.51 billion. CEO Lisa Su expects stronger AI server demand in the second half.
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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