Costco (NASDAQ:COST) trades at close to triple Dollar General (NYSE:DG) on Bernstein retail note
Bernstein’s retail note is getting another look. Costco Wholesale Corp was off 0.8% at $944.04 late Monday morning, while Dollar General Corp dropped 2.5% to $115.23. When it comes to valuation, Costco traded at 47.5 times earnings. Dollar General’s multiple was 16.3. Bernstein’s Zhihan Ma bumped her Costco target up to $1,194 from $1,192 and left her outperform rating unchanged, TheStreet said July 4. Ma cited Costco and Dollar General as her top retail calls for the second half of 2026. A July 1 note on the Bernstein outlook from Investing.com also mentioned Dollarama Inc as a third pick.