New York, Feb 2, 2026, 20:11 EST — Market closed.
- Costco shares rose nearly 3% to $968.36 at Monday’s close.
- Traders are looking to the company’s January sales update due on Feb. 4.
- A key analyst preview flagged firmer January comparable sales expectations.
Costco Wholesale (COST.O) shares climbed 3% to $968.36 at Monday’s close, after a choppy stretch for the retailer’s stock.
With the U.S. market shut, focus shifts to Costco’s next monthly sales snapshot. The company is scheduled to release January sales results on Feb. 4 at 1:15 p.m. PT, its investor site shows. (Costco Investor Relations)
Monday’s rally ended a five-day losing streak, but the stock remains about 10% below its 52-week high of $1,078.24 set on Feb. 13, MarketWatch data showed. The S&P 500 rose 0.54% and the Dow gained 1.05%; Walmart climbed 4.13%, Target added 3.85% and Amazon rose 1.53%. (MarketWatch)
U.S. stocks rebounded after a volatile spell that included sharp declines in Asian markets and a recovery in Europe, Associated Press reported. It pointed to better-than-expected U.S. manufacturing data, alongside swings in commodities, as investors tried to regain their footing. (AP News)
The near-term read-through for Costco is straightforward: sales trend, then traffic. In a Feb. 2 research report listing on the firm’s website, Chuck Grom of Gordon Haskett said he was “raising comp to +7.0%” on “solid traffic” ahead of the January report. (Gordon Haskett)
Comparable sales — also called same-store sales — track revenue at locations open at least a year. Costco’s monthly releases can swing sentiment because they offer a clean read on demand between earnings reports.
Investors will likely parse the January figures for traffic and average ticket, and for the pace of e-commerce sales. Many on Wall Street also lean on comparable sales excluding gasoline and foreign exchange, which removes fuel price swings and currency moves from the headline numbers.
But the setup cuts both ways. A softer January update on traffic or online demand can revive valuation worries quickly, especially after a sharp bounce like Monday’s.
Looking further out, Costco has penciled in its second-quarter earnings release and February sales update for March 5 at 1:15 p.m. PT, according to its events calendar. (Costco Investor Relations)
For Tuesday’s session, traders are likely to keep one eye on the tape and the other on Wednesday’s January sales print — the next hard datapoint for Costco shares.
