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Costco stock price slips after hours as SEC filing shows ‘greenwashing’ audit proposal fails
23 January 2026
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Costco stock price slips after hours as SEC filing shows ‘greenwashing’ audit proposal fails

New York, Jan 22, 2026, 18:27 ET — After-hours

  • Costco shares slipped roughly 0.7% to $976.17 in after-hours trading
  • An SEC filing revealed that shareholders turned down a proposal calling for an audit of climate “greenwashing” risks
  • Investors are focused on the Feb. 4 sales figures and the earnings call set for March 5

Costco Wholesale Corp (COST.O) shares dropped roughly 0.7% to $976.17 in after-hours trading Thursday, deepening the day’s losses for the warehouse giant.

The stock fell even as Wall Street rallied, buoyed by President Donald Trump’s sudden shift on tariffs, which calmed some trade concerns. “You do not know whether it is Christmas morning or Friday the 13th,” remarked Gregg Abella, CEO of Investment Partners Asset Management. Reuters

Costco’s immediate attention isn’t fixed on a single day’s trading but rather on upcoming events and filings. Lately, the stock has reacted sharply to minor changes in sentiment, even when no major earnings news drops.

Costco reported in an 8-K filing that shareholders at the Jan. 15 annual meeting re-elected all director nominees and supported the company’s advisory vote on executive pay, known as “say-on-pay.” A shareholder proposal calling for an audit of “greenwashing” risks—financial risks linked to potentially overstated climate commitments—was rejected, with roughly 279.7 million votes against and about 4.1 million in favor. The board also announced a quarterly cash dividend of $1.30 per share, payable Feb. 13 to shareholders of record on Jan. 30, the filing revealed. SEC

On Tuesday, a separate SEC Form 4 filing revealed that director Gina Raimondo was awarded 215 restricted stock units, an equity grant set to vest gradually. These Form 4 disclosures report insider trades and equity awards.

Costco entered Thursday riding a wave of momentum. Shares climbed 1.9% on Wednesday, closing at $982.86, extending a winning streak to five sessions, according to MarketWatch data.

The stock’s price has lingered near the $1,000 mark in recent sessions, keeping that round number in traders’ peripheral vision. Such levels often draw short-term bets, even if the underlying fundamentals remain steady.

The next company update is set for Feb. 4 with the January sales report. These monthly reports usually focus on comparable sales — meaning stores open at least a year — plus trends in e-commerce.

Costco is scheduled to hold its fiscal second-quarter earnings call on March 5. Investors will be focused on updates about membership renewals, store traffic, and expenses like labor and freight.

Costco’s stock usually tracks alongside other big-box and grocery-related retailers like Walmart and Target, especially when investors treat the U.S. consumer sector as one bundle. Yet, its membership-fee business model tends to set it apart, causing different moves when the market zeroes in on margins.

The stock’s lofty valuation means even minor hiccups in sales or signs that costs are rising faster than pricing and foot traffic can handle hit hard. Trade-policy news can also rattle retail shares fast, no matter if it actually shifts the quarterly numbers.

Investors are eyeing Costco’s sales update on Feb. 4 and its earnings call on March 5 for fresh insights into demand and margins.

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

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