Today: 9 April 2026
Costco stock slips ahead of December sales report after the bell
7 January 2026
1 min read

Costco stock slips ahead of December sales report after the bell

New York, January 7, 2026, 14:14 (ET) — Regular session

  • Costco shares down about 0.5% in afternoon trade
  • Company due to post December sales results after the close
  • Investors watching comparable sales and membership momentum

Costco Wholesale shares fell about 0.5% to $884.59 in afternoon trading on Wednesday, with investors waiting for the retailer’s December sales update due after the market close. Costco Investor Relations

The monthly release is a fast checkpoint after the holiday rush, and it can move expectations before the next wave of earnings reports hits the retail sector.

Traders will zero in on comparable sales — sales at warehouses open at least a year — and what they imply for membership momentum, where Costco makes most of its profit.

Costco beat first-quarter revenue and profit estimates in December as shoppers bought affordable essentials and some discretionary items, benefiting from its private-label Kirkland Signature mix, the company and analysts said at the time. Greg Zakowicz, an ecommerce and retail adviser at marketing platform Omnisend, said consumers were still trying to “stretch their dollar further.” Reuters

A recent analyst upgrade has kept the stock on watchlists. Mizuho analyst David Bellinger raised Costco to an outperform rating and lifted his price target to $1,000, writing that “shares have corrected ~20%” on worries that membership and comparable sales growth are slowing. TipRanks

The report lands after the close on Wednesday. Investors will look for signs that U.S. traffic held up, while also watching how much gasoline prices and currency swings muddied the top-line picture.

But the read can cut both ways. A softer sales number — or a print skewed by fuel and FX — could revive concerns about slowing growth and hit a stock that rarely gets much slack.

The next catalysts are close behind: Costco’s annual shareholder meeting is set for Jan. 15, and its fiscal second-quarter earnings call is scheduled for March 5. Costco Investor Relations+1

Stock Market Today

  • Thursday's Sector Laggards: Application Software and IT Services Dip
    April 9, 2026, 1:24 PM EDT. On Thursday, the application software sector saw a decline of about 2.3%, with CloudFlare shares dropping nearly 12% and Qualys down over 10%. The information technology services sector also fell approximately 2.3%, weighed down by Fastly's 12.4% slide and TechTarget Holdings' 11.7% decline. These falls mark the sectors as the day's laggards, highlighting increased volatility within tech-related stocks.

Latest article

Amazon Stock Rises After Andy Jassy Reveals AWS AI Revenue, Defends $200 Billion Spend

Amazon Stock Rises After Andy Jassy Reveals AWS AI Revenue, Defends $200 Billion Spend

9 April 2026
Amazon shares rose 5% Thursday after CEO Andy Jassy revealed AWS’s AI services are generating over $15 billion annually and its chip business more than $20 billion. Jassy said much of AWS’s $200 billion in planned 2026 spending is backed by customer commitments, including a $100 billion OpenAI deal. He also highlighted deep job cuts and a push for smaller teams. Amazon now operates over 1 million robots and plans to launch its Leo satellite network in mid-2026.
Unilever Snaps Up Grüns to Deepen U.S. Wellness Push After McCormick Food Deal

Unilever Snaps Up Grüns to Deepen U.S. Wellness Push After McCormick Food Deal

9 April 2026
Unilever said Thursday it will acquire U.S. greens-supplement brand Grüns for an undisclosed sum, with the deal expected to close later this year pending approvals. Grüns was valued at about $500 million in a 2025 Series B round, according to Reuters. The purchase follows Unilever’s recent agreement to combine its food business with McCormick.
Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand

Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand

9 April 2026
Lumentum shares climbed Thursday after JPMorgan raised its price target to $950, following Mizuho’s hike to $930. The moves come after Nvidia agreed last month to invest $2 billion in Lumentum and make multibillion-dollar purchase commitments. Lumentum reported February quarter revenue of $665.5 million, up 65.5% year-over-year. An SEC filing showed Lumentum will swap 5.7 million shares for $474.6 million in convertible notes.
SBTi Says Corporate Climate Targets Jumped 40% in 2025 as Asia Closes In on Europe

SBTi Says Corporate Climate Targets Jumped 40% in 2025 as Asia Closes In on Europe

9 April 2026
The number of companies with Science Based Targets initiative-validated climate goals reached 9,764 by the end of 2025, up 40% from the previous year. Asia added 1,216 companies, nearly matching Europe’s increase. Europe held 49% of validated targets, Asia 36%, and North America 11%. Japan led single markets with 2,091 companies.
Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’

Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’

9 April 2026
Palantir Technologies dropped about 7% Thursday after Michael Burry said Anthropic was overtaking it in enterprise AI, putting Palantir on track to lose $34 billion in market value. Anthropic reported its annualized revenue run rate had surged past $30 billion and launched new AI tools for businesses. Nearly one in four businesses on Ramp now pays for Anthropic, according to Ramp data. Palantir’s stock still trades at 395 times earnings.
Seagate (STX) stock slides as AI storage rally cools after record run
Previous Story

Seagate (STX) stock slides as AI storage rally cools after record run

Lumentum stock drops as Tuesday’s AI-optics sprint fades; earnings date now the next test
Next Story

Lumentum stock drops as Tuesday’s AI-optics sprint fades; earnings date now the next test

Go toTop