Core Viewpoint - Costco Wholesale Corporation (NASDAQ:COST) is recognized as a strong investment opportunity, particularly after a recent stock pullback, which Mizuho believes is overdone [2]. Group 1: Stock Performance and Analyst Insights - Costco shares experienced a decline of approximately 6% in 2025, while the S&P 500 index increased by over 16% [3]. - Mizuho upgraded Costco's stock rating from Neutral to Outperform and raised the price target from $950 to $1,000 [2]. - Analyst David Bellinger noted that the recent stock correction of about 20% is linked to concerns over slowing membership and comparable sales growth, which he argues are temporary issues [3]. Group 2: Membership and Growth Analysis - Bellinger provided a proprietary store-level analysis indicating that around half of recent U.S. warehouse openings are 'fill-ins,' which are affecting membership growth by drawing demand from high-volume locations [3]. - The rate of premium member additions in Q1 is 2-3 times higher than total membership growth, indicating a positive trend in trade-up activity [3]. - Domestic renewal rates for memberships remain exceptionally high, exceeding 90% and above the 10-year running average [3]. Group 3: Future Catalysts - Current investor concerns are attributed to an excess of consumer demand, which may stabilize as Costco normalizes wage growth after a period of strong increases [3]. - There is potential for a special dividend, which could serve as a catalyst for future stock performance [3].

Core Insights - Costco's Executive Membership offers significant savings through a 2% cashback on purchases, making it financially beneficial for members who spend over $3,250 annually [4][5][6] Membership Structure - Costco provides two membership options: Gold Star Membership at $65 and Executive Membership at $130, with the latter offering additional benefits [4] - Executive members earn a 2% cashback on most purchases, capped at $1,250 per year, which can offset the higher membership fee [11] Financial Performance - Membership income grew by 7.3% year-over-year, driven by an increase in membership base and upgrades to Executive Membership [8] - As of the end of Q1, Costco had 39.7 million paid Executive memberships, a 9.1% increase from the previous year, contributing to a total of 81.4 million paid members [9] Renewal Rates - The renewal rate for U.S. and Canada members was 92.2%, while the worldwide rate was 89.7%, reflecting a slight decline from the previous quarter [10] Additional Benefits - Executive members enjoy early shopping hours, starting at 9 a.m. on weekdays and Sundays, and receive a $10 monthly credit for Instacart or same-day delivery on orders over $150 [18] - Enhanced benefits include discounts on various services such as travel packages and insurance [18] Market Strategy - Costco's strategy focuses on promoting the Executive Membership, which is crucial for its operating profit, with nearly half of its members opting for this tier [7] - Analysts suggest that the exclusive shopping hours may attract more customers to upgrade their membership, although there are concerns about potential alienation of some members [12][14]

天价羽绒服，似乎渐渐有了"失宠"的迹象。 昔日顶流加拿大鹅，2022到2025财年的营收增速从21.54%骤降至1.1%，增长几乎陷入停滞。与巅峰期相比，其市值已缩水超440亿元人民币——更直白的 提示是，控股加拿大鹅12年的贝恩资本正在考虑卖掉加拿大鹅，可见其失宠程度。 近两年的新晋顶流Moncler，也走出了高光时刻。该品牌2025年第三季度营收同比下滑，结束了其连续九年的双位数高增长神话。 明明是御寒服饰，但动辄上万的价签，瞬间让不知情的人如坠冰窖，只想赶紧逃离。 逃离商场之后，很多人却奔向了一个意想不到的地方：超市。 超市羽绒服， 让打工人体面过冬 普通人怎么体面过冬，是近年来的一个老大难问题。 今年有句话叫做，"富人穿羊绒真丝，中产穿棉麻，打工人一身聚酯纤维"。一脱毛衣像放烟花，一碰门把手就遭电击，成了许多人的日常。 胖东来、Costco、山姆、大润发、联华超市，这个冬天迎来了一波羽绒服销售热潮。 胖东来的一件256元的羽绒服，在二手交易平台上被一些代购商加价售卖，价格从400元到600元不等。还有Costco 359元的短款羽绒服，山姆499元的长款 羽绒服，也意外成为了抢手货。 不少网友下手晚了 ...

Core Insights - Costco is enhancing its membership value by introducing new perks, particularly focusing on cash back benefits for its credit card holders, which is a strategic move to retain members during challenging economic times [4][10][11]. Membership and Economic Context - As of the latest earnings call, Costco has 81.4 million total paid members, indicating a strong membership base [6]. - Many Americans are currently feeling financially strained, with 61% believing the economy is not working for them and 35% reporting a worsening financial situation over the past year [3][9]. New Credit Card Benefits - Costco has increased the cash back reward on fuel purchases from 4% to 5% for holders of the Costco Anywhere Visa card, which is particularly beneficial given the current economic climate [7][10]. - In addition to the fuel cash back, the Costco Anywhere Visa card offers 4% cash back on other eligible gas purchases and electric vehicle charging, 3% on restaurants and eligible travel, and 1% on all other purchases [8][15]. Strategic Initiatives - The company is committed to improving membership value through various initiatives, including extended opening hours and additional benefits for Executive members [11][12]. - Costco's strategy to enhance member value is aimed at preventing membership churn, especially as consumers become more budget-conscious [11][12]. Future Outlook - The CEO of Costco emphasized that the membership card is the most important item sold, indicating a focus on driving membership renewals and potentially introducing more perks in the future [13].

Company Performance - Costco's stock closed at $924.88, reflecting a +1.05% increase from the previous day, outperforming the S&P 500's gain of 0.65% [1] - Over the past month, Costco's stock has risen by 3.49%, which is below the Retail-Wholesale sector's increase of 4.29% but above the S&P 500's gain of 1.15% [1] Earnings Forecast - The upcoming earnings report for Costco is anticipated to show an EPS of $4.49, representing an 11.69% increase from the same quarter last year [2] - Revenue is projected to be $68.88 billion, indicating an 8.1% growth compared to the corresponding quarter of the previous year [2] - For the full year, earnings are expected to be $20.09 per share and revenue is forecasted at $296.08 billion, reflecting changes of +11.67% and +7.57% respectively from the prior year [3] Analyst Estimates - Changes in analyst estimates for Costco are crucial as they indicate shifting business trends, with upward revisions suggesting positive sentiment regarding the company's profitability [4] - The consensus EPS projection has increased by 0.48% in the past 30 days, and Costco currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Costco's Forward P/E ratio stands at 45.55, which is a premium compared to the industry average Forward P/E of 29.33 [6] - The company has a PEG ratio of 5.48, higher than the industry average PEG ratio of 3.55, indicating a difference in expected earnings growth [7] Industry Context - The Retail - Discount Stores industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 40, placing it in the top 17% of over 250 industries [7] - The Zacks Industry Rank evaluates the performance of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]

Though it is worth noting that on a total-company basis, adjusted comparable sales were 6.2% in December, compared to 6.4% in November. The total company adjusted comparable sales figure was weighed down by a deceleration in Canada and the company's "other international" segment.Costco's December comparable sales rose 7% in December, or 6.2% on an adjusted basis. But here's the particular detail behind this metric that may excite investors about Costco's comparable sales trends. Costco's U.S. adjusted compa ...

Key Takeaways COST saw 10.6% comp sales growth in Other International vs. 6% in the United States for December.For fiscal 2026 to date, COST's global comps rose 6.6%, led by 9.5% growth in Other International markets.Half of COST's 30 planned new clubs will open abroad, backed by strong 89.7% global renewal rates.Costco Wholesale Corporation’s (COST) December sales highlight a significant shift in growth dynamics. While the United States remains the company’s largest market, international segments are becom ...

We recently published 9 Stocks Jim Cramer Talked About.  Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer talked about. Costco Wholesale Corporation (NASDAQ:COST) is one of Jim Cramer’s favorite stocks. Despite the fact that the shares are down by 4.8% over the past year, the CNBC TV host has remained a fan. Costco Wholesale Corporation (NASDAQ:COST)’s shares experienced analyst attention in December when Guggenheim and Telsey discussed them. The former remarked that investors we ...

但索斯尼克对投资者的警惕性提出了质疑。他在提供给《市场观察》的评论中称："期权市场相对温和 的表现，意味着市场存在出现意外行情的空间。" 非农就业报告：市场的关键试金石 北京时间本周五21:30，投资者将迎来美国劳工部2026年首份非农就业报告，这份报告涵盖的是去年12 月的就业数据。赛文斯报告研究公司（Sevens Report Research）创始人兼总裁汤姆・埃塞（Tom Essaye）表示，无论数据表现好于预期还是逊于预期，对投资者而言都潜藏风险。 本周五非农报告与特朗普关税裁决双至，意外行情风险积聚。非农唯有"金发姑娘"数值才能提振市场， 特朗普关税已经从被抵触转为被接纳？ 2026年开年，全球市场整体表现强劲。但本周五，投资者或将迎来首轮真正的考验——美国12月非农就 业报告即将发布，同时美国最高法院也可能就特朗普多数关税政策的合法性作出裁决。 尽管特朗普政府突然出手掌控委内瑞拉石油产业，且股市板块轮动导致领涨主线生变，但美股与美债在 1月开局阶段依旧保持平稳运行。 "近期消息面频发，但市场整体表现却异常平静，这种状态多少有些反常。"道富投资管理公司首席投资 策略师迈克尔・阿罗恩（Michael ...

Core Insights - Costco's sales are experiencing significant growth, with net sales increasing by 8.5% year over year to $29.86 billion for the five weeks ending January 4 [2] - The company's stock price rose over 3% following the release of its December sales figures, reflecting positive market sentiment [1] Sales Performance - Comparable sales in the U.S. grew by 6.3%, while companywide comparable sales increased by 6.2%, excluding the effects of gasoline price fluctuations and foreign exchange rates [2] - Digitally enabled sales surged by 18.3%, indicating strong performance in Costco's online retail segment [4] Market Position - Costco's strategy of offering quality merchandise at low prices is resonating well with consumers, particularly in a cash-strapped environment [4] - The company's large scale allows it to provide a curated selection of goods at competitive prices, making it difficult for rivals to match [4] Customer Loyalty and Growth Strategy - The savings provided by Costco help build loyalty among its members, driving repeat traffic and stable profits [5] - Expansion of store count, along with growing sales at existing locations, is expected to continue fueling Costco's earnings growth in the future [5]