2026 年 3 月 9 日 ` 即日財經頭條 | 信報: | | | --- | --- | | ◼ | 陳茂波：戰局下港金融市場較受益 | | ◼ | 港滬貨運貿易研代幣化存款結算 | | 經濟日報: | | | ◼ | 中東戰爭未緩 專家料港股考驗 25,000 | | ◼ | 美股本周緊盯通脹數據 憂油價漲難減息 | | 明報: | | | ◼ | 戰火無礙 中東資金料續參與港 IPO | | ◼ | 會財局：暫收 41 份回應 普遍撐可持續強制核證 | | 星島日報: | | | ◼ | 傳永明 MPF 公僕成員去年底獲額外紅利 | | 證券日報: | | | ◼ | 資本市場高質量發展"路線圖"愈加明晰 | 光大證券國際 請參閱最後一頁所載的分析員及公司披露事項及免責聲明。 | 恒生指數 | 25757.29 | 1.72 | 0.49 | | --- | --- | --- | --- | | 國企指數 | 8628.13 | 2.09 | -3.20 | | 科技指數 | 4947.50 | 3.15 | `1 -10.31 | | 金融指數 | 51255.27 | 0.93 | 3.91 ...

Group 1 - Costco Wholesale Corporation (NASDAQ:COST) is recognized as one of the top 10 stocks to invest in during a recession [1] - On February 27, 2026, Citi maintained a Neutral rating for Costco with a price target of $1,000, following a modest beat in same-store sales and earnings [2] - Bank of America re-initiated coverage on Costco with a Buy rating and a price target of $1,185, highlighting its strong appeal among high-income consumers [3] Group 2 - As of March 5, 2026, Costco has a consensus Buy rating from 37 analysts, with a 1-year median upside potential of 9.26% [4] - Costco, founded in 1983, is a leading American multinational membership-only warehouse club operator headquartered in Washington [4]

Core Viewpoint - Costco is experiencing a buildup of cash, leading to speculation about the possibility of a special dividend for shareholders, which is a non-recurring cash distribution that is typically larger than regular dividends [1][2][3] Group 1: Special Dividend Discussion - Costco's management has indicated that special dividends are part of the company's financial strategy, distinguishing it from many peers who follow a more conventional dividend policy [3] - Financial analysts believe that given the current cash reserves, it may be an opportune time for Costco to issue another special dividend [3] - During a recent earnings call, CFO Gary Millerchip was asked about the potential for a special dividend, but his response was indirect, reflecting the company's cautious approach to communicating such decisions [4] Group 2: Investment Strategy - The company's primary financial strategy remains focused on investing in business growth, with significant capital investments made in recent years to enhance operations [5] - Costco is actively expanding its warehouse network and investing in existing locations to improve the member experience [6] - Investments are also being made in e-commerce and digital initiatives, with management expressing confidence in the returns from these investments [7]

分组1 - Costco reported strong earnings with double-digit growth in both revenue and net income year-over-year [1]

证券研究报告 | 2026年03月08日 美股市场速览 弱于大市 市场震荡回撤，但盈利预测稳步向好 价格走势：多数行业回撤，软件显著反弹 本周，标普 500 指数-2.0%（上周-0.4%），纳斯达克综指-1.2%（上周-1.0%）。 风格：大盘成长（罗素 1000 成长-0.7%）＞大盘价值（罗素 1000 价值-3.5%） ＞小盘价值（罗素 2000 价值-3.6%）＞小盘成长（罗素 2000 成长-4.5%）。 4 个行业上涨，20 个行业下跌。上涨的主要有：软件与服务（+6.3%）、商 业和专业服务（+2.3%）、电信业务（+2.3%）、能源（+1.1%）；下跌的主 要有：家庭与个人用品（-7.5%）、耐用消费品与服装（-7.5%）、材料（-6.8%）、 食品饮料与烟草（-6.1%）、运输（-5.5%）。 资金流向：整体加速流出，软硬件显著分化 本周，标普 500 成分股估算资金流（涨跌额 x 成交量）为-99.4（亿美元， 下同），上周为-31.9，近 4 周为-154.3，近 13 周为-283.8。 6 个行业资金流入，18 个行业资金流出。资金流入的主要有：软件与服务 （+49.1）、能源（+ ...

Costco, Sam's Club Spark China's Consumer Shift to Warehouse Shopping - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Costco, Sam's Club Spark China's Consumer Shift to Warehouse ShoppingBy Tanner BrownShareResize---ReprintsIn this articleC ...

As warehouse clubs and private labels surge, China's consumers are reshaping retail—and squeezing the pricing power of multinational brands. ...

Costco Wholesale Corporation (NASDAQ:COST) is included among the 13 Best Defensive Dividend Stocks for 2025. Costco Says Tariff Refunds Could Lead to Lower Prices for Customers Niloo / Shutterstock.com On March 6, Reuters reported that Costco Wholesale Corporation (NASDAQ:COST) said it would lower prices if it received any refunds tied to the US Supreme Court’s decision to strike down President Donald Trump’s emergency tariffs. Costco was one of more than 1,000 businesses that challenged the tariffs in ...

Core Insights - Costco Wholesale Corporation reported second-quarter results that exceeded analyst expectations, with adjusted earnings per share of $4.58, beating the consensus estimate of $4.55 by $0.03 [2] - Despite strong financial performance, shares slipped nearly 1% in pre-market trading following the announcement [1] Financial Performance - Revenue totaled $69.6 billion, surpassing the estimate of $69.25 billion and rising 9.1% from $62.53 billion in the same quarter last year [2] - Net income for the quarter was $2.04 billion, an increase from $1.79 billion in the year-earlier period [4] - For the first 24 weeks of fiscal 2026, net income reached $4.04 billion, or $9.08 per diluted share, compared to $3.59 billion, or $8.06 per diluted share, in the prior year [4] Sales Performance - Comparable sales increased by 7.4% during the quarter, or 6.7% when adjusted for gasoline price fluctuations and foreign exchange effects [3] - U.S. comparable sales grew by 5.9%, while Canada and Other International markets posted stronger gains of 10.1% and 13.0%, respectively [3] - Digital sales surged by 22.6% over the same period [3] - February sales were reported at $21.69 billion, representing a 9.5% increase from $19.81 billion a year earlier, with comparable sales for February rising by 7.9% [5] Operational Overview - Costco operates 924 warehouses worldwide, including 634 locations in the United States and Puerto Rico, 114 in Canada, and 176 across other international markets [6] - The retailer also operates e-commerce platforms in eight countries [6]

Core Insights - Costco Wholesale's earnings for the fiscal second quarter were $4.58 per share on revenue of $69.6 billion, surpassing analyst expectations of $4.51 per share and $69.1 billion in sales [1] - Despite a 1% increase in stock price following the earnings report, Costco shares are down slightly over the past year, although they have rallied 15% at the start of the year [1] Investor Relevance - Costco's shares are approximately 8% below their early 2025 record high of nearly $1,077, with an average analyst price target $40 lower than that peak [2] - Analysts from JPMorgan noted that Costco's sales and margin growth are outpacing other retailers, maintaining an "overweight" rating and raising their price target to $1,060, which is about 9% above the recent closing price [2] - William Blair analysts view Costco as a stable, defensive consumer stock in a volatile market, suggesting potential for special dividends or increased buybacks to support the stock [2] Additional Context - The potential for tariff refunds could impact Costco this year, as the company is awaiting a court decision regarding refunds from tariffs imposed by the previous administration [3] - CEO Ron Vachris indicated uncertainty regarding the timing of any tariff refunds, but stated that any recovery would be passed on to consumers through lower prices [4]