ZikG/Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Costco just started offering its top-tier members something regular shoppers can’t buy: an empty store. Since June 30, the warehouse giant’s Executive Members have been able to shop on weekdays starting at 9 a.m. — which is one hour earlier than everyone else. On Saturdays, Executive Members get a 30-minute head start instead. Must Read Those without a premium membership [1] will be t ...

Market Overview - The U.S. stock market is experiencing a notable pullback, with major indexes extending losses for a third consecutive session, driven by profit-taking and concerns over equity valuations [1][2] - Afternoon trading reflects a cautious mood as market participants digest economic data and corporate news [1] Market Indexes Performance - The Dow Jones Industrial Average (DJIA) was down approximately 0.2%, or 76 points, closing at 46,121.28 [2] - The S&P 500 (SPX) slipped between 0.4% and 0.7%, heading towards its longest slide in over a month, after falling to 6,637.97 [2] - The Nasdaq Composite (IXIC) traded 0.3% to 0.7% lower, following a dip to 22,497.86 [2] Sector Performance - Mixed performance across sectors, with profit-taking evident in the technology segment; seven out of 11 sectors in the S&P 500 ended in negative territory [3] - The Energy Select Sector SPDR (XLE) advanced 1.3%, while the Materials Select Sector SPDR (XLB) and Real Estate Select Sector SPDR (XLRE) saw declines of 1.2% and 1%, respectively [3] Copper Market Impact - A surge in copper prices is noted after Freeport-McMoRan declared force majeure on supplies from its Grasberg mine due to a fatal mudslide, causing copper prices to rise by 1.1% [4] - Shares of copper producers like Anglo-American and Glencore saw gains due to this supply disruption [4] Homebuilders Performance - Homebuilders like Lennar (LEN) and D.R. Horton (DHI) are experiencing gains, attributed to a 20.5% surge in U.S. sales of new homes in August 2025, reaching an annual rate of 800,000 units [5] Upcoming Economic Data - Key U.S. inflation data (PCE) is anticipated, which could significantly influence market direction [6] - Weekly jobless claims data and the latest GDP estimate are also set to be released, providing insights into the labor market and economic health [6] Federal Reserve Commentary - Federal Reserve Chair Jerome Powell's remarks on equity prices being "fairly highly valued" and a measured approach to interest rate cuts continue to weigh on investor sentiment [7] - Stronger-than-expected economic reports may reduce the urgency for aggressive rate reductions [7] Corporate Earnings Reports - Notable companies like Costco Wholesale (COST), Accenture (ACN), and CarMax (KMX) are scheduled to report fiscal fourth-quarter results, which will be closely watched for insights into consumer spending [8][9] Individual Stock Movements - Technology stocks, particularly in the AI space, are facing profit-taking; Nvidia (NVDA) shares fell 0.8% and Oracle (ORCL) fell 1.7% due to valuation concerns [10] - Intel (INTC) shares rose over 5% on news of seeking investment from Apple, while IBM (IBM) rose more than 5% following positive trial results using its quantum computing technology [11] - Starbucks (SBUX) shares slipped almost 1% due to layoffs and store closures, while CarMax (KMX) tumbled 19.8% after reporting weaker-than-expected profits [12] - Lithium Americas (LAC) soared 95.8% on reports of potential U.S. government investment in its lithium project [13] Market Environment - The market is navigating a complex environment characterized by a resilient economy, cautious Federal Reserve, and re-evaluation of high-growth stock valuations [14]

Taking the NO on Costco to say Hot Dog during their earnings call.They have 2x before.Once in 2024 when they said they wouldn’t raise the price&& again in Q&A this year, from Q1, but I lean that they will not say it this earnings report for Q2 https://t.co/T1KjErEIxJ ...

Market Overview - U.S. stock markets are experiencing a pullback, with major indexes declining for three consecutive sessions after reaching record highs earlier in the week, indicating a pause for investors to digest economic data and corporate news [1][10] - The S&P 500 is down approximately 0.6%, the Nasdaq Composite has fallen 0.9%, and the Dow Jones Industrial Average shows a modest decline of 0.1%, yet all indexes remain near all-time highs [2] Economic Indicators - The final revision to second-quarter GDP shows an annual growth rate of 3.8%, revised up from 3.3% [3] - Weekly jobless claims fell to a two-month low of 218,000, indicating a resilient labor market [3] - Core capital goods new orders rose by 0.6% month-over-month, exceeding expectations [3] - The 10-year Treasury yield increased to 4.18%, up from 4.15%, which may negatively impact stock prices due to rising borrowing costs [3] Upcoming Economic Data - Investors are awaiting the release of the August Personal Consumption Expenditures (PCE) index, which is crucial for shaping expectations regarding the Federal Reserve's monetary policy [4] Earnings Reports - CarMax (KMX) shares fell nearly 12% after missing second-quarter profit targets, while THOR Industries Inc. (THO) surged 6.1% after exceeding earnings estimates [5] - Other companies reporting earnings include Accenture plc (ACN), Jabil Inc. (JBL), Synnex Corp. (SNX), BlackBerry Limited (BB), and LuxExperience B.V. (LUXE) [5] Notable Stock Movements - Intel (INTC) shares surged nearly 7% following reports of discussions with Apple (AAPL) regarding potential collaboration [6] - IBM (IBM) rose over 5% due to positive news related to quantum computing [7] - Tesla (TSLA) shares declined by 3.5%, while Oracle (ORCL) fell 4.7% for the third consecutive day [7] - Amazon (AMZN) shares decreased after agreeing to a $2.5 billion settlement over deceptive subscription practices [8] - Birkenstock (BIRK) shares jumped close to 5% after pre-announcing strong results, while Freeport-McMoRan (FCX) sank 11.6% due to lower sales forecasts [9] Market Sentiment - The overall market sentiment is cautious as investors weigh strong economic data against potential implications for monetary policy, leading to a rotation out of high-flying tech stocks [10]

Economic Data Summary - Q2 GDP was revised up from +3.3% to +3.8%, marking the strongest quarter of growth since Q3 2023 [2] - Consumption increased significantly from +1.6% to +2.5%, indicating a stronger appetite among U.S. consumers [3] - The Price Index rose by 10 basis points, with headline inflation at +2.1% and core inflation at +2.6% [3] Job Market Insights - Initial Jobless Claims fell to 218K, down 17K from estimates and 64K lower than two weeks ago, reaching the lowest level since mid-summer [4] - Continuing Claims rose slightly to 1.926 million, remaining below 1.94 million for the third consecutive week [5] Manufacturing and Trade Data - August Durable Goods Orders increased by +2.9%, significantly better than the prior month's -2.7% and the consensus estimate of -0.5% [6] - The Advanced U.S. Trade Balance for August showed an improvement to -$85.5 billion from -$102.8 billion [7] - Advanced Retail Inventories remained unchanged, while Advanced Wholesale Inventories decreased to -0.2% [7] Market Expectations - Existing Home Sales for August are forecasted at 3.96 million, a decrease from July's 4.01 million [8] - Costco is expected to report fiscal Q4 results with a projected earnings growth of +12.8% year over year and +8.1% revenue growth [9]

Core Viewpoint - Costco is expected to report strong earnings, positioning itself as a leading retailer globally due to its diverse business model and growth opportunities, particularly in store expansion [2][3]. Company Performance - Costco is anticipated to have exceptional growth, with the potential to expand its store count by 30 to 40% globally [2]. - Each Costco store is equivalent to 30 Albertson's stores, indicating its competitive advantage as rivals face closures [3]. - The company is outperforming competitors like Walmart and Sam's Club in various operational metrics, including better service and inventory management [3]. Market Positioning - Costco is benefiting from a value-driven consumer base, with a notable shift towards private label brands, particularly its Kirkland brand, which is recognized for quality and value [4][5]. - The company has stringent procurement practices, ensuring that vendors cannot unjustifiably raise prices, which enhances customer value [5][6]. Expansion Strategy - Costco is expected to announce expansion plans in regions such as the People's Republic of China, Asia-Pacific, and Central United States, capitalizing on opportunities in markets with less competition [7][8]. - The company is likely to convert vacant retail spaces from bankrupt stores into high-volume Costco locations, further solidifying its market presence [8]. Financial Outlook - Costco's stock is currently trading between $145 and $150, with a target price projected to increase by 20 to 24% within a year, indicating strong growth potential despite broader retail challenges [9]. - The company is managing tariff impacts by passing costs onto vendors rather than consumers, which may affect margins but helps maintain competitive pricing [9][16].

Economic Data Summary - Q2 GDP was revised up from +3.3% to +3.8%, marking the strongest quarter of growth since Q3 2023 [2] - Consumption saw a significant increase from +1.6% to +2.5%, indicating a stronger appetite among U.S. consumers [3] - The Price Index increased by 10 basis points, with headline at +2.1% and core at +2.6% [3] Job Market Insights - Initial Jobless Claims fell to 218K, down 17K from estimates and 14K from the previous week, reaching the lowest level since mid-summer [4] - Continuing Claims rose slightly to 1.926 million, remaining below 1.94 million for the third consecutive week [5] Durable Goods Orders - August Durable Goods Orders increased by +2.9%, significantly better than the prior month's -2.7% and the consensus estimate of -0.5% [6] - Excluding Transportation orders, the increase was +0.4%, down from +1.0% in the previous month [6] Trade and Inventory Data - The Advanced U.S. Trade Balance for August improved to -$85.5 billion from -$102.8 billion [7] - Advanced Retail Inventories remained unchanged at +0.2%, while Advanced Wholesale Inventories decreased to -0.2% [7] Company Performance Expectations - Costco is expected to report fiscal Q4 results with a projected earnings growth of +12.8% year over year and revenue growth of +8.1% [10] - Costco has outperformed earnings expectations in three of its past four quarters [10]

Corporate Earnings Overview - Corporate earnings are a primary driver of stock market returns, with the current bull market supported by a resilient corporate backdrop, particularly in the tech sector due to an investment boom in artificial intelligence [1][2] - Total earnings growth in Q2 was 12.5% year-over-year, with revenues up 6.2%, both exceeding estimates, indicating strong corporate performance despite concerns like tariffs [3][4] - S&P 500 earnings for Q3 are expected to rise by 5.1% year-over-year, with a 6% increase in revenues, although this reflects a deceleration compared to Q3 2024 [5] Earnings Revisions and Outlook - The trend of earnings estimate revisions for Q3 has been mainly positive since April-May, with increases noted in sectors like technology and financials, which is seen as a bullish sign [7] - Annual S&P 500 earnings are projected to increase by 9.3% in 2025, supported by a 4.1% rise in revenues, with expectations for accelerated growth in the coming years [9][10] Company-Specific Insights - Jabil (JBL) reported fiscal Q4 earnings of $3.29 per share, surpassing estimates by 11.5%, with revenues of $8.25 billion, exceeding consensus by 7.67% [13][14] - Costco (COST) is expected to report fiscal Q4 earnings of $5.81 per share, reflecting a 12.8% growth year-over-year, with revenues projected at $86.23 billion [16][20] - Costco's performance will provide insights into membership trends and consumer behavior, particularly in a value-focused retail environment [17][20]

Core Insights - Costco Wholesale Corporation is set to release its fourth-quarter earnings results on September 25, with analysts expecting earnings of $5.81 per share, an increase from $5.29 per share in the same period last year [1] - The projected quarterly revenue for Costco is $86.06 billion, up from $79.7 billion a year earlier [1] Financial Performance - Costco has exceeded analyst revenue estimates in two consecutive quarters and five out of the last ten quarters [2] - The company currently offers an annual dividend yield of 0.55%, translating to a semi-annual dividend of $1.30 per share, or $5.20 annually [2] Dividend Strategy - To generate $500 monthly or $6,000 annually from dividends, an investment of approximately $1,090,842 or around 1,154 shares is required [2] - For a more modest income of $100 per month or $1,200 annually, an investment of $218,357 or around 231 shares is necessary [2] Dividend Yield Mechanics - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on stock price changes [3] - Changes in dividend payments also affect the yield; an increase in dividends raises the yield if the stock price remains constant [4] Stock Performance - Costco's shares rose by 0.2%, closing at $945.27 on the previous Wednesday [4]

take us through as an analyst what you are looking for in those results after the closing bell today. Hey, good morning Tom Don. Thanks for having me on.So ju just given the monthly sales numbers that Costco reports, we already know that they're going to print uh about 6% same store sales in the US that excludes the more volatile gas category and then globally that's about 6 and a half%. So very good numbers. We just don't think this is enough for Costco.So a bit of a deceleration from the 8% last quarter. ...