Why Costco Stock Dropped Today
If you liked your Costco stock, you can keep your Costco stock -- even after last night's report.Costco Wholesale (COST 3.05%) slid 2.6% through 10:05 a.m. ET Thursday after reporting same-store sales (SSS) for November and Q1 last night -- and yet, the news wasn't bad. For the four weeks ended Nov. 30, Costco grew its net sales 8.1% to $23.6 billion. Sales for the 12 weeks preceding that date were $66 billion, up 8.2%. And sales for the entire first fiscal quarter 2026 were $72 billion -- also up 8.2%. Cos ...