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Costco's Extended Hours Bolster Strong Comps, Analyst Recommends Disciplined Buy
Benzinga· 2025-08-07 19:20
Costco Wholesale Corporation COST shares are trading relatively flat on Thursday.On Wednesday, the company reported net sales of $20.89 billion for the retail month of July, an increase of 8.5% from $19.26 billion last year.JP Morgan analyst Christopher Horvers reiterated the Overweight rating on the stock, raising the price forecast from $1,115 to $1,160.Horvers noted that Canada and Other International core comps significantly outpaced Street forecasts—9.1% versus 5.7% and 7.5% versus 6.4%—with the Northw ...