As of March 11, 2025, Costco Wholesale Corporation (NASDAQ: COST) is trading at $934.41 per share, reflecting a decrease of approximately 3.06% from the previous close.
Costco Wholesale Corp (COST)
$934.41
-$29.50(-3.06%)Today
$935.29+$0.88(+0.09%)Pre-Market
In its recent earnings report, Costco reported earnings per share (EPS) of $4.02, falling short of analyst expectations of $4.09. This miss was primarily attributed to external factors such as unfavorable foreign exchange rates. Despite this, analysts remain optimistic about Costco’s long-term prospects, citing its strong sales performance, including an 8.6% growth in U.S. same-store sales in February, and its resilience against economic challenges.
Additionally, Costco has been proactive in managing supply chain challenges by increasing inventory purchases in response to tariff uncertainties, leading to higher supply chain costs. However, the company has maintained strong customer engagement, with significant growth in e-commerce sales and plans for further expansion, including the opening of 12 new locations in the U.S.
Overall, while Costco faces external challenges, its strategic initiatives and strong market position continue to support its growth trajectory.