How did Costco's December sales perform?

Costco reported a total sales increase of 8.5% to $29.86 billion in December.

What is UBS's outlook on Costco stock?

UBS reaffirmed its 'Buy' rating for Costco stock with a $1,205 price target.

What were Costco's comparable sales figures for December?

Costco's core US comparable sales rose by 6.3% in December, reaching a two-year high.

Home / Business and Economy / Costco Stock Soars on Stellar December Sales

Costco Stock Soars on Stellar December Sales

8 Jan

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Summary

Costco's stock surged over 5% following robust December sales figures.
US comparable sales increased by 6.3%, marking a two-year high.
Multiple analysts maintain positive ratings, citing strong performance.

Costco Stock Soars on Stellar December Sales

Costco's stock price saw a notable increase of over 5% on Thursday, trading at $927.87. This surge followed the release of the company's strong December sales performance. UBS reaffirmed its 'Buy' rating with a $1,205 price target, highlighting investor confidence.

December's core US comparable sales grew by 6.3%, a significant achievement building on last year's gains. On a two-year stacked basis, this growth now exceeds 16%, the highest in nine months. Total sales for the month also rose by 8.5% to $29.86 billion.

Investment firms like Jefferies and Mizuho Securities have also issued positive ratings, with Mizuho adding Costco to its 2026 top picks. While some analysts maintain neutral stances, the overall sentiment points to continued sales momentum and robust performance for the retail giant.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.