--- title: "Weekly Recap | Costco Wholesale -3.14%, August sales up 9.9%" type: "News" locale: "en" url: "https://longbridge.com/en/news/298096653.md" description: "Costco Wholesale (COST) fell 3.14% this week to $915.74, while the S&P 500 rose 0.09%, leaving the stock trailing the benchmark by about 3.23 percentage points. The week traced a clear fade: Monday (31 August) opened at $945.19 and pushed toward the $949 area, and Tuesday (1 September) hit the week’s high of $952.095 before turning lower. The next three sessions carried the price steadily down, with Friday (4 September) printing an intraday low of $914." datetime: "2026-09-05T06:30:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298096653.md) - [en](https://longbridge.com/en/news/298096653.md) - [zh-HK](https://longbridge.com/zh-HK/news/298096653.md) generator: "portal-rs" --- # Weekly Recap | Costco Wholesale -3.14%, August sales up 9.9% ## The Week Costco Wholesale (COST) fell 3.14% this week to $915.74, while the S&P 500 rose 0.09%, leaving the stock trailing the benchmark by about 3.23 percentage points. The week traced a clear fade: Monday (31 August) opened at $945.19 and pushed toward the $949 area, and Tuesday (1 September) hit the week’s high of $952.095 before turning lower. The next three sessions carried the price steadily down, with Friday (4 September) printing an intraday low of $914.54 and closing near the week’s bottom. Four of the five sessions closed in the red, while volume stayed orderly with no heavy distribution. ## Key Events The core story this week was sales momentum against a backdrop of membership changes and regulatory scrutiny. On Thursday (3 September), Costco reported August sales up 9.9% year-over-year to $23.7 billion, alongside fiscal 2026 revenue up 10% to $297 billion. The following day, attention shifted to the sudden removal of a popular member perk offering up to 40% off, tied to the Costco Next programme. On the regulatory side, the Department of Justice expanded its beef price investigation to eight major grocery retailers, with Costco among the names listed. The week also brought a flurry of position disclosures from institutions including Pasadena Private Wealth, Allworth Financial and Daiichi Life Insurance, though these filings did not define the narrative. ## Analyst Ratings Across 39 institutions covering Costco, 19 rate it buy, 4 overweight, 14 neutral, 1 underweight and 1 sell. The consensus rating is buy, with a consensus target of $1,072.20, about 17.09% above the latest price of $915.74. The target range runs from $740 to $1,315, a wide spread that shows how far views remain apart on valuation. Within its consumer retail peer group, Costco ranks 2nd among 9 companies. ## The Week Ahead Next week brings a dense macro calendar. Thursday (10 September) features initial jobless claims, final demand PPI and core final demand PPI, existing home sales, wholesale sales and a 10-year Treasury auction. Yields and inflation readings could shift the relative appeal of defensive consumer names. On the company side, Costco reports fiscal 2026 fourth-quarter results on Thursday (24 September) after the close, with consensus at $6.5457 in EPS and $94.8 billion in revenue. That release is the next test of whether membership growth and sales momentum can support the current multiple. ## In Short The fundamental story did not look weak this week: August sales grew close to double digits, full-year revenue hit $297 billion, and the consensus rating sits at buy with a target roughly 17% above spot. Yet the stock lagged the market by more than 3 percentage points. In the latest session, small-lot money was a net buyer while large-lot money was a net seller. At around 45.95x earnings and 12.12x book, the valuation is historically rich, which leaves the stock sensitive to any marginal change in member benefits or regulatory exposure. What comes next is whether the fiscal fourth-quarter results on 24 September can justify the premium, and how next week’s rate and inflation data reshape the relative trade in defensive consumer names. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [COST.US](https://longbridge.com/en/quote/COST.US.md) - [COTG.US](https://longbridge.com/en/quote/COTG.US.md) - [COSW.US](https://longbridge.com/en/quote/COSW.US.md) ## Related News & Research - [Costco's Sales Jump 10% to $297B in Fiscal 2026 — Is COST Stock Still a Buy?](https://longbridge.com/en/news/297898944.md) - [If You Invested $1000 In Costco Wholesale Stock 20 Years Ago, You Would Have This Much Today](https://longbridge.com/en/news/298056887.md) - [Costco (COST) Receives a Buy from Evercore ISI](https://longbridge.com/en/news/297937577.md) - [Jim Cramer Puts Costco Stock (COST) in the 'Penalty Box.' Here's Why](https://longbridge.com/en/news/298059430.md) - [What Could Costco Wholesale (COST) Investors Learn From The Expanded DOJ Beef Probe?](https://longbridge.com/en/news/298082455.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**