COSTCO WHOLESALE CORPORATION (COST)

The wholesale retailer reduced prices on wings, chocolate almonds, golf balls, and king-size sheets by as much as $10

Costco Wholesale (COST 0.24%) reported blowout earnings for the 2026 fiscal third quarter (ended May 10). The warehouse retailer is demonstrating accelerating sales growth and is even more popular as consumers seek the best prices amid rising inflation rates. As outstanding as the report was, it was…

This followed a robust third-quarter ... spiked 21%, and gas sales set a record. Also, earnings shot up 15% to $4.94 per share. ... Typically, reports this strong would be a catalyst for the stock price to rise, but Costco shares have sputtered over the past week....

Costco saw "recording-breaking volumes" of gas sales and said rising fuel prices drove first-time members to its stations.

Costco has been a growth beast, while focusing mainly on North America; there's still ample room for it to grow internationally. The potential is alluring. The problem with the retail stock, however, is that it isn't cheap. You might expect retail stocks to trade at low earnings multiples for ...