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Costco (COST) Stock Reaffirmed Outperform After Strong June Sales and Warehouse Expansion
Costco (COST) Stock Reaffirmed Outperform After Strong June Sales and Warehouse Expansion

Yahoo

time2 days ago

  • Business
  • Yahoo

Costco (COST) Stock Reaffirmed Outperform After Strong June Sales and Warehouse Expansion

Costco Wholesale Corporation (NASDAQ:COST) ranks among the . William Blair reaffirmed its Outperform rating on Costco Wholesale Corporation (NASDAQ:COST) on July 10 as the company announced monthly sales of $26.4 billion for June 2025, an 8.0% year-over-year increase. The addition of 25 new warehouses, which represented a 2.8% unit expansion, and comparative sales growth of 5.8% were the main drivers behind the sales growth. After two months of sequentially weaker performance, June comparative sales showed a reacceleration, primarily as a result of foreign exchange tailwinds that had been putting pressure on results for 14 months. US adjusted comparable sales increased 5.5%, representing a two-year stack of 11.8% that was in line with the trailing twelve-month average of 11.7%. Adjusted comparable sales increased 7.9% for Canadian operations and 8.2% for other international markets. A membership-based warehouse club, Costco Wholesale Corporation (NASDAQ:COST) offers bulk discounts on an array of products, including food, electronics, and household products. While we acknowledge the potential of COST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.

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