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What we know about this company
A dated company review is availableCostco Wholesale Corporation
No eligible material change versus the 2026-08-30 company check; same-day Sept. 2 sales material was excluded by the cutoff rule.
TickerYou is watching this company, but we are not currently recommending it. An earlier full review was positive 7/10, but that view is historical.
$904.77
last session
Price only · no current Idea
Quarterly results in 12 days · Sep 24 · Confirmed date
This came from an earlier review. It is useful background, not a current Idea.
Costco runs about 900 warehouse stores that only let you shop if you pay a yearly membership fee. That fee — $65 or $130 a year in the US — is where almost all the profit comes from. The stores sell groceries and household goods at tiny markups on purpose, because cheap prices are what keeps members renewing (92 out of every 100 members renew each year). Last quarter it did $69 billion in sales in three months and earned $2.2 billion, or $4.93 per share. It has no debt problem and plenty of cash. The one thing that has to keep going right: members have to keep renewing at that 90%+ rate. The one thing that could go wrong: the stock is expensive — you pay about $48 today for every $1 the company earns in a year — so even a small slowdown could knock the price down 20-30% without anything really breaking in the business.
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TickerYou is checking this company, but no active investment Idea is open.
That review was positive with 7/10 research strength. It is history, not a current Idea.
Read the newest company check below. New facts can update the research, but watching a company does not turn it into a recommendation.
No eligible material change versus the 2026-08-30 company check; same-day Sept. 2 sales material was excluded by the cutoff rule.
No eligible material change versus the 2026-08-30 sweep; same-day Sept. 2 sales material was excluded by the cutoff rule. Costco's 3m catalyst remains the confirmed Sept. 24 Q4 earnings call, while the 1y read remains quality compounder with valuation-sensitive upside.
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Earlier company review · Record saved Aug 13, 2026 · check date unavailable. The original research wording and date checks stay available inside.
These events and risks came from an earlier company review. There is no current Idea.
An event can change what investors believe. A risk shows how our research could be wrong.
Watch the reported outcome and whether it changes the assumptions or risks below.
Company-confirmed by Costco Wholesale Corporation - Q4 2026 Earnings Call · Aug 5, 2026
No eligible material change versus the 2026-08-30 company check; same-day Sept. 2 sales material was excluded by the cutoff rule.
A company check updates what we know. It does not by itself turn this company into a current opportunity.
We rated 2 of 2 upcoming events. 0 are both likely and important.
1 older quarterly-results date is hidden because a newer company check is shown above.
The recorded date has passed.
The date is not clear enough to calculate nearness.
The date is not clear enough to calculate nearness.
Computed by TickerYou from 1254 completed daily closing sessions supplied by Yahoo Finance, through Sep 10, 2026. The Sep 11, 2026 quote-session candle was excluded because a delayed feed cannot prove it was final. No company fundamentals enter this reading.
The price has been trending down across both the medium and longer term.
Price movement can help with timing and can warn when the market disagrees with our Idea. It does not tell us what the business is worth.
Watch whether the close can recover above the 50-session average at $941.18; the 200-session average at $960.44 is the slower reference.
Last closing price
$902.38
Sep 10, 2026
Average price over 20 trading days
$940.62
Close is 4.1% below this average
Average price over 50 trading days
$941.18
Close is 4.1% below this average
Average price over 200 trading days
$960.44
Close is 6.0% below this average
Recent price speed
34.1 · balanced
A 14-day speed reading; lower than 30 is low and higher than 70 is high
Is the trend speeding up?
Below signal
Shows whether the shorter trend is pulling ahead of or behind the longer one
The moving averages are simple averages over exactly 20, 50, and 200 daily trading sessions. RSI uses Wilder's 14-session smoothing; a flat series is neutral at 50. MACD uses 12- and 26-session exponential averages with a 9-session signal. A window is never shortened when history is missing. Every comparison uses the final dated daily close—not an intraday quote—so all figures share one observation boundary. A candle dated to an active delayed-quote session is excluded because it may still be changing. These are trend and momentum references, not a Buy/Sell score.
We keep the original wording so readers can check the record. Any figures below belong to that older review and are not current guidance.
High-quality compounder with a real moat, trading at a full price. The business deserves a premium; the current premium leaves little cushion. Own it, don't chase it.
A conditional model using SEC filings and a delayed-market quote from Yahoo Finance for the Sep 11, 2026 session. It is not a market forecast or analyst consensus.
The required growth rate cannot be established from compatible current inputs.
A high number means the company must grow quickly to justify today's price. A low number gives the business more room to disappoint.
Watch sales growth and operating profit. If either changes, this required-growth number can change too.
— what the price assumes could not be computed: revenue or operating income is not established in the SEC data.
The last deep review estimated 7–11% yearly growth. That is useful history, but there is no current Idea, so we do not compare it with today's price. review saved Aug 13, 2026 · check date unavailable.
1M
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1Y
Every figure comes from an SEC filing and carries the day it was measured. Nothing here is estimated.
A year-over-year share-count conclusion is not established: could not be checked just now.
Without two comparable filed counts, the app cannot say whether existing owners gained or lost percentage ownership.
Watch for two comparable filing cover pages before interpreting dilution or ownership-slice change.
Total share count — not known yet
could not be checked just now
The request for this filer's cover-page share count did not reach the SEC — a rate limit, a server error, or a dropped connection on our side. That is a failure of ours and carries no information about the company: it is NOT evidence that the filer does not report the figure. The number is withheld rather than guessed, and returns on the next successful load.
No bar is drawn: with no total share count there is nothing to draw a proportion of.
could not be checked just now
Each quarter is named by the fiscal quarter the company itself reported — the label its release used and its consensus estimate was quoted against — and by the month that quarter ended, taken from the filer's own XBRL period boundaries. A fiscal year need not follow the calendar, so Apple's Q2 runs January to March; naming the quarter end keeps that true in both calendars, and no quarter number is ever inferred from a date. Quarterly financials beside this card names the same quarter the same way. TickerYou takes the figures from the release and its filing; every word, sign and percentage is calculated by the app from those stored numbers. A post-release reaction appears only with the stored first-close measurement stamp; otherwise the card says the window is not established and computes no divergence. EPS here is on the basis consensus quotes — adjusted for most US names — so it can legitimately differ from the GAAP figure in Quarterly financials. Rows marked [backfilled] were confirmed from archived coverage after the fact — a lower evidence tier than live capture, and labelled so.
Q3 FY2026 · May 2026: EPS beat the stored consensus estimate, while revenue beat the stored consensus estimate. No post-release price reaction is asserted because its stamped measurement window is not established.
A surprise shows how the release differed from expectations, not whether the business is good or the thesis is right. The price reaction shows repricing, not its cause.
Watch whether the next comparable release confirms the result; one beat or market move does not establish a durable trend.
Quarter ended May 10, 2026 · Reported May 28, 2026 · stock move after results · not shown
[backfilled] Costco delivered 11.6% net-sales growth to $69.15B with comparable sales up 9.8%, digitally-enabled sales surging 21.5%, and membership fee income up 10.7% to $1.37B; total revenue of $70.53B cleared consensus on broad-based strength in e-commerce and gas volumes with no change to membership-fee policy.
Quarter ended Feb 15, 2026 · Reported Mar 5, 2026 · stock move after results · not shown
[backfilled] Beat on both lines — GAAP diluted EPS $4.58 vs $4.55 consensus; total revenues $69.6B cleared $69.1B expectations; comparable sales +7.4%, membership fee income +13.6% (partially boosted by the Sept 2024 fee hike); CEO pledged tariff-cost refunds to members; stock fell ~2% after hours on valuation concerns despite the clean top-and-bottom beat.
Quarter ended Nov 23, 2025 · Reported Dec 11, 2025 · stock move after results · not shown
[backfilled] Costco's fiscal Q1 showed 6.4% comparable sales growth and 20.5% digital gains, with membership fee income up 14% on the recent fee increase; net income reached $2.0B as margins held firm, delivering a clear EPS beat while revenue came in fractionally ahead of consensus.
Quarter ended Aug 31, 2025 · Reported Sep 25, 2025 · stock move after results · not shown
[backfilled] Costco's 16-week fiscal Q4 (ending August 31, 2025) showed 5.7% comparable-store sales growth and e-commerce comps of 13.6%, with membership fee income rising 14% to $1.72B; EPS cleared the Zacks consensus while total revenue landed essentially flat to estimates, and no formal forward guidance was issued.
Quarter ended May 11, 2025 · Reported May 29, 2025 · stock move after results · not shown
Computed from SEC filings — never model output. Each quarter is named by the fiscal quarter the company itself reported and the month that quarter ended, through the same resolver the Earnings card beside this one uses; where no release established a fiscal label, the quarter is named by its end alone rather than by a quarter number guessed from the date. EPS is GAAP diluted, as filed, so it can legitimately differ from the adjusted figure in the Earnings card (consensus is quoted adjusted). Y/Y compares the same fiscal quarter a year earlier; a comparison that cannot be made honestly is an em-dash that says why.
Q3 FY2026 · May 2026: Revenue grew 11.6% year over year; net income grew 15.2% year over year; and net profit margin was 3.1%, up 0.10 percentage points.
Comparing the same fiscal quarter a year earlier controls for seasonality. Revenue direction and margin direction together show whether sales are translating into profit, but one quarter is evidence—not a complete thesis.
Watch whether the next comparable quarter confirms both the sales direction and the margin direction.
Complete SEC 13F filings only. These delayed reports show filed share amounts, not a manager’s full portfolio, intent, or a proven trade.
2 of 14 recent complete filings report ordinary shares. Compared with the prior report: 2 with fewer shares and 1 that no longer report it.
A large, repeated position can support a research story, but these filings arrive late and do not show an investor’s full portfolio or reason for owning the stock.
Look for the same investor to keep a meaningful position across several reports.
No numeric score or recommendation is made from these delayed filings. They are one piece of background evidence, not a buy or sell signal.
14 current complete filings of 16 tracked managers. 2 investors have only an older filing and are left out of this current view. Current holding dates span Mar 31, 2026 to Jun 30, 2026.
Append-only company checks, newest evidence first. Evidence dates come from frozen research cutoffs; older rows without a cutoff are labelled by publication time instead. Multiple checks are preserved, never silently merged into one conclusion.
Not researched yet. Release dates, tranche sizes, the shares issued at IPO and the insider breakdown are prose in the prospectus and in 8-Ks, with no XBRL tag to read them from. They appear here once TickerYou research can quote the source clause behind each figure—never estimated in the meantime.
[backfilled] Costco posted modest beats on both lines with net sales up 8% YoY to $61.97B and e-commerce comps up ~16%; management flagged tariff-driven supply-chain adjustments and selective price increases, describing hikes as a 'last resort', while membership fee revenue grew to $1.24B.
| (USD) | Q3 FY2026Quarter ended May 2026 | vs last year |
|---|---|---|
| Revenue | $70.53 B | |
| Profit after costs | $2.19 B | |
| Profit per share | 4.93 | |
| Profit margin | 3.1% |
† derived: the fiscal year minus its three reported quarters — no 10-K reports a Q4 figure directly. For EPS this assumes per-share figures add across the year.
| Quarter | Revenue | Y/Y | Net income | Margin |
|---|---|---|---|---|
| Q2 FY2026 · Feb 2026 | $69.60 B | $2.04 B | 2.9% | |
| Q1 FY2026 · Nov 2025 | $67.31 B | $2.00 B | 3.0% | |
| Q4 FY2025 · Aug 2025 | $86.16 B † | $2.61 B † | 3.0% | |
| Q3 FY2025 · May 2025 | $63.20 B | $1.90 B | 3.0% | |
| Feb 2025 | $63.72 B | $1.79 B | 2.8% | |
| Nov 2024 | $62.15 B | $1.80 B | 2.9% | |
| Sep 2024 | $79.70 B † | $2.35 B † | 3.0% | |
| May 2024 | $58.52 B | $1.68 B | 2.9% |
COST is 0.10% of Bridgewater Associates's disclosed portfolio ($24.79 M). Holdings as of Jun 30, 2026. Reported in all 6 quarters we can see.
COST is 0.05% of Citadel Advisors's disclosed portfolio ($476.77 M). Holdings as of Jun 30, 2026. Reported in all 2 quarters we can see.
Market-neutral / multi-strategy: Citadel often reports shares, calls, and puts at the same time. These rows show reported exposure, not a simple bullish or bearish bet.
Citadel Advisors (Ken Griffin) reports a PUT option ($1.45 B). The filing does not prove whether it is a bet or a hedge, so options never count as ordinary shares above.
Citadel Advisors (Ken Griffin) reports a CALL option ($1.48 B). The filing does not prove whether it is a bet or a hedge, so options never count as ordinary shares above.
2 lower reported, 1 absent. Reported amounts only; corporate actions are not normalized.
Reported by 2 of 14 managers with a current filing; at least 0.5% of disclosed 13F value for 0.
Largest reported position: Bridgewater Associates (Ray Dalio) at 0.10% of disclosed 13F value ($24.79 M).
Across 6 quarters of stored filings: 3 newly or higher comparisons, 8 lower or absent, 0 unchanged, across 3 managers. Corporate actions are not normalized.
No numeric score is shown: filing comparisons are not adjusted for splits or other corporate actions, so reported changes cannot be treated as trades.
13Fs can arrive up to 45 days after quarter end. They omit short positions, cash, and securities outside the SEC's 13(f) list. Higher, lower, new, and absent describe filed share amounts, not proven purchases or sales; splits and other corporate actions are not normalized. This is context for a thesis, never a call by itself.
No eligible material change versus the 2026-08-30 sweep; same-day Sept. 2 sales material was excluded by the cutoff rule. Costco's 3m catalyst remains the confirmed Sept. 24 Q4 earnings call, while the 1y read remains quality compounder with valuation-sensitive upside.
2026-09-24 (company-confirmed) 02:00 PM PT earnings call date was posted on Costco investor relations.
Checked Costco EDGAR current report activity; no newer eligible Form 8-K or 10-Q was found than the July dividend filing in this sweep.
No material change versus the 2026-08-28 prior sweep. Costco still has a confirmed September 24 earnings catalyst; the 3m and 1y long-term read remains quality compounder, but valuation leaves limited cushion.
2026-09-24 (company-confirmed) 02:00 PM PT earnings call date was posted on Costco investor relations.
Checked Costco EDGAR current report for recent dividend filing activity.
Checked recent Costco market coverage for last-five-day business relevance.
This is trading-color only: it discusses a one-day share move and relative market performance, not Costco's earnings power, moat, or balance sheet.
source ↗No material change versus the newest prior sweep. Costco remains a high-quality compounder with a confirmed September 24 earnings catalyst, while valuation still limits the 3m and 1y margin of safety.
2026-09-24 (company-confirmed) 02:00 PM PT earnings call date was posted on Costco investor relations.
Checked Costco EDGAR current report for recent dividend filing activity.
Checked Costco Medicare coverage for current fundamental business relevance.
Fundamental but modest and already captured in prior memory: the SCAN partnership extends Costco's member-value platform into co-branded Medicare Advantage and supplement plans, though disclosed financial terms were limited.
source ↗Evidence checked Aug 26, 2026 · 2 recorded assessments
Costco remains a high-quality compounder with a confirmed September 24 Q4 catalyst. The Medicare item is strategic optionality, while valuation still constrains the 3m and 1y margin of safety.
2026-09-24 (company-confirmed) 2:00 PM PT earnings call date was posted on Costco investor relations.
Checked Costco EDGAR current report filing for recent dividend action.
Checked recent Costco Medicare coverage for fundamental business relevance.
Fundamental but modest: the SCAN partnership extends Costco's member-value platform into co-branded Medicare products, although financial terms were not disclosed and the offering is still pending approval.
source ↗No change versus the newest prior sweep. Costco remains a high-quality compounder with a confirmed September 24 Q4 catalyst, while valuation still limits the margin of safety over 3m and 1y horizons.
2026-09-24 (company-confirmed) earnings call date and 2:00 PM PT timing were posted on Costco investor relations.
Evidence checked Aug 24, 2026 · 2 recorded assessments
No new item versus the 2026-08-24 prior sweep; Medicare remains a small strategic optionality item. The 3m decision point is Q4 results, while the 1y issue is valuation versus durable membership growth.
Checked Costco investor relations for confirmed Q4 earnings call date
Checked Costco SEC submissions for trailing-month filing activity
Checked Costco Medicare partnership announcement for fundamental relevance
Fundamental, but modest near term: it extends Costco's member-value ecosystem into Medicare-related products without Costco becoming the underwriter. The pilot could add service revenue and member stickiness if approved and scaled.
source ↗New versus the prior sweep: Costco's Medicare pilot adds a small optionality layer to the membership ecosystem. Core 3m setup remains the Sept. 24 Q4 print; quality is strong, valuation still leaves little error margin.
Checked Costco investor relations event page for next earnings timing
Published Aug 19, 2026 · 2 recorded assessments
No SEC filings in the trailing month (last 8-K was July 8); the only fundamental data point is strong July sales (+10.7%), consistent with the durable compounder thesis. Quality is not in question — valuation/entry is the only debate ahead of the Sept 24 Q4 report.
Double-digit reported sales growth (48-week net sales +10.1% to $273.55B) confirms membership-driven traffic and demand momentum going into the Q4 print — a direct read on earnings power.
source ↗Costco is executing at high velocity — 10.7% July sales growth and 10.1% YTD are exceptional for a mature warehouse retailer. FY2026 closes around August 30 and September 24 earnings should confirm a strong year. Membership model durability and consistent comp execution remain core structural advantages worth paying up for.
Checked Costco investor relations SEC filings page for recent filing activity.
Checked recent Costco Medicare coverage for fundamental business relevance.
Fundamental but modest and already captured in the prior sweep: the reported Costco-SCAN arrangement extends Costco's member-value ecosystem into branded Medicare Advantage and supplement plans, but the item does not yet look large enough to alter near-term earnings power materially.
source ↗Checked Costco EDGAR activity; most recent opened filing was outside the trailing month
Checked recent Costco healthcare partnership news for fundamental impact
Fundamental, but likely modest at first: the limited Medicare Advantage and supplement rollout extends Costco's member-value ecosystem into healthcare, though financial terms were not disclosed and regulatory approval is still required.
source ↗Double-digit sales growth sustained through week 48 of fiscal year with broad-based comp strength across all geographies signals healthy membership traffic, strong execution into fiscal year-end close, and positions the September 24 earnings report well.
source ↗