Added to YB: 2026-09-29
Pitch date: 2026-09-24
COST [bearish]
Costco Wholesale Corporation
-10.26%
current return
Author Info
No bio for this author
Company Info
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden.
Market Cap
$409.4B
Pitch Price
$887.00
Price Target
N/A
Dividend
0.64%
EV/EBITDA
26.78
P/E
44.49
EV/Sales
1.31
Sector
Consumer Staples Distribution and Retail
Category
N/A
Costco Beat on Tariff Refunds the Day Long Bonds Fell 1.29%. Only One of Those Repeats.
COST (earnings): Costco’s earnings beat came from nonrecurring tariff refunds, not evidence of stronger traffic, renewals or core merchandise margin. The business remains excellent but fully priced, with its premium multiple vulnerable as long-duration Treasuries fell 1.29% and higher yields compete with dependable cash flows. Strip out the refund and watch membership income and renewals first, followed by ex-gas comps and merchandise margin excluding one-offs.
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