COST V3 technical snapshot
price=946.780029296875 hma21=957.17854320972 hma55=937.7716353225684 sma200=958.0812484741211
price=946.780029296875 hma21=957.17854320972 hma55=937.7716353225684 sma200=958.0812484741211
stock_deep_dive
COST V3 technical snapshot
$COST: evidence-based stock deep dive
COSTCO WHOLESALE CORP /NEW
CORE QUESTION
Can COSTCO WHOLESALE CORP /NEW sustain growth and operating leverage strongly enough to support current expectations? Sector-specific lens: Are comparable sales and digitally-enabled growth sustaining Costco's membership-led operating economics?
WHAT CHANGED
• No sufficiently specific new change was verified.
OPERATING EVIDENCE
• Revenue: $70.53B in Q1 2026; +11.6% YoY.
• Net income: $2.19B in Q1 2026; +15.2% YoY.
• Diluted EPS: $4.93 in Q1 2026; +15.2% YoY.
• Inventory: $19.42B in Q1 2026 period end; +4.4% YoY.
• Operating income: $2.81B in Q1 2026; +11.3% YoY.
• Current lease liability: $208.00M in Q3 2025 period end; +16.2% YoY.
• [Official release 2026-05-28] Total company comparable-sales growth: 9.80% YoY.
• [Official release 2026-05-28] Digitally-enabled sales growth: 21.50% YoY.
EXPECTATIONS AND VALUATION
• trailing P/E 47.7x; forward P/E 41.8x; EV/EBITDA 30.4x; P/S 1.4x.
• Next-year Yahoo consensus snapshot for period ending 2027-08-31: EPS estimate $22.70 (33 analysts); revenue estimate $326.07B (32 analysts).
OFFICIAL COMPANY EVIDENCE
• 2026-05-28 — [SEC EXHIBIT 99.1] COSTCO WHOLESALE CORP /NEW filed an 8-K with the SEC — Exhibit 99.1 earnings release; reporting basis: gaap.
• 2026-06-03 — [SEC FILING NOTICE] COSTCO WHOLESALE CORP /NEW filed a 10-Q with the SEC.
MARKET STRUCTURE
• Latest price $946.78; HMA21 $957.18; HMA55 $937.77; 200DMA $958.08.
EVIDENCE FOR
• Revenue changed +11.6% year over year in the latest comparable period.
• Net income changed +15.2% year over year, confirming the quality of the latest revenue trend.
• Forward P/E of 41.8x is below trailing P/E of 47.7x, implying expected earnings improvement.
• Operating income was 2,815,000,000 in Q1 2026, +11.3% year over year.
• Official operating metric: Total company comparable-sales growth was 9.80% YoY.
• Official operating metric: Digitally-enabled sales growth was 21.50% YoY.
EVIDENCE AGAINST
• Price is above one of the three HMA21, HMA55 and 200DMA trend references.
BOTTOM LINE
The evidence is mixed rather than one-directional. Official operating metric: Total company comparable-sales growth was 9.80% YoY. A key counterpoint: Price is above one of the three HMA21, HMA55 and 200DMA trend references. The thesis should be updated only when the measurable watch conditions change.
WHAT WOULD CHANGE THE VIEW
• Check whether the next filing confirms the direction of inventory after Q1 2026 period end.
• Check whether the next filing confirms the direction of operating income after Q1 2026.
• Check whether the next official release confirms the direction of total company comparable-sales growth from the 2026-05-28 disclosure.
• Check whether the next official release confirms the direction of digitally-enabled sales growth from the 2026-05-28 disclosure.
• A daily close below the nearest support cluster around $941.78 would weaken the price structure.
PUBLIC SOURCES
• COST latest comparable SEC filing (2026-06-03): https://data.sec.gov/api/xbrl/companyfacts/CIK0000909832.json
• COSTCO WHOLESALE CORP /NEW filed an 8-K with the SEC — Exhibit 99.1 earnings release (2026-05-28):
https://www.sec.gov/Archives/edgar/data/909832/000090983226000046/costex9918-k52826.htm
• COSTCO WHOLESALE CORP /NEW filed a 10-Q with the SEC (2026-06-03): https://www.sec.gov/Archives/edgar/data/909832/000090983226000051/0000909832-26-000051-index.htm
#Stocks #Fundamentals #TechnicalAnalysis #COST
COSTCO WHOLESALE CORP /NEW
CORE QUESTION
Can COSTCO WHOLESALE CORP /NEW sustain growth and operating leverage strongly enough to support current expectations? Sector-specific lens: Are comparable sales and digitally-enabled growth sustaining Costco's membership-led operating economics?
WHAT CHANGED
• No sufficiently specific new change was verified.
OPERATING EVIDENCE
• Revenue: $70.53B in Q1 2026; +11.6% YoY.
• Net income: $2.19B in Q1 2026; +15.2% YoY.
• Diluted EPS: $4.93 in Q1 2026; +15.2% YoY.
• Inventory: $19.42B in Q1 2026 period end; +4.4% YoY.
• Operating income: $2.81B in Q1 2026; +11.3% YoY.
• Current lease liability: $208.00M in Q3 2025 period end; +16.2% YoY.
• [Official release 2026-05-28] Total company comparable-sales growth: 9.80% YoY.
• [Official release 2026-05-28] Digitally-enabled sales growth: 21.50% YoY.
EXPECTATIONS AND VALUATION
• trailing P/E 47.7x; forward P/E 41.8x; EV/EBITDA 30.4x; P/S 1.4x.
• Next-year Yahoo consensus snapshot for period ending 2027-08-31: EPS estimate $22.70 (33 analysts); revenue estimate $326.07B (32 analysts).
OFFICIAL COMPANY EVIDENCE
• 2026-05-28 — [SEC EXHIBIT 99.1] COSTCO WHOLESALE CORP /NEW filed an 8-K with the SEC — Exhibit 99.1 earnings release; reporting basis: gaap.
• 2026-06-03 — [SEC FILING NOTICE] COSTCO WHOLESALE CORP /NEW filed a 10-Q with the SEC.
MARKET STRUCTURE
• Latest price $946.78; HMA21 $957.18; HMA55 $937.77; 200DMA $958.08.
EVIDENCE FOR
• Revenue changed +11.6% year over year in the latest comparable period.
• Net income changed +15.2% year over year, confirming the quality of the latest revenue trend.
• Forward P/E of 41.8x is below trailing P/E of 47.7x, implying expected earnings improvement.
• Operating income was 2,815,000,000 in Q1 2026, +11.3% year over year.
• Official operating metric: Total company comparable-sales growth was 9.80% YoY.
• Official operating metric: Digitally-enabled sales growth was 21.50% YoY.
EVIDENCE AGAINST
• Price is above one of the three HMA21, HMA55 and 200DMA trend references.
BOTTOM LINE
The evidence is mixed rather than one-directional. Official operating metric: Total company comparable-sales growth was 9.80% YoY. A key counterpoint: Price is above one of the three HMA21, HMA55 and 200DMA trend references. The thesis should be updated only when the measurable watch conditions change.
WHAT WOULD CHANGE THE VIEW
• Check whether the next filing confirms the direction of inventory after Q1 2026 period end.
• Check whether the next filing confirms the direction of operating income after Q1 2026.
• Check whether the next official release confirms the direction of total company comparable-sales growth from the 2026-05-28 disclosure.
• Check whether the next official release confirms the direction of digitally-enabled sales growth from the 2026-05-28 disclosure.
• A daily close below the nearest support cluster around $941.78 would weaken the price structure.
PUBLIC SOURCES
• COST latest comparable SEC filing (2026-06-03): https://data.sec.gov/api/xbrl/companyfacts/CIK0000909832.json
• COSTCO WHOLESALE CORP /NEW filed an 8-K with the SEC — Exhibit 99.1 earnings release (2026-05-28):
https://www.sec.gov/Archives/edgar/data/909832/000090983226000046/costex9918-k52826.htm
• COSTCO WHOLESALE CORP /NEW filed a 10-Q with the SEC (2026-06-03): https://www.sec.gov/Archives/edgar/data/909832/000090983226000051/0000909832-26-000051-index.htm
#Stocks #Fundamentals #TechnicalAnalysis #COST
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Full text
COST latest comparable SEC filing
Revenue YoY=11.584526540621788; net income YoY=15.186547556489751; EPS YoY=15.186915887850455
Revenue YoY=11.584526540621788; net income YoY=15.186547556489751; EPS YoY=15.186915887850455
COST valuation snapshot
trailing_pe=47.720768; forward_pe=41.789093; enterprise_to_ebitda=30.403; price_to_sales=1.4301618
trailing_pe=47.720768; forward_pe=41.789093; enterprise_to_ebitda=30.403; price_to_sales=1.4301618
COST Revenue
CY2026Q1: 70527000000.0; YoY=11.584526540621788
CY2026Q1: 70527000000.0; YoY=11.584526540621788
COST Net income
CY2026Q1: 2192000000.0; YoY=15.186547556489751
CY2026Q1: 2192000000.0; YoY=15.186547556489751
COST Diluted EPS
CY2026Q1: 4.93; YoY=15.186915887850455
CY2026Q1: 4.93; YoY=15.186915887850455
COST Inventory
CY2026Q1I: 19418000000.0; YoY=4.36418359668924
CY2026Q1I: 19418000000.0; YoY=4.36418359668924
COST Operating income
CY2026Q1: 2815000000.0; YoY=11.264822134387352
CY2026Q1: 2815000000.0; YoY=11.264822134387352
COST Current lease liability
CY2025Q3I: 208000000.0; YoY=16.201117318435752
CY2025Q3I: 208000000.0; YoY=16.201117318435752
COSTCO WHOLESALE CORP /NEW filed an 8-K with the SEC — Exhibit 99.1 earnings release
EX-99.1 2 costex9918-k52826.htm EX-99.1 Document Exhibit 99.1 Press Release COSTCO WHOLESALE CORPORATION REPORTS THIRD QUARTER AND YEAR-TO-DATE OPERATING RESULTS FOR FISCAL 2026 ISSAQUAH, Wash., May 28, 2026 - Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2026, ended May 10, 2026. Net sales for the quarter increased 11.6 percent, to $69.15 billion, from $61.96 billion last year. Net sales for the first 36 weeks increased 9.6 percent, to $203.37 billion, from $185.48 billion last year. Comparable sales for the third quarter and first 36 weeks of fiscal 2026 were as follows: 12 Weeks 12 Weeks 36 Weeks 36 Weeks Adjusted* Adjusted* U.S. 9.4% 6.8% 7.1% 6.4% Canada 10.7% 6.2% 9.1% 7.6% Other International 11.2% 5.9% 11.0% 6.6% Total Company 9.8% 6.6% 7.9% 6.6% Digitally-Enabled 21.5% 20.8% 21.6% 21.1% *Excluding the impacts from changes in gasoline prices and foreign exchange. Net income for the quarter was $2.19 billion, $4.93 per diluted share, compared to $1.90 billion, $4.28 per diluted share, last year. Net income for the first 36 weeks was $6.23 bill
EX-99.1 2 costex9918-k52826.htm EX-99.1 Document Exhibit 99.1 Press Release COSTCO WHOLESALE CORPORATION REPORTS THIRD QUARTER AND YEAR-TO-DATE OPERATING RESULTS FOR FISCAL 2026 ISSAQUAH, Wash., May 28, 2026 - Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2026, ended May 10, 2026. Net sales for the quarter increased 11.6 percent, to $69.15 billion, from $61.96 billion last year. Net sales for the first 36 weeks increased 9.6 percent, to $203.37 billion, from $185.48 billion last year. Comparable sales for the third quarter and first 36 weeks of fiscal 2026 were as follows: 12 Weeks 12 Weeks 36 Weeks 36 Weeks Adjusted* Adjusted* U.S. 9.4% 6.8% 7.1% 6.4% Canada 10.7% 6.2% 9.1% 7.6% Other International 11.2% 5.9% 11.0% 6.6% Total Company 9.8% 6.6% 7.9% 6.6% Digitally-Enabled 21.5% 20.8% 21.6% 21.1% *Excluding the impacts from changes in gasoline prices and foreign exchange. Net income for the quarter was $2.19 billion, $4.93 per diluted share, compared to $1.90 billion, $4.28 per diluted share, last year. Net income for the first 36 weeks was $6.23 billion, $14.01 per diluted share, compared to $5.49 billion, $12.34 per diluted share, last year. Costco currently operates 931 warehouses, including 639 in the United States and Puerto Rico, 115 in Canada, 43 in Mexico, 37 in Japan, 29 in the United Kingdom, 20 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, three in France, two in Sweden, and one each in Iceland, and New Zealand. Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, Australia, and China. A conference call to discuss…
COSTCO WHOLESALE CORP /NEW filed a 10-Q with the SEC
10-Q filing.
10-Q filing.