Costco stock holds near $980 as the retailer reported May sales surged 14.5% year-over-year to $24.01 billion for the four weeks ended May 31, 2026, underscoring robust consumer demand and the warehouse operator’s ability to outpace broader retail trends.
The 14.5% increase from $20.97 billion last year represents a significant acceleration in Costco’s monthly sales trajectory. Comparable sales for May climbed 12.5%, with U.S. stores leading the growth at 13.7%, according to Costco Investor Relations’ June 3 announcement.
Costco’s digital performance proved particularly strong, with digitally-enabled comparable sales jumping 21.1% for the month. The online growth reflects ongoing shifts in consumer shopping habits and Costco’s success in competing across channels, a critical advantage for the membership-based retailer as e-commerce continues to reshape the retail landscape.
The May results build on momentum from Costco’s fiscal third-quarter earnings, released May 28, which showed total comparable sales growth of 9.8%, exceeding analyst expectations of 7.8%. That quarter’s net sales rose 11.6% to $69.15 billion, with diluted earnings per share reaching $4.93.
Wall Street maintains a bullish stance on the stock. Analysts have assigned Costco a consensus Buy rating with an average price target of approximately $1,097, according to public.com as of June 14, 2026, suggesting potential upside from current levels. The company’s ability to sustain double-digit comparable sales growth while managing costs has reinforced confidence among investors in its premium valuation.
Costco operates 931 warehouses globally, including 639 in the United States and Puerto Rico, and operates e-commerce sites across nine countries, positioning it to capitalize on both in-store traffic and online demand.
Sources
- Costco Investor Relations — May sales results announcement, June 3, 2026; reported net sales of $24.01 billion, up 14.5% year-over-year, with comparable sales up 12.5% and digitally-enabled comparable sales up 21.1%.
- public.com — Costco analyst consensus Buy rating and average price target of $1,097.35 as of June 14, 2026.
- Yahoo Finance — Costco stock price data showing stock trading near $982.35 on June 12, 2026.
