Costco Q3 Sales: $62B Revenue & 8% Growth
- Costco (COST) reported strong Q3 results, with net sales climbing 8% to $61.96 billion.The warehouse retailer's earnings per share (EPS) also rose, reaching $4.28 compared to $3.78 a...
- Simeon Gutman of Morgan Stanley raised his target for the stock to $1,225,citing the company's market share gains.
- UBS's Michael Lasser emphasized Costco's consistent performance, while Jefferies' Corey Tarlowe highlighted the company's tech investments, such as the Scan-and-Go pilot program.
Costco’s Q3 sales soared, with revenue hitting $61.96 billion—an notable 8% increase—and EPS reaching $4.28. This financial performance has analysts buzzing, sparking speculation about a potential stock split. Experts like Simeon Gutman of morgan Stanley are bullish, raising their stock targets, backed by Costco’s strategic market gains. The company’s impressive ability to combat inflation and maintain customer loyalty, along with its tech investments like “Scan-and-Go,” are key drivers. Rupesh Parikh from Oppenheimer highlights the prosperous results, solidifying confidence in Costco’s upward trajectory, as explored at News Directory 3. Will a stock split be announced? Discover what’s next …
Costco Q3 Sales Surge: Is a Stock Split on the Horizon?
Updated May 30, 2025
Costco (COST) reported strong Q3 results, with net sales climbing 8% to $61.96 billion.The warehouse retailer’s earnings per share (EPS) also rose, reaching $4.28 compared to $3.78 a year prior. Costco’s ability to manage tariff and inflation pressures contributed to an 8.1% increase in adjusted comparable sales.
Analysts are weighing in on Costco’s performance. Simeon Gutman of Morgan Stanley raised his target for the stock to $1,225,citing the company’s market share gains. Rupesh Parikh from Oppenheimer noted the results reinforce confidence in Costco’s continued success and pointed to a possible stock split as a catalyst.
UBS’s Michael Lasser emphasized Costco’s consistent performance, while Jefferies’ Corey Tarlowe highlighted the company’s tech investments, such as the Scan-and-Go pilot program. The strong Q3 sales underscore Costco’s pricing power and its ability to maintain customer traffic despite rising costs, solidifying its competitive advantage.
What’s next
Investors will be watching to see if Costco announces a stock split and how the company continues to navigate the evolving consumer landscape. The company’s membership model and pricing strategies are expected to drive further market share gains.