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Costco Stock Slips 0.4% as 47x P/E Tests 10.7% Sales Growth

Summary by ts2.tech
Issaquah, Washington, August 31, 2026, 14:27 EDT Costco traded at $941.90, down 0.4%, with a trailing P/E of 47.4 times.July net sales rose 10.7% to $23.12 billion; adjusted comparable sales increased 6.6%.Analysts' average $1,077 target implies 14.3% upside, but rests near 52 times forecast fiscal-year earnings. Costco Wholesale (NASDAQ: COST) shares slipped 0.4% to $941.90…
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ts2.tech broke the news on Monday, August 31, 2026.
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