Frates Caton sold $733K of COST

Costco (COST) plans $7.5B in capital spending for fiscal 2027, up 17% from $6.4B in fiscal 2026. The company aims to open 33 warehouses, including 5 relocations, with 939 warehouses worldwide. Capital spending was 41% of $15.8B cash from operations in fiscal 2026, with a 3.0% net margin. COST stock trades at 50.1x earnings, assuming new warehouses will add sales and profit.

Tigress Financial raised its price target for Costco (COST) to $1,250, citing membership growth, AI-driven digital commerce, and global expansion. The stock trades at $978 with a $434B market cap. Recent Q4 momentum includes strong sales, higher membership penetration, and digital growth. Analysts note varied ratings and targets, with some highlighting robust sales and others cautioning overvaluation.

Walmart's stock rose 3% to $119.39 after Deutsche Bank upgraded it to Buy and raised its price target, citing pricing power and market share gains. Target and Costco also saw gains of 1%. The SPDR S&P 500 ETF and retail sector fund both traded lower, suggesting a defensive move.

Costco Wholesale Corporation (COST) declared a quarterly cash dividend of $1.47 per share, payable on November 13, 2026. The company operates 939 warehouses globally and multiple e-commerce sites. The announcement was made in a press release statement.

Costco's September sales rose 13% to $30.02B, with comparable traffic up 4.7%. Excluding gas and currency, sales grew 7.6%, above the 6-7% range cited by CFO Gary Millerchip. Nonfoods led growth, while gas prices added 3.8 points to sales. Shares closed at $942.25 before the release. Analysts note slower membership growth, emphasizing traffic's importance for sales gains.

Costco Wholesale (COST) filed its annual 10-K report with the SEC on October 7, 2026. The filing includes periodic financial reports and exhibits. Investors can access the document for detailed financial information.