Costco Shares Down 4.9% Despite Broad-Based Comparable Sales Growth
Costco posted broad-based comparable sales gains across the U.S., Canada and international markets driven by rising store traffic and existing-member ticket growth alongside strong digital sales. Meanwhile, its forward 12-month P/E ratio stands at 46.75 and shares have declined 4.9% over the past year.
1. Broad-Based Comparable Sales Growth
Costco delivered comparable sales gains across the U.S., Canada and international markets, fueled by higher member traffic and an increase in average ticket size. The company’s digital channels, including pickup and delivery, have strengthened omnichannel engagement and supported overall sales momentum.
2. Valuation and Stock Performance
The forward 12-month price-to-earnings ratio for Costco stands at 46.75, trading at a premium to major competitors. Despite sustained sales growth, shares have fallen 4.9% over the past year amid broader market rotation and investor scrutiny of retail valuations.