Costco surprised the market with a limited release of the Nike SB Dunk Low x Kirkland Signature sneaker at select warehouse locations in New York, Oregon, California and Washington. Priced at $134.99, the shoe features a gray sweatshirt–style exterior, pilled inner lining and multiple Kirkland emblems, including branding on the lateral heel, inner tongue and removable Executive Membership–style hang tag. Within 72 hours, resale prices soared by more than 200%, trading between $400 and $1,000 on platforms such as StockX, eBay and GOAT. StockX alone recorded 660 transactions over the weekend, with the highest sale reaching $600, underscoring strong consumer demand for exclusive private-label collaborations.

Independent Advisor Alliance trimmed its position in Costco by 2.1%, selling 686 shares to finish the quarter with 32,229 shares, equivalent to 0.8% of its portfolio and valued at $29.8 million. Other notable moves include Silver Oak Securities increasing its stake by 49.3% to 3,780 shares ($3.5 million) and Peterson Wealth Services adding 72 shares for a total holding of 13,616 shares ($13.5 million). Meanwhile, Permanent Capital Management established a new position worth $874,000. As of the period end, 68.48% of Costco’s equity was held by hedge funds and institutional investors.

In the quarter ended December 11, Costco reported revenue of $67.31 billion, up 8.3% year-over-year, and delivered earnings per share of $4.34, beating consensus estimates by $0.07. The retailer achieved a net margin of 2.96% and a return on equity of 29.35%. Membership fee revenue contributed significantly to profitability, while strong same-store sales supported top-line growth. The board declared a quarterly dividend of $1.30 per share, payable February 13 to shareholders of record January 30, representing a 27.85% payout ratio and an annualized yield of approximately 0.6%.