Costco stock holds near $945 after Q3 sales rose 11.6%

Costco stock is trading near $945 as the company's third-quarter fiscal 2026 sales rose 11.6% and EPS came in at $4.93.

Costco Wholesale (US22160K1051) stock is trading near $945 after third-quarter fiscal 2026 net sales reached $69.15 billion and diluted EPS came in at $4.93 for the 12 weeks ended May 10, 2026.

The latest quarter also showed net income of $2.192 billion, up from $1.903 billion a year earlier, while comparable sales advanced 9.8% and membership fee income reached $1.373 billion.

Profit and sales still set the tone

That combination matters because Costco's revenue base is still expanding while margins stay tight in a business that depends on volume, renewal rates, and disciplined pricing. The quarter's $4.93 EPS was below the $4.94 consensus cited in the same reporting set, but revenue of $69.15 billion topped $61.96 billion in the prior year period.

One recent market note said analysts have kept a constructive stance after the release, pointing to Costco's higher-income customer base and steady demand profile. The share price level also leaves the stock close to the $945 area referenced in recent market data, with the valuation discussion still centered on a multiple in the mid-40s.

Membership income remains central

Membership fee income of $1.373 billion in the quarter gave the retailer another recurring layer of support, and that figure rose 10.7% from the prior year period. The model still rewards scale: more traffic, more renewals, and more leverage from small changes in basket size.

Comparable sales growth of 9.8% also shows that the core club business is still producing solid top-line momentum even as the company operates with narrow margins. For investors, the key point is that Costco keeps converting that traffic into profit without depending on aggressive pricing.

What Costco sells

Costco's warehouse model still rests on bulk groceries, household essentials, fresh food, apparel, and rotating hardlines that draw members back into the club. The mix matters because the company can use those categories to protect traffic while the membership fee stream supports earnings visibility.

Stock level and setup

As of August 31, 2026, Costco shares were trading near $945, with the market still weighing that price against the latest quarter's $69.15 billion in sales and $2.192 billion in net income. The 12-week period ended May 10, 2026 remains the main operating reference point for the stock right now.

More on Costco

Company: Costco Wholesale Corporation
ISIN: US22160K1051
Ticker: COST
Exchange: Nasdaq
Sector / Industry: Consumer Staples / Consumer Staples Distribution & Retail
Index membership: S&P 500