Costco Wholesale stock edges lower as market awaits September 24 earnings

Published on 09/21/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Costco Wholesale stock recently closed at USD 895.31 on September 18, 2026 on Nasdaq as investors position ahead of the September 24 earnings release. Analysts expect Q4 2026 revenue of about USD 94.8 billion and EPS of USD 6.53, up from last year.

Fotorealistisches Warenhaus-Interior mit hohen Regalen und Einkaufswagen — Fotorealistisches Großhandelslager veranschaulicht Costco Wholesale Corp. US22160K1051 mit hohen Regalen und Einkaufswagen anschaulich, Illustration mit AI erstellt.

Costco Wholesale stock (ISIN US22160K1051) recently closed at USD 895.31 on Nasdaq on September 18, 2026, a modest gain of 0.15 percent on the day as investors brace for the company’s upcoming quarterly earnings release on September 24, 2026.

Earnings on September 24 in focus

As Investing.com reported on September 21, 2026, Costco Wholesale Corporation is scheduled to release its fourth-quarter earnings after the US market closes on September 24, 2026, with analysts expecting earnings per share of USD 6.53, up from USD 5.87 in the same quarter a year earlier.

According to Investing.com, quarterly revenue for the fourth quarter of fiscal year 2026 is projected to reach USD 94.89 billion, compared with USD 86.16 billion a year earlier, implying topline growth of about 10.1 percent year on year.

Recent performance and valuation metrics

Per data on CNBC, Costco’s shares closed at USD 895.31 on Nasdaq on September 18, 2026, up USD 1.38 from the prior close, while the after-hours price indicated USD 896.70 as of that date.

The same overview on CNBC shows trailing twelve-month earnings per share of USD 19.88, resulting in a price-to-earnings ratio of 45.03 at recent levels, and an EBITDA of USD 13.79 billion over the same period.

Latest reported quarterly figures

According to a summary of the third quarter of fiscal year 2026 on Yahoo Finance, Costco reported net income of USD 2.192 billion in Q3 FY2026, or USD 4.93 per diluted share, up 15 percent from USD 1.903 billion or USD 4.28 per diluted share in the prior-year quarter.

The same Q3 FY2026 report excerpt on Yahoo Finance highlights that Costco’s earnings growth of 15 percent year on year reflects continued expansion in membership and sales, setting a higher base ahead of the upcoming Q4 release.

Analyst expectations and potential catalysts

As UA.News summarized on September 21, 2026, market participants expect Costco’s upcoming quarterly results to deliver earnings per share of USD 6.53 and revenue of USD 94.8 billion, and analysts will focus on profitability, membership growth and member retention as key drivers for the stock.

In the same report, UA.News notes that Bank of America analysts see a possibility that Costco could announce a special dividend over the coming quarters, estimating such a distribution at roughly USD 22 per share, which would add another potential catalyst for shareholders if confirmed.

Next earnings date and stock snapshot

Per the events section on CNBC, Costco’s next earnings date is listed as September 24, 2026, aligning with expectations for the fourth-quarter and full-year fiscal 2026 report.

At the recent close of USD 895.31 on Nasdaq on September 18, 2026, Costco Wholesale stock trades at a premium valuation near 45 times trailing earnings, underlining how much weight the market places on continued double-digit revenue growth and resilient membership trends ahead of the September 24, 2026 earnings release.