Costco Wholesale Corp. (NASDAQ:COST) reported strong June sales after Wednesday’s closing bell, extending its steady growth trend across key markets.
- COST stock is moving. See the chart and price action here.
Costco June Sales
Net sales reached $29.24 billion for the five weeks ended July 5, 2026, marking a 10.6% year-over-year increase. Costco said the performance reflects resilient consumer demand and continued traffic gains, particularly in core U.S. operations.
U.S. comparable sales rose 10.6%, signaling consistent strength in both discretionary and staple categories. Canada delivered more modest growth, with comparable sales up 3.7%, suggesting regional variation tied to currency and consumer spending patterns.
For the first 44 weeks of the fiscal year, net sales totaled $250.43 billion, up 10.1%. Gasoline price deflation and foreign exchange pressures had some impact, though underlying demand trends remained solid.
COST Technicals & Price Action
Costco stock is currently positioned below key moving averages, indicating a bearish trend in the short term. The 20-day SMA is below the 50-day SMA, which suggests that momentum is leaning negative, and traders should be cautious about entering new long positions.
The RSI is currently at 37.92, which is considered neutral but leans towards oversold territory after dipping below 30 on June 30, 2026. This level indicates there may be a potential for a bounce back if buying interest returns.
MACD is above its signal line, suggesting some bullish momentum is present despite the overall bearish trend. Traders might see this as a potential opportunity to watch for a reversal if other indicators align.
COST Stock Price Activity: Costco Wholesale shares were down 1.06% at $943 during after-hours trading on Wednesday, according to data from Benzinga Pro.
Over the past month, COST has declined about 2.6% versus a 0.3% rise in the S&P 500 and is up roughly 9% year-to-date compared to the index’s 8.7% gain.
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