why is costco going down recently

The stock price of Costco has experienced a decline from July 21 to July 23. Costco's recent decline can be attributed to **macroeconomic headwinds and heightened uncertainty**:

1. **Global Trade Concerns**: The broader macroeconomic environment remains challenging, with global trade tensions and input cost issues persisting. Over 425 companies have mentioned tariffs in their earnings calls, and nearly 12% have provided negative EPS guidance for the upcoming quarter. These factors contribute to investor anxiety and can lead to sell-offs in stocks like Costco.
2. **Geopolitical Tensions**: The recent developments in international relations, such as the succession of precision strikes on key Iranian figures and military sites, as well as U.S. airstrikes on nuclear infrastructure, have fueled fears of a broader regional conflict. This increased geopolitical risk can lead to a sell-off in stocks across the board, including Costco.
3. **Consumer Behavior**: There are concerns about global trade and input costs, which can impact consumer behavior and spending patterns. As consumers become more cautious due to economic uncertainties, they may reduce their spending on non-essential items, which can affect Costco's sales and, subsequently, its stock price.

In summary, Costco's stock price decline is likely a result of a combination of factors including macroeconomic headwinds, geopolitical tensions, and consumer behavior. These factors have created a climate of uncertainty in the market, leading to a sell-off in stocks like Costco.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|COST|COST.O|Costco Wholesale|20250723|-0.0446|185|