Costco's $40.57 Billion Trading Volume Lands 17th in Market Ranking Despite 0.09% Stock Decline

On April 10, 2025, Costco's trading volume reached $40.57 billion, ranking 17th in the day's stock market. The stock price of Costco (COST) decreased by 0.09%.

Costco reported strong March sales, with net sales reaching $25.51 billion for the five weeks ending April 6, 2025, marking an 8.6% increase from the same period last year. This robust performance was driven by a 9.1% increase in same-store sales, excluding gas and forex impact, which significantly outperformed the consensus estimate of 7.4%.

Analysts from Goldman Sachs, JPMorgan, and Telsey Advisory Group maintained their positive outlook on Costco, citing strong sales momentum and effective management. Goldman Sachs analyst Kate McShane raised the price target from $1,102 to $1,118, while JPMorgan analyst Christopher Horvers reiterated an Overweight rating with a price target of $1,070. Telsey Advisory Group analyst Joseph Feldman reaffirmed an Outperform rating and a price target of $1,100.

The strong sales performance was attributed to increased foot traffic and higher global ticket sales. Worldwide traffic accelerated to 6.1% in March, while overall global ticket sales, excluding gas and forex, increased by an estimated 2.9%. The company's e-commerce segment also saw significant growth, with sales increasing by 17.5% excluding forex impact.

Costco's resilience and growth were highlighted by analysts, who noted the company's ability to execute well in an uncertain operating environment. The strong sales performance in March was driven by robust demand in the U.S. market, as well as strong performance in Canada and other international segments. The company's effective management of merchandising and costs, along with leverage of customer data, is expected to continue driving strong earnings growth.