JPMorgan Calls Costco a 'Clear Market Leader' as March Sales Top Expectations
1. Costco's March sales increased to $25.51 billion, surpassing estimates. 2. JPMorgan confirmed Costco as a market leader with ongoing global momentum. 3. U.S. comparable sales rose over 7%, e-commerce sales surged 16%. 4. JPMorgan maintains an 'overweight' rating and a target of $1,070. 5. Costco is well-positioned to weather tariff effects on pricing.