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COSTBearishEarningsnews
High materiality7/10

Costco posts 10.6% U.S. comp sales in June, mixed regional growth

Jul 8, 2026, 5:26 PM EDT2 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Positive sales data supports fundamental stability, but near-term price action shows a bearish drift and key moving averages remain below; mixed regional results plus FX/gas deflation pressure temper upside.

AI summary

What happened, with direct paths to the underlying reporting

Costco reported strong June performance with five-week net sales of $29.24 billion, up 10.6% YoY, driven by U.S. traffic gains. Canada grew modestly while currency effects and gasoline deflation tempered the overall impact. Despite solid demand, shares traded below key moving averages, signaling near-term caution until momentum improves.

  • Net sales $29.24B for five weeks ending July 5; US comp +10.6%.
  • US comps +10.6%, Canada +3.7%; 44 weeks net sales $250.43B, +10.1%.
  • Gasoline price deflation and FX pressures had some impact; demand solid.
  • Technicals show bearish near-term trend; RSI 37.92; MACD above signal; after-hours $943.

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