TipRanks

Wed, Jun 25, 2025, 7:20 AM1 min read

Costco’s (COST) comparable sales have been exceptionally strong, but the pace may start to moderate as major tailwinds from the past year begin to cycle, Wells Fargo analyst Edward Kelly tells investors in a research note. Gold and gift card sales alone may have contributed over 100 basis points to U.S. comps, though several other factors are also at play, the firm says. Wells has an Equal Weight rating and $1,000 price target on Costco shares.

Confident Investing Starts Here:

• Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions

• Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. >;elm:context_link;itc:0;sec:content-canvas" href="https://thefly.com/?utm_source=finance.yahoo.com&utm_medium=referral" rel="nofollow noopener" target="_blank">Try Now>>

>;elm:context_link;itc:0;sec:content-canvas" href="https://www.tipranks.com/screener/top-insider-trading-stocks/?type=stockAnalysisLanding&utm_source=finance.yahoo.com&utm_medium=referral" rel="nofollow noopener" target="_blank">See Insiders’ Hot Stocks on TipRanks >>

Read More on COST:

Disclaimer & DisclosureReport an Issue

• Tesla, Broadcom, Costco, Energy Transfer, Snap: Insider Stock Shakeup!

• JPMorgan, Plug Power, Costco, UnitedHealth, Strategy: Insider Moves Unveiled

• Costco (COST) Offers Its Executive Members a Series of New Perks

• Costco executive members to get monthly same-day delivery credit from Instacart

• Costco Announces Leadership Change in Accounting Roles