BMO Sees Costco Wholesale Corporation (COST) as Stable Bet in Volatile Retail Sector

We recently compiled a list of the 11 Best Economic Recovery Stocks to Buy Now. Costco Wholesale Corporation (NASDAQ:COST) is among the best recovery stocks

TheFly reported on March 6 that BMO Capital increased its price target on COST to $1,315 from $1,175 and kept an Outperform rating. In a retail environment characterized by operational volatility and variable turnarounds, the firm emphasized the company’s robust Q4 results and pointed out that its steady performance in Q2 strengthens COST’s position as a dependable core holding.

Costco Wholesale Corporation (NASDAQ:COST) released its operating results for the first 24 weeks of the fiscal year, which concluded on February 15, 2026, and the second quarter of fiscal 2026 on March 5. According to the statistics, the company’s first 24-week net sales jumped 8.7% to $134.22 billion, while its quarterly net sales increased 9.1% to $68.24 billion from $62.53 billion in the previous year.

BMO Sees Costco Wholesale Corporation (COST) as Stable Bet in Volatile Retail Sector

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The company stated that its net income for the quarter was $2.035 billion, or $4.58 per diluted share, as opposed to $1.788 billion, or $4.02 per diluted share, in the previous year. Net income increased from $3.59 billion, or $8.06 per diluted share, to $4.04 billion, or $9.08 per diluted share, for the first 24 weeks. The company supports e-commerce activities in several nations and runs 924 warehouses worldwide, ensuring ongoing expansion in both physical and online channels.

Costco Wholesale Corporation (NASDAQ:COST) is a U.S.-based membership warehouse retailer offering bulk groceries, electronics, apparel, and household goods at low prices. The company operates large-format warehouses worldwide, emphasizing value, efficiency, and a membership-based shopping experience.

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