Costco stock analysis (COST)

COST reported in September, its net sales rose 9% to $24.62B. Same-store sales increased across all regions. E-commerce activities are also surged due to hurricanes and port strikes.

Oppenheimer predicts a short-term sales bump for Costco due to customers stocking up amid the port strike, based on observations from a Northern New Jersey store.

COST reported its fiscal 4^th quarter earnings after closing bell on Thursday. COST posted earnings of %5.29 per share. However, revenue came in slightly below expectation. Investors are all interested in membership fee increase, which will impact profit margins and member retention. Investors are also keen to see how COST reinvest the additional income from these fees to the business.