Costco’s Q4 Earnings Preview: Analysts Foresee Volatility as Growth Concerns Linger

Costco Wholesale faces a pivotal moment as it prepares to release fourth-quarter results Thursday. The retail giant’s stock, a longtime market darling, has shown signs of strain this year—with decelerating sales growth sparking investor unease. Oppenheimer analysts suggest any post-earnings turbulence could present a buying opportunity, citing the company’s ability to deliver sustainable performance even in competitive markets.

Monthly sales reports earlier this year revealed softening momentum, compounding concerns after Q3’s year-over-year growth failed to match Q2’s pace. This erosion of confidence has manifested in the stock’s jagged 2024 trajectory—rallying from March lows before surrendering gains. Market watchers anticipate further volatility as earnings approach, though the long-term bull case remains intact.