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BTCC / BTCC Square / Global Cryptocurrency /
Truist Analyst Maintains Hold on Costco Despite Strong Sales Growth

Truist Analyst Maintains Hold on Costco Despite Strong Sales Growth

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-09-05 21:16:02
0
BTCCSquare news:

Costco Wholesale reported robust August sales, with net revenue climbing 8.7% to $21.56 billion fueled by e-commerce demand. Full-year sales reached $269.9 billion, marking an 8.1% annual increase. Comparable sales ROSE 6.3% globally, with digital channels surging 18.3%.

Truist Securities analyst Scot Ciccarelli remains cautious, retaining a Hold rating and $1,042 price target. Valuation concerns persist despite the retailer's consistent performance across grocery, household goods, and international markets.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

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