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Costco shares rise 2% on strong May sales and technical rebound despite broader market weakness

Company Fundamentals
04 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Costco's stock increased by about 2% following strong May sales results, with net sales up 14.5% year-over-year to $24.01 billion. U.S. comparable sales rose 13.7%, and digitally enabled sales jumped 21.1%, highlighting the company's growing e-commerce momentum. Despite some near-term technical pressure, the longer-term trend remains positive, supported by solid fundamentals and a strong quality score. Investors are watching key resistance and support levels as the stock attempts to stabilize after a recent pullback.

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