From Yahoo Finance: 2025-03-30 08:58:00

Consumer confidence in the US is at a decade low, with the future outlook dropping to 92.9 in March. The measure for future estimates fell to 65.2, the lowest in 12 years. Concerns over tariffs and a volatile stock market are contributing to the decline in consumer sentiment.

Despite weakening consumer sentiment, Costco Wholesale Corporation (NASDAQ:COST) delivered strong comparable sales in fiscal Q2 2025. The company’s e-commerce sales grew by 22.2%, and it ended fiscal Q2 2025 with 897 warehouses. Analysts are optimistic about COST’s performance, ranking it 3rd on the list of best consumer staples stocks.

Costco Wholesale Corporation (NASDAQ:COST) operates membership-only big box warehouse club stores and is one of the most popular department stores in the US. It recently increased its base membership fee to $65, reflecting its resilience in the retail sector. The company made $4.8 billion in membership fees in fiscal 2024.

Costco Wholesale Corporation (NASDAQ:COST) is expanding its operations and maintaining strong sales growth despite consumer sentiment challenges. With a Buy rating from Stifel Nicolaus analyst Mark Astrachan, the company is poised for continued success in the consumer staples sector.

Read more: Is Costco Wholesale Corporation (COST) the Best Consumer Staples Stock to Buy According to Analysts?