Costco's strong sales growth may slow due to cycling tailwinds, as per Wells Fargo.
From Yahoo Finance: 2025-06-25 10:20:00
Costco’s strong comparable sales may start to slow as major tailwinds from the past year cycle. Gold and gift card sales may have contributed over 100 basis points to U.S. comps, with other factors at play. Wells Fargo has an Equal Weight rating and $1,000 price target on Costco shares.
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Read more: Costco’s momentum may cool as tailwinds cycle, says Wells Fargo