Costco (NASDAQ: COST) shares rose 2.62% to close at $1,076.47 on May 18th. The stock price now approaches its all-time high.
The company increased its quarterly dividend by 13%. This raises the payout to $1.47 per share. The move marks the 22nd consecutive year of dividend growth.
Net sales for the second quarter of fiscal 2026 reached $68.24 billion. This represents a 9.1% increase year-over-year. Digital comparable sales grew 22.6% following a successful e-commerce pivot.
Institutional investors and analysts maintain positive ratings for the retailer. The company demonstrates resilience against ongoing inflationary pressures.