Costco’s latest quarterly sales report gives Jim Cramer a new reason to feel better about the stock. On Wednesday afternoon, Costco reported overall same-store sales, also called comparables or comps, rose 11.4% in September. Excluding gas and currency fluctuations, core comps rose 7.6%. The growth rate last month increased from August. Jim is particularly encouraged by the fact that Costco’s business shows independent strength from gasoline sales, which can distort monthly results. “If you drop gasoline, you get 8% growth. [in the U.S.]and that’s really good,” he said during the Morning Meeting on Friday. Gas prices have become a major pain point for consumers due to the rising oil prices and the Iran war. During the fiscal 2026 fourth quarter call last month, CEO Ron Vachris said that Costco’s gas business had a record year. times are tougher, you go to Costco, and you save a lot of money because of the buy-in-bulk model, which is now cheaper. In a tough market there, Costco shares rose nearly 1% on what Jim called “a very good number.” Even before that, Costco shares have risen, gaining more than 5% because the company reported fiscal Q4 results that were better than expected on September 24 forecast, more than double the S & P 500’s forward P/E COST YTD mountain Costco YTD UBS showed in the positive view of Costco in September sales Costco In a note to clients on Friday, the analyst said, “The broader takeaway is that Costco continues to deliver value in an environment where consumers are more seeking to invest in the month of lower prices on goods each days after repaying the rate of $184 million. In the earnings call, the company said that the rate refund is only a little more than one-third of the total debt. So, with additional refunds on the way, UBS said it could allow Costco to further reduce its prices. Wall Street said that Costco benefited from the Labor Day weekend, which is down in the calendar 2026, the company’s core US will increase by only 7.3%. It is something that Jim Cramer has been worried about. trade mark before buying Jim before trading a charity trust portfolio If Jim has talked about shares on CNBC TV, he waits 72 hours after publishing the trade mark before executing a trade THE ABOVE INVESTMENT CLUB INFORMATION IS SUBJECT TO THE TERMS AND PRIVACY POLICY, FREE TO MAKE, BY WORK OF THE RECEIPT OF ANY INFORMATION AVAILABLE IN CONNECTION WITH THE INVESTMENT CLUB WITHOUT SPECIFIC OUTCOMES OR PROFITS GUARANTEED.
The resilience of Costco’s sales gives Cramer reason to feel better about the stock