Jan. 14 at 8:57 PM
Several Costco executives have sold company stock following a challenging 2025. Russ Miller and Javier Polit sold a combined
$3.7 million in shares over the past weeks, while another executive, James Klauer, plans to sell about
$1.4 million worth. Miller, a senior executive vice president, is retiring in February. These insider sales come amid a year when Costco stock underperformed, falling 5% compared with a 17% gain for the S&P 500.
Costco faced headwinds from tariff increases, concerns about its high valuation, and mixed earnings results. Fiscal first-quarter results in December beat top-line expectations but did little to boost investor sentiment. However, a January sales update showed net sales rose 8.5% in December year over year, with worldwide and U.S. same-store sales accelerating. Analysts remain cautiously optimistic, highlighting Costco’s strong membership model and focus on value and quality as reasons for potential resilience in 2026.
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