Costco Wholesale is trading at $924.09, up 3.08%, after reporting quarterly diluted EPS of $6.75, above analyst estimates.
- Quarterly sales grew 11.2% year over year; comparable sales rose 6.7% excluding fuel and foreign-exchange effects.
- The earnings beat is the clearest company-specific catalyst for the September 25 move, though the immediate share response after the report was initially modest.
- The broader market is also higher, providing additional support.