Costco Seen Making Progress on Renewal Rates -- Market Talk

Dow Jones03-11

1426 ET - Costco seems to be making progress on their efforts to reverse a decline in U.S. and Canada membership renewal rates, Oppenheimer analysts write in a note, citing a meeting with company leadership. "Stabilization in the rate is likely in the coming quarters," the analysts write. They add that they left the meeting feeling more positive about the company's executive membership upgrades, as growth in that category accelerated quarter-over-quarter, potentially due to increased perks and expanded hours for executive members. "In addition, opportunities remain to drive higher penetration in certain US regions and to add this premium membership tier to more international markets over time," the analysts write. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

March 10, 2026 14:26 ET (18:26 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment