COST · News · 20261022N
Competition and Pricing Pressure
COSTCO WHOLESALE CORP /NEW · 2026-10-22 · Importance 31 · Surprise 42 · No source text
Kroger plans to invest $5 billion through 2029 to reduce prices and regain grocery market share from competitors including Costco and Walmart. The initiative is expected to be funded partly through cost savings and corporate job reductions under CEO Greg Foran, who previously led Walmart’s U.S. business. Lower prices at Kroger could increase competitive pressure on Costco’s grocery value proposition and market share.
Key facts
- The Zacks Consensus Estimate projects Costco net sales of $74.14 billion, up 10.16% from the year-ago period. source
- Analysts forecast Costco to report an EPS of $4.87, a 12.21% increase from the corresponding quarter of the prior year. source
- Costco's gasoline contains five times the minimum detergent requirement. source
- Coming into the day, Costco shares had gained 10.35% in the past month. source
- Costco often offers competitive gas prices, partly due to its membership fee revenue. source
- Costco offers Gold Star memberships for $65 per year. source
- Costco offers Executive memberships for $130 per year. source
- Costco's apple pie sundae retails for $2.99 not including taxes at the Costco Food Court. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | +0.8% | The Zacks Consensus Estimate projects Costco net sales of $74.14 billion, up 10.16% from the year-ago period. |
| net_income | positive | contingent | — | Analysts forecast Costco to report an EPS of $4.87, a 12.21% increase from the corresponding quarter of the prior year. |