Fast Money Blog- 9/26/25

In an overall view of the stock market, it appears that despite the Trump administration’s tariffs the U.S. economy seems to be holding on.

However, job growth has been slowing month to month which is generally not a good sign for any economy. If our economy is to remain healthy, we will need to see job growth in the near future. 

In other news, S&P component, Costco Wholesale Corporation (COST)reported their Q4 2025 earnings, with top-line revenue of $86.16 billion, an increase of 8% year over year.

In the quarter, income from membership fees jumped about 14%, reflecting an increase in paying shoppers, and an increase in members who are upgrading to higher-tier memberships.

It’s also important to note that Costco is attracting younger members, as the average age of the company’s members has dropped, with just under half of its new signups each year being people under 40.

Once again, this shows that U.S. consumers are turning to Costco for value. 

Highlights of Costco's 4th Quarter

• Sales in Costco’s fresh category, which includes perishable items, grew by high-single-digits led by double-digit gains in meat.

• Non-food grew by high-single-digits, too, with jewelry, gift cards, toys and men’s apparel all rising by double-digits year-over-year.

• Comparable sales for rose 6.4% year over year while E-commerce sales grew 13.5% year-over-year.

In addition, annual revenue for Costco's fiscal 2025 came to $275.24 billion, up 7.8% from fiscal 2024.

I think the retail outlook for Costco is extraordinary and your portfolio will benefit from holding the stock for the long-term.

Looking ahead, because of the uncertainly surrounding the Government shut-down beyond September 30th, I expect the market to remain range bound until Congress and the President reach a compromise.

Tyrone Jackson, The Wealthy Investor