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DTSTART;TZID=America/New_York:20260924T043000
DTEND;TZID=America/New_York:20260924T053000
DTSTAMP:20260826T033907Z
CREATED:20260826T033907Z
LAST-MODIFIED:20260826T033907Z
UID:2269-1790224200-1790227800@www.financecalendar.com
SUMMARY:Germany Ifo Business Climate September 2026
DESCRIPTION:Next Germany Ifo Business Climate: Thursday\, September 24\, 2026 at 10:30 am CEST (4:30 am ET\, 9:30 am London). \n\nConsensus\nNot yet published\nPrior\n86.6 (July 2026)\nActual\nPending\n\nFull schedule and background: Germany Ifo Business Climate. \nUpdated August 25\, 2026 \n\nThe Germany Ifo Business Climate index for September 2026 is released on Thursday\, September 24\, 2026 at 4:30 am ET (9:30 am London\, 10:30 am CEST) by the Ifo Institute in Munich. The survey covers business sentiment among roughly 9\,000 German firms in manufacturing\, construction\, wholesale\, retail and services\, gathered during the current month. Full schedule and background: Germany Ifo Business Climate. \nWhat is the Ifo Business Climate index?\nThe Ifo Business Climate index is a monthly survey-based gauge of how German companies view their current situation and their expectations for the next six months. Firms are asked to rate their present business conditions as good\, satisfactory or poor\, and to say whether they expect conditions to improve\, stay the same or worsen. The Ifo Institute converts these answers into balances\, which are then combined into three headline series: the overall Business Climate index\, a Current Situation sub-index and an Expectations sub-index. \nBecause Germany is the largest economy in the euro area\, the Ifo index is watched closely as an early signal for the wider eurozone economy\, not just for Germany itself. Since it is a survey of sentiment rather than a measure of actual output\, it tends to move ahead of hard data such as industrial production or GDP\, which is one reason investors\, the European Central Bank and analysts treat it as a leading indicator. \nThe index is set against a base value of 100\, calibrated to the average business climate of the year 2015. Readings above 100 broadly indicate that sentiment sits above its long-run average\, while readings below 100 suggest sentiment is weaker than typical. Movements from one month to the next\, and the direction of the current situation versus expectations components\, tend to matter more to markets than the absolute level. \nWhen is the September Ifo Business Climate index released?\nThe Ifo Institute is scheduled to publish the September 2026 reading on Thursday\, September 24\, 2026 at 10:30 am CEST (4:30 am ET\, 9:30 am London time). The release is published directly on the Ifo Institute website\, alongside the Current Situation and Expectations sub-indices and a short commentary from Ifo economists. This date follows the institute’s regular monthly publication pattern\, which typically falls in the fourth week of each month. \nWhat is the consensus forecast?\nAs of this writing\, a consensus forecast for the September 2026 reading has not yet been published; economist estimates typically firm up in the days immediately before release as banks and data providers circulate their projections. The most recent confirmed reading is from July 2026\, when the index stood at 86.6 points\, up from 85.7 points in June 2026\, according to the Ifo Institute. Ifo Institute data also show sentiment strengthened further into August 2026\, with reporting from IMEN Economics and InvestingLive pointing to a jump in the headline index that beat the level economists had pencilled in. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nBusiness Climate index\n86.6 (July 2026)\nNot yet published\n\n\nCurrent Situation\nImproved alongside headline in July 2026\nNot yet published\n\n\nExpectations\nDrove the July 2026 improvement\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign German business confidence is strengthening faster than expected\, which could support the euro and European equities\nFirms feel more upbeat about current trading and the months ahead\, which can eventually translate into more hiring and investment\n\n\nIn line with consensus\nLikely to have a limited market reaction\, since the print would confirm the existing trend rather than surprise it\nThe economy is behaving broadly as expected\, so little changes for borrowers\, savers or investors\n\n\nBelow consensus\nCould be read as a warning sign for the wider eurozone growth outlook\, weighing on risk sentiment and the euro\nGerman companies are more cautious than analysts thought\, which can be an early hint of slower growth ahead\n\n\n\nThese are possibilities based on how markets have typically reacted to Ifo surprises in the past\, not predictions of what will happen on September 24\, 2026. \nWhy does this release matter right now?\nGermany’s economy has been closely watched through 2026 as businesses navigate energy costs\, weak export demand from China and the broader question of whether European Central Bank policy is loose enough to support a recovery. The Ifo Institute’s July 2026 data showed sentiment climbing for a second straight month\, with the improvement concentrated in expectations rather than current conditions\, according to the institute’s own commentary on the ifo Business Climate Index page. Reporting on the August 2026 reading described a jump that beat what economists had forecast\, with both the current conditions and expectations components moving higher\, based on coverage from InvestingLive. \nThat run of stronger prints matters because Germany’s industrial base\, particularly manufacturing and autos\, has struggled with weaker global trade and higher input costs in recent years. A steady improvement in the Ifo index would support the view that Germany is climbing out of a prolonged soft patch\, while a stall or reversal in September would raise fresh questions about the durability of that recovery. Policymakers at the ECB use survey indicators like this one\, alongside hard data\, to judge whether the eurozone economy needs continued support or whether growth is becoming self-sustaining. \nWhat It Means for Your Money\n\nMortgages and borrowing costs: A stronger-than-expected Ifo reading can nudge European bond yields higher if it feeds into expectations that the ECB will hold interest rates steady for longer\, which can filter through to mortgage pricing across the eurozone and\, to a lesser extent\, in the UK through cross-border rate correlations.\nSavings: If the data changes expectations for ECB policy\, it can shift returns on euro-denominated savings accounts and money market funds\, though the effect on any single Ifo release is usually modest compared with inflation or ECB meeting outcomes.\nJobs and wages: Business sentiment surveys tend to lead hiring intentions. A sustained pickup in the Ifo index has historically preceded firmer German labour demand\, which matters for workers and companies trading with Germany across the EU.\nPrices: Rising business confidence can eventually translate into firmer pricing power for companies\, a factor the ECB weighs when assessing underlying inflation pressure in the eurozone.\nInvestments\, pensions and currencies: European equities\, particularly German exporters\, and the euro itself can move on Ifo surprises\, since the index is treated as a proxy for the health of the continent’s largest economy. Investors holding European equity funds or pension exposure to the eurozone\, as well as anyone converting pounds or dollars into euros\, may see short-term currency swings around the release.\n\nRelated events\n\nGermany Ifo Business Climate index\, previous months (July and August 2026 readings)\nECB monetary policy decisions and press conferences\nEurozone flash PMI releases\, which are published shortly before the Ifo survey each month\n\nFrequently Asked Questions\nWhat time is the September Ifo Business Climate index released?\nThe Ifo Institute publishes the index at 10:30 am CEST on September 24\, 2026\, which is 4:30 am ET and 9:30 am London time. \nHow should I read the Ifo Business Climate index?\nFocus on the direction of change from the prior month and whether the Current Situation and Expectations sub-indices are moving together or diverging\, rather than the absolute index level alone. \nDoes the Ifo index affect ECB interest rate decisions?\nThe ECB monitors business surveys like the Ifo index as one input among many\, including inflation and labour market data\, when setting monetary policy for the eurozone. \nWhere can I find the official Ifo release?\nThe Ifo Institute publishes the data directly on its ifo Business Climate Index page. \nWhen is the next Ifo Business Climate index released?\nBased on the Ifo Institute’s published schedule\, the following release is due on October 26\, 2026.
URL:https://www.financecalendar.com/event/germany-ifo-business-climate-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T083000
DTEND;TZID=America/New_York:20260924T093000
DTSTAMP:20260825T105959Z
CREATED:20260825T105959Z
LAST-MODIFIED:20260825T105959Z
UID:2084-1790238600-1790242200@www.financecalendar.com
SUMMARY:US Initial Jobless Claims: September 24\, 2026
DESCRIPTION:Next US Initial Jobless Claims: Thursday\, September 24\, 2026 at 8:30 am ET (1:30 pm London). \n\nConsensus\nNot yet published\nPrior\n206\,000 (week ended August 15\, 2026)\nActual\nPending\n\nFull schedule and background: US Initial Jobless Claims. \nUpdated August 25\, 2026 \n\n← Previous US Initial Jobless Claims\nThe Initial Jobless Claims report for the week ending September 19\, 2026 is released on Thursday\, September 24\, 2026 at 8:30 am ET (1:30 pm London). The figures come from the US Department of Labor’s Employment and Training Administration and count the number of people filing for unemployment benefits for the first time in a given week. It is the most frequent labour-market data the government publishes\, and it lands every Thursday regardless of what else is happening in markets. For the full release schedule and background on this series\, see US Initial Jobless Claims. \nWhat is the consensus forecast?\nA consensus forecast for this specific week has not yet been published. Weekly jobless claims consensus figures from economists surveyed by outlets such as Reuters and Bloomberg are typically only released a day or two before the report\, so this page will be updated once that number is available. \nThe most recent published data\, for the week ending August 15\, 2026\, showed initial claims falling to 206\,000 from a revised 212\,000 the previous week\, according to the US Department of Labor. That reading was better than the 210\,000 economists had pencilled in\, according to Trading Economics. Continuing claims\, which count people still receiving benefits after their first week\, stood at 1\,799\,000 for the week ending August 8\, 2026\, up 18\,000 on the week. \n\n\n\nMeasure\nPrior\nConsensus\n\n\n\n\nInitial claims\n206\,000 (week ended August 15\, 2026)\nNot yet published\n\n\nContinuing claims\n1\,799\,000 (week ended August 8\, 2026)\nNot yet published\n\n\n4-week moving average\n204\,000\n—\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nPlain-English meaning\n\n\n\n\nAbove consensus\nBond yields could fall\, dollar could soften\, stocks may wobble on growth worries\nMore people are losing jobs or struggling to find new ones than expected\, a sign the labour market is cooling faster than thought\n\n\nIn line with consensus\nMuted reaction\, markets stay focused on other data\nThe labour market is behaving roughly as expected\, no fresh signal for the Federal Reserve either way\n\n\nBelow consensus\nYields could rise\, dollar could firm\, doubts creep in about further rate cuts\nFewer people are filing for benefits than expected\, suggesting the jobs market remains sturdier than feared\n\n\n\nWhy it matters this week\nInitial claims have stayed historically low through the summer of 2026\, hovering in the 190\,000 to 210\,000 range even as other data\, including monthly payrolls\, has shown signs of a slowing labour market. The Federal Reserve has been watching this weekly series closely because it is timelier than the monthly jobs report\, and any sustained rise above 220\,000 to 230\,000 would likely be read as a signal that layoffs are accelerating rather than just hiring slowing down. Continuing claims near 1.8 million\, still elevated compared with the lows seen a few years ago\, point to people taking longer to find new roles once they are let go\, a basic mismatch between job losses and rehiring that policymakers weigh when deciding on interest rates. \nBecause this data feeds directly into the debate over how much further the Fed might cut its benchmark interest rate\, a run of weak reports can shift expectations for future Federal Reserve meetings\, which in turn moves everything from mortgage pricing to the value of the dollar against the pound and the euro. \nWhat It Means for Your Money\nIf jobless claims rise sharply and stay high\, it is often read as a sign the economy is slowing\, which can push the Federal Reserve toward further interest rate cuts. Lower rates over time tend to feed through to cheaper mortgages and other borrowing\, though not always immediately\, while savers may see interest rates on cash accounts drift lower too. \nA weaker labour market also matters directly if you or someone in your household is job hunting or worried about redundancy\, since rising claims usually show up first in the industries or regions where layoffs are concentrated. For pensions and investments\, sharp swings in this data can move stock markets in the short term\, though a single week’s figure rarely changes the bigger picture on its own. \nFor anyone holding dollars\, pounds or euros\, a weaker-than-expected reading tends to soften the dollar a touch against both\, while a stronger reading can do the opposite\, though the effect from a single weekly report is usually modest compared with monthly jobs data or Fed meetings. \nFrequently Asked Questions\nWhat time is the jobless claims report released?\nThe report is released at 8:30 am ET\, which is 1:30 pm in London\, every Thursday including September 24\, 2026. \nWhat counts as a big miss from consensus?\nEconomists generally treat a move of more than 15\,000 to 20\,000 above or below the consensus forecast as notable\, since weekly claims can be volatile due to seasonal adjustment quirks and one-off state-level reporting issues. \nWhen is the next jobless claims report?\nThe next weekly release follows on Thursday\, October 1\, 2026\, covering the week ending September 26\, 2026. \n\n\n \n← Previous US Initial Jobless Claims
URL:https://www.financecalendar.com/event/us-initial-jobless-claims-september-24-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T100000
DTEND;TZID=America/New_York:20260924T110000
DTSTAMP:20260825T110930Z
CREATED:20260825T110930Z
LAST-MODIFIED:20260825T110930Z
UID:2088-1790244000-1790247600@www.financecalendar.com
SUMMARY:US New Home Sales September 2026
DESCRIPTION:Next US New Home Sales: Thursday\, September 24\, 2026 at 10:00 am ET (3:00 pm London). Covers August 2026 data. \n\nConsensus\nA consensus forecast has not yet been published for the August 2026 reading\nPrior\nJuly 2026 data (SAAR)\, released August 25\, 2026; exact figure not yet independently confirmed by publisher\nActual\nPending\n\nFull schedule and background: US New Home Sales. \nUpdated August 25\, 2026 \n\n← Previous US New Home Sales\nThe US New Home Sales report for August 2026 is released on Thursday\, September 24\, 2026 at 10:00 am ET (3:00 pm London time) by the US Census Bureau\, working jointly with the Department of Housing and Urban Development (HUD). The release\, formally titled Monthly New Residential Sales\, covers sales of newly built single-family homes during August 2026. Full schedule and background: US New Home Sales. \nWhat is New Home Sales?\nNew Home Sales measures the number of newly constructed single-family houses sold during the month\, expressed as a seasonally adjusted annual rate (SAAR). A sale is counted at the point a deposit is accepted or a contract is signed\, not when the house is completed or the buyer moves in\, so the figure captures buyer demand earlier than data based on closings. \nThe Census Bureau collects the underlying survey data from homebuilders and combines it with building permit and completion records. Because the sample of newly built homes is relatively small compared with the resale market\, the monthly change carries a wide margin of error\, and single-month swings of 10% or more are common even when the underlying trend is stable. \nMarkets watch the release because new construction feeds directly into GDP through residential investment\, and because homebuilder behaviour is highly sensitive to mortgage rates. A pickup in New Home Sales alongside rising builder confidence often signals that lower or stabilising borrowing costs are starting to work through the economy\, while a slump can flag stress in housing affordability before it shows up in broader growth figures. \nWhen is the August New Home Sales report released?\nThe August 2026 report is scheduled for release on Thursday\, September 24\, 2026 at 10:00 am ET (3:00 pm in London)\, published by the US Census Bureau and HUD on the Census Bureau’s New Residential Sales page. The Census Bureau typically confirms each release date a month in advance in the prior month’s report\, and this date has not been flagged as provisional. \nWhat is the consensus forecast?\nAs this page is being prepared well ahead of the release\, a consensus forecast from a Reuters or Bloomberg economist poll has not yet been published. Consensus estimates for New Home Sales typically appear in the days immediately before the release\, once forecasters have seen related indicators such as mortgage applications\, builder sentiment surveys and pending home sales for the same month. The most recently confirmed print in the series comes from the report covering July 2026 data\, published on August 25\, 2026\, which is the “prior” reading against which the August figure will be compared. \n\n\n\nMeasure\nPrior (July 2026 data)\nConsensus (August 2026 data)\n\n\n\n\nNew Home Sales (SAAR)\nSee August 25\, 2026 Census Bureau release\nNot yet published\n\n\nMedian Sales Price\nSee August 25\, 2026 Census Bureau release\nNot yet published\n\n\n\nWhat the result could mean\n\n\n\nScenario\nLikely market read\nWhat it means in plain English\n\n\n\n\nAbove consensus\nRead as a sign of resilient housing demand\, which could support the view that the labour market and consumer spending remain firm; economists such as those at the National Association of Home Builders (NAHB) often link stronger sales to improved builder confidence readings\nMore people are agreeing deals to buy newly built homes than expected\, which can support construction jobs and materials demand\n\n\nIn line\nLimited market reaction\, since traders and the Federal Reserve are more focused on inflation and jobs data for setting interest rate policy\nThe housing market is behaving roughly as expected\, with no fresh signal for mortgage rates or the wider economy\n\n\nBelow consensus\nCould be read as evidence that high mortgage rates and stretched affordability are still weighing on buyers\, a theme regularly highlighted in NAHB and Mortgage Bankers Association commentary\nFewer new homes are being sold than expected\, which can eventually feed through to slower construction activity and softer materials and furnishings demand\n\n\n\nThese are possible interpretations\, not predictions. The actual market reaction depends heavily on what other data is released the same week\, particularly on inflation\, employment and Federal Reserve commentary. \nWhy does this release matter right now?\nNew Home Sales sits alongside Existing Home Sales\, Housing Starts and Building Permits as one of the housing indicators the Federal Reserve monitors when assessing how its interest rate stance is affecting the wider economy. Housing is one of the most rate-sensitive parts of the US economy because most new-build purchases depend on a mortgage\, so changes in the average 30-year fixed mortgage rate tend to show up in new home sales figures faster than in most other spending categories. \nThe National Association of Realtors reported that existing-home sales fell in July 2026\, with NAR chief economist Lawrence Yun describing home sales as having been “remarkably stable” despite elevated mortgage rates in recent months. Builders have continued authorising new construction\, with single-family permits running above year-ago levels according to the Census Bureau’s New Residential Construction release for July 2026\, even as housing starts fell back from June. Whether new home buyers are following that permitting activity through to signed contracts is exactly what the August New Home Sales figure will show. \nWhat It Means for Your Money\n\nMortgages and rates: a stronger than expected reading can reinforce expectations that the Federal Reserve will hold interest rates for longer\, which tends to keep US mortgage rates elevated; a weak reading can support the case for rate cuts\, which would eventually flow through to cheaper mortgages in the US and influence rate expectations in the UK and eurozone too.\nSavings: if the data shifts expectations for Fed rate cuts\, savings account and money market fund rates in the US can move in tandem\, since banks reprice deposit rates in response to changes in the federal funds rate outlook.\nJobs and wages: homebuilding supports construction jobs\, and a sustained slowdown in new home sales can eventually reduce hiring in construction\, real estate and related trades such as flooring\, appliances and furnishings.\nPrices: the median and average sales price data in the same release gives a read on whether new-build home prices are rising or falling\, which feeds into how affordable housing is for first-time buyers in the US.\nInvestments\, pensions and currencies: homebuilder shares and housing-related exchange traded funds often react directly to this release. A surprise can also move the dollar\, since it feeds into the broader picture the Fed uses to set policy\, which in turn affects the pound and the euro through relative interest rate expectations.\n\nRelated events\n\nPrevious release: US New Home Sales\, August 2026 (July 2026 data)\nUS Existing Home Sales\, released monthly by the National Association of Realtors\nUS Housing Starts and Building Permits\, released monthly by the Census Bureau\n\nFrequently Asked Questions\nWhat time is the August 2026 New Home Sales report released?\nIt is released at 10:00 am ET\, which is 3:00 pm in London\, on Thursday\, September 24\, 2026. \nHow should I read the New Home Sales number?\nLook at the seasonally adjusted annual rate compared with the prior month and the same month a year earlier\, and treat single-month moves cautiously given the wide margin of error the Census Bureau attaches to this survey. \nDoes New Home Sales affect Federal Reserve interest rate decisions?\nIt is one of several housing indicators the Fed reviews alongside inflation and employment data\, so it can influence rate expectations but rarely moves policy on its own. \nWhere can I find the official New Home Sales release?\nThe full release is published on the US Census Bureau’s New Residential Sales page at the time of publication. \nWhen is the next New Home Sales report after this one?\nThe Census Bureau typically releases New Home Sales roughly one month later\, covering September 2026 data\, with the exact date confirmed in the August release. \n← Previous US New Home Sales
URL:https://www.financecalendar.com/event/us-new-home-sales-september-2026/
CATEGORIES:Economic Indicators
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260924T120000
DTEND;TZID=America/New_York:20260924T130000
DTSTAMP:20260825T104631Z
CREATED:20260605T060000Z
LAST-MODIFIED:20260825T104631Z
UID:1332-1790251200-1790254800@www.financecalendar.com
SUMMARY:COST Earnings September 2026
DESCRIPTION:Next COST Quarterly Earnings: Thursday\, September 24\, 2026 at 12:00 pm ET (5:00 pm London). \n\nConsensus\nEPS $6.43–6.55 (consensus per MarketBeat/TipRanks)\nActual\nPending\n\nUpdated August 25\, 2026 \n\nCostco Wholesale Corporation (NASDAQ: COST) will report its fiscal fourth quarter and full-year 2026 operating results on Thursday\, September 24\, 2026\, after the market close. The release will cover the quarter ending in late August 2026\, completing Costco’s fiscal year 2026. Analysts expect earnings per diluted share of approximately $6.43 to $6.55\, according to consensus estimates tracked by MarketBeat and TipRanks\, representing year-over-year growth from the $5.87 per share reported in fiscal Q4 2025. \nWhat Is the Costco Earnings Report?\nCostco Wholesale Corporation operates the world’s third-largest retailer by revenue and the largest membership-only warehouse club chain globally. The company’s fiscal year runs from early September through late August\, with fiscal Q4 covering approximately June through August each year. Costco’s quarterly earnings reports include net sales\, comparable store sales (a closely watched metric of organic growth)\, membership fee revenue\, and net income. \nCostco’s business model is distinctive: the company earns a substantial portion of its operating income from annual membership fees rather than traditional retail margins\, which makes membership renewal rates and new member additions key indicators of business health. As of fiscal year 2025\, membership fee revenue reached $5.32 billion annually\, providing a predictable and highly recurring income stream. \nThe September earnings release carries particular significance because it covers both the quarterly result and the full fiscal year\, giving analysts and investors a comprehensive view of Costco’s annual performance. A press release and conference call with management typically follow shortly after the close of US trading on the release date. \nCOST Earnings: September 24\, 2026 Schedule\nCostco will publish its fiscal Q4 2026 results on Thursday\, September 24\, 2026\, after the market closes at 4:00 p.m. Eastern Time\, with a conference call expected shortly thereafter. The fiscal quarter covers the period from approximately June through August 2026. \nFor context\, Costco reported its fiscal Q3 2026 results on May 28\, 2026. That quarter saw net sales rise 11.6% year-over-year to $69.15 billion\, comparable store sales increase 9.8%\, and customer traffic improve 2.4%\, according to the company’s investor relations release. The strong Q3 performance sets a high baseline for expectations heading into the final quarter of the fiscal year. \nThe fiscal Q4 FY2025 comparison period (reported September 25\, 2025) showed net sales of $84.4 billion (up 8.0% year-over-year) and earnings per diluted share of $5.87\, representing 11% growth from the prior year. Analysts tracking Q4 FY2026 are using this as their base period\, with consensus EPS forecasts of $6.43 to $6.55. \nWhy Costco Earnings Matter for Markets\nCostco is widely regarded as a proxy for consumer spending health among higher-income households. Its warehouse format caters to members who shop in bulk\, typically purchasing more discretionary goods per trip than at conventional supermarkets. Strong comparable sales at Costco signal robust consumer confidence among a key demographic segment\, whereas a miss can signal that even affluent shoppers are pulling back. \nBeyond consumer sentiment\, Costco’s results illuminate several structural themes that markets are tracking closely in 2026. First\, the impact of tariffs on imported goods: Costco sources a significant proportion of its merchandise internationally\, and any cost pressures from trade policy will likely appear in gross margin commentary or in management guidance. Second\, membership fee dynamics: any deceleration in new member growth or a decline in renewal rates would be a significant negative signal for the long-term revenue base. \nFor sector investors\, Costco’s results influence the broader consumer staples and discount retail universe\, including peers such as Walmart and Target. A strong quarter from Costco typically provides a positive read-through for the retail sector generally\, while any sign of consumer softening tends to weigh on the group. The September release also falls at the end of the summer trading season\, making it a useful signal for early back-to-school and pre-holiday spending trends. \nWhat to Watch For in Fiscal Q4 2026\nMarkets will focus on several key metrics in Costco’s September 24 release: \nComparable store sales (comp sales) will be the headline metric beyond EPS. Analysts are watching for continuation of the mid-to-high single-digit comp trends seen in recent quarters. Any deceleration below 6% would likely disappoint\, while figures above 10% would signal further strength in consumer spending at the warehouse level. \nE-commerce performance will also draw scrutiny. In fiscal Q4 2025\, Costco’s e-commerce sales grew 13.5% year-over-year. With digital adoption continuing across retail\, markets will be looking for sustained or accelerating online growth to offset any in-store traffic moderation. Membership renewal rates\, historically above 90% in the United States and Canada\, and any indication of how the company’s recent membership fee increase (announced in mid-2024) is affecting renewal behaviour\, will be key points in the conference call commentary. \nGross margin trends and any commentary on tariff-related cost pressures will be scrutinised given the trade policy backdrop. Investors will also listen carefully for full-year fiscal 2027 outlook guidance and capital allocation plans\, particularly regarding special dividends\, which Costco has paid several times in recent years. \nRelated Events\n\nFOMC Rate Decision September 2026 — The Federal Reserve’s September 16 interest rate decision will set the consumer credit backdrop against which Costco’s results are interpreted.\nUS Retail Sales September 2026 — Broad retail sales data for the same period will provide context for whether Costco’s performance is sector-specific or reflects wider consumer trends.\nUS Personal Income and Outlays (PCE) September 2026 — The Fed’s preferred inflation measure will frame the broader consumer spending environment surrounding the Costco release.\n\nFrequently Asked Questions\nWhat fiscal quarter does Costco’s September 2026 earnings cover?\nThe September 24\, 2026 earnings release covers Costco’s fiscal fourth quarter of 2026\, which runs from approximately June through August 2026. The release also includes full fiscal year 2026 results\, as Costco’s fiscal year runs from early September to late August each year. \nWhen will Costco report its Q4 2026 earnings?\nCostco Wholesale Corporation is scheduled to release fiscal Q4 2026 results on Thursday\, September 24\, 2026\, after the close of US trading at 4:00 p.m. Eastern Time. A management conference call is expected to follow the press release. \nWhat are analysts expecting from Costco’s Q4 2026 results?\nConsensus EPS estimates for fiscal Q4 2026 are in the range of $6.43 to $6.55 per diluted share\, according to analysts tracked by MarketBeat and TipRanks. This compares with $5.87 per share in the year-ago quarter. Beyond EPS\, comparable store sales growth and membership renewal rates will be the key performance indicators market participants are watching most closely.
URL:https://www.financecalendar.com/event/cost-earnings-september-2026/
CATEGORIES:Economic Indicators
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