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#CostcoBeatsMicronNext Costco’s results were stronger than I expected, especially with so many questions around US consumer spending 🛒 FY2026 Q4 revenue reached $95.7B, up 11.1% YoY, while net income rose 14.9%. Sales and profit both beat expectations, and high membership renewal rates suggest customers still see real value in the model. What caught my attention is that comparable sales continued growing without weakening profitability. That makes Costco’s performance feel less like a temporary spending spike and more like steady consumer resilience. Now the earnings spotlight moves to Micron. Its report will test a completely different source of demand: AI servers and the growing need for DRAM, NAND and HBM memory. Costco showed that household demand is holding up. Micron may reveal whether the AI infrastructure cycle is equally durable—or if expectations have moved faster than actual earnings growth 💾