Costco shares careen toward their worst day in a year. In between, the stock rose 41%.

Costco is on pace for its worst day in nearly a year after last night’s earnings miss spooked investors.

The wholesale club fell more than 6.5% on Friday morning after its fiscal second-quarter earnings report. That’s on pace to be its worst day since March 8, 2024, when the stock fell 7.6% after the company also missed expectations for the same quarter.

In case you’re curious what the stock did during the nearly year in between those misses, it rose 41%.

This year, the earnings miss was also paired with a broader market meltdown amid a back-and-forth on US tariffs on Mexico and Canada, which retailers have have warned may hurt their bottom lines.

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