Loop Capital analyst Laura Champine kept her Buy rating and $265 price target on Costco after its September SSS increase of 7.3% exceeded consensus expectations of a 6% growth as traffic grew 4.6% and average ticket value grew 3.6% excluding gasoline inflation. The analyst notes that the company continues to absorb inflation in order to maximize its top-line growth, maintaining her FY19 revenue growth outlook of 9% and EPS view of $7.95 - above $7.70 consensus. Champine further cites Costco's mid-single digit or better growth being achieved across its major merchandise categories.