Costco (COST) said its e-commerce sales in November were hit as this year’s Thanksgiving weekend happened a week later this year versus the last one, affecting year-over-year comparisons.

The popular wholesaler said that November e-commerce sales were "negatively impacted by an estimated 15 percentage points" by Thanksgiving, Black Friday and Cyber Monday happening a week later than last year.

This year, the five-day period from Thanksgiving Day to Cyber Monday occurred from Nov. 28 to Dec. 2. Last year, it fell firmly in November, from the 23rd to t⛄he 27th. 

Costco said that its total and comparable sales “were negatively impacted by approximately ⛎one and one-half percent as a result of the shift in E-commerce sales.”

Oppenheimer, JPM Stay Bullish on Costco

Still, Rupesh Parikh, an analyst at 🐻Oppenheimer, called Costco a “top pick,” adding that the brokerage sees a potential stock split by the wholesaler ꦉas “positive catalyst.”

“From here, we believe continued strong performance in discretionary coupled with grocery momentum should help to sustain healthy top-line momentum," Parikh added. The broker has an over🐲weight rating and $98🅘0 target on the stock.

JPMorgan analysts raised their Costco price targe🤪t to $1,090 from $945 and maintained their overweight rating. The analysts noted that while the shift in dates of Black Friday affected the wholesaler across the board, its “core trends” are “ahead of expectations and quite r♏obust.”

Costco shares were down about 0.84% after the open Thursday but are up about 50% this year.