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Costco's distinctive membership business model and pricing power set it apart from traditional players. Comparable sales for January increase 7.5%.
Bulk-buying, bargain-hunting shoppers propelled Costco Wholesale (COST -0.57%) to a record-breaking 2024 for sales and earnings. The discount retailer is benefiting from a resilient economic backdrop while capitalizing on an ongoing e-commerce expansion.
There's a stock that you've likely heard of but ignored, despite its rally over the years. Many investors avoid its industry, which is known for meager profit margins and intense competition.
Some investors might automatically assume Costco (COST -0.57%) is an established, slow-growing company. They would be right on one count, but wrong on the other.
The S&P 500 has been on a phenomenal run. After soaring 24% in 2023, it climbed 23% last year.
Costco (COST) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Peloton delivered mixed results for its holiday quarter, but managed to blow away adjusted EBITDA expectations despite a wider loss per share than expected. The Bike and Tread maker's guidance indicated it's sacrificing sales growth for profitability in the near term, but could see revenue stabilize by the end of the year.
Costco Wholesale (COST 2.06%) has emerged as one of the world's most successful retailers. Its strategy of selling high-quality bulk goods at competitive prices and razor-thin margins has built the company a loyal customer base.
Sales rose 9.2% in January from a year ago, the company said Wednesday.
Costco said its revenue last month rose 9.2% year over year to $19.51 billion. The company's shares slipped fractionally after hours on Wednesday.
The retail sector is currently navigating very challenging economic terrain. Businesses are facing significant obstacles due to persistent inflation, which increases costs and reduces consumer purchasing power.