There's good reason to believe this warehouse retailer will still be thriving in 10 years.On a typical Friday evening in the 1990s, vast numbers of families in the U.S. paraded down to their local Blockbuster to pick up some weekend entertainment by renting a movie or a video game cartridge. The chain was a dominant force in its segment of the entertainment space. But as time went by, its management failed to react effectively to rising competition from companies offering first DVD rental by mail, and then ...

Costco is going platinum.The wholesale retailer — which has gotten a massive boost from peddling gold bars — announced Wednesday it will sell 1-ounce platinum bars on its website for $1,089.99 each.The company will also sell a 1-ounce Canada maple leaf platinum coin for the same price. 3 Costco announced on Wednesday it is selling 1-ounce platinum bars on its website for $1,089.99 each. CostcoThe bars and coins are available online only and cannot be delivered to Louisiana, Nevada or Puerto Rico, the comp ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Costco continues to chip away at the gold mine that is the precious metals market. The wholesaler is adding Swiss-made platinum bars to its selection.Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars and silver coins. The bars are only sold online, and cannot be delivered to Louisiana, Nevada or Puerto Rico, the company said. Interested buyers will also need a Costco membership, which costs between $65 or $130 a year.It's no surpr ...

It's already close. Costco Wholesale (COST -1.03%) continues to impress investors, and its stock keeps climbing. It did take a small step back after fiscal fourth-quarter earnings, but it's up 35% this year, outpacing the S&P 500. That means it also stepped back from trading above $900. But knowing Costco, it won't stay down for long. How quickly can the warehouse retailer's stock reach a four-digit price tag? Headwinds and tailwinds Costco operates a differentiated retail model that charges membership fees ...

For all its size and power, Costco stands to take an economic hit from a worsening labor dispute.Costco Wholesale (COST 0.10%) stock didn't have one of its better trading sessions on Monday. Like its retail industry peers, it's staring into the face of a potentially damaging labor action, specifically a looming strike by dockworkers at ports located on the East and Gulf Coasts. Cautious investors avoided the stock, which sagged marginally in price while the S&P 500 index increased to close 0.4% higher.A few ...

Costco's looking expensive. Consider these two retail stocks instead.Costco Wholesale (COST -1.75%) has been one of the best-performing stocks in the retail sector.Shares of the membership-based warehouse chain have jumped more than 600% over the last decade, and the company continues to expand both through new stores in the U.S., and by growing same-store sales and expanding its e-commerce business.However, despite that success, there's a good argument that Costco is now overvalued. The stock trades at a p ...

Costco (COST) shares were down following the company’s mixed quarterly release where it narrowly missed on the top-line even as it handily beat bottom-line estimates. Other than the modest revenue miss, there is not a whole lot in the report that Costco shareholders can complain about, as the company continues to deliver impressive results in a consumer spending backdrop that many of its peers are finding challenging.Costco’s quarterly earnings were up +6.1% on +1% higher revenues, with comparable same-stor ...

Costco Wholesale Corporation (COST) posted its fourth-quarter fiscal 2024 results, with earnings surpassing the Zacks Consensus Estimate but revenues falling short of the same. Both the metrics showed year-over-year growth. Comparable sales also increased, though the pace of growth moderated compared to the preceding quarter. This can be attributed to the cautious consumer spending environment and lower gasoline prices.Costco’s Quarterly Performance: Key Metrics and InsightsCostco reported adjusted earnings ...

An apparent tailwind hit yesterday's value stocks, a new development seen in the declining shares of Costco Wholesale Co. NASDAQ: COST after the company released its latest set of quarterly earnings this week. Costco stock is now down over 2% after the report, a bearish sentiment that comes despite the Federal Reserve (the Fed) recently cutting interest rates by the most since the 2008 financial crisis.However, some investors argue these rate cuts might have been priced into stocks like Costco and Walmart I ...