Costco (COST -0.14%) has been a positive force in shareholders' portfolios over the past several years. The warehouse retailer thrived through every phase of the pandemic and its aftermath, first handling record customer traffic when shoppers were bulking up on essentials and then posting fantastic sales gains as incomes soared. Costco endured a smaller growth hangover than its peers during the post-restrictions period, too.These wins underscore Costco's valuable competitive assets, like its price leadershi ...

Costco (COST) closed at $722.41 in the latest trading session, marking a -0.14% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.1% for the day. Meanwhile, the Dow gained 0.33%, and the Nasdaq, a tech-heavy index, lost 0.3%.The the stock of warehouse club operator has risen by 5.88% in the past month, lagging the Retail-Wholesale sector's gain of 6.89% and overreaching the S&P 500's gain of 5.78%.The investment community will be paying close attention to the earning ...

Costco Wholesale Corporation’s (COST) growth strategies, better price management and decent membership trends have been contributing to its performance. Cumulatively, these factors have been aiding this Issaquah, WA-based company in registering decent sales numbers. Markedly, comparable sales continued to display strength in January.Digging Into Comparable SalesCostco’s comparable sales for the retail month of January — the five-week period ended Feb 4, 2024 — advanced 2.7%. This followed an increase of 8.5 ...

Costco (COST -0.10%) stock has been a huge winner over the past half-decade, logging a 240% gain since early 2019 compared to the 81% increase in the S&P 500. It isn't as if the company was a secret on Wall Street five years ago, either. Costco was already well-established as one of the biggest retailers on the planet in 2019. Yet shares have rallied sharply since then as the company gained market share despite the wild swings in consumer spending patterns during the pandemic and its aftermath.There's no su ...

In the past 10 years, Costco Wholesale (COST -0.10%) shares have been a huge market outperformer, rising 700% since February 2014, including dividends. Strong fundamentals have propelled this eight-fold return. If you were smart enough to have purchased shares back then, a big congrats to you.I'm sure the hope is that a repeat performance is in the cards. So where will this leading retail stock be a decade from now? The answer might surprise you.Unique in the retail sectorOne of the key reasons that the ret ...

Core Viewpoint - The article discusses two stocks, Meta Platforms and Costco Wholesale Corporation, which have recently reached all-time highs but are still considered worthy investments due to their strong performance and growth potential. Meta Platforms - Meta Platforms has shown a remarkable turnaround, with its stock price reaching an all-time high of $468.11, reflecting a significant recovery from 2022 when it was undervalued [4] - The company reported the largest single-quarter gain in market cap in history, exceeding Wall Street estimates and announcing a $50 billion share buyback program [4][5] - Meta is trading at approximately nine times sales and has a peg ratio of just over one, indicating it remains reasonably priced compared to other major tech companies [5] - The introduction of a quarterly dividend starting at $0.50 per share further enhances its attractiveness as an investment [5] Costco Wholesale Corporation - Costco's stock is currently priced at $723.4, having increased by over 11% this year, 45% over the past 52 weeks, and more than 234% over the past five years [6] - Despite the high stock price, Costco maintains a low price-to-sales ratio of 1.3, indicating strong and consistent sales growth [6] - The company is expected to be a candidate for inclusion in the Dow Jones Industrial Average, which could lead to a stock split in the future [6] - Costco's consistent quarterly growth and the provision of both quarterly and special dividends make it a compelling investment even at its all-time high [6]

Costco (COST) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this warehouse club operator have returned +7% over the past month versus the Zacks S&P 500 composite's +6.5% change. The Zacks Retail - Discount Stores industry, to which Costco belongs, has gained 7.4% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases ...

Costco Wholesale Corp.’s January sales rose 4.5% year over year to $22.08 billion, cooling from holiday-boosted December sales of more than $26 billion. Costco COST, +1.26% same-store sales rose nearly 3%, and e-commerce sales increased 21%, the retail giant said. Costco’s stock fell 0.2% in the extended session, after ending the regular trading day up 1.3%. Wednesday’s report followed news Tuesday that said longtime Costco’s Chief Financial Officer Richard Galanti had “confirmed” his plan to step dow ...

Core Insights - Costco CFO Richard Galanti announced plans to step down after nearly 40 years in the role, with Gary Millerchip, the former Kroger finance chief, set to take over on March 15 [1] - Galanti has been a prominent figure during quarterly earnings calls, sharing notable sales figures, including over 4 million pie sales in the days before Thanksgiving and $100 million in gold bar sales in the last quarter [1] - Costco had 129.5 million cardholders at the end of November, and Galanti has indicated that an increase in membership fees is anticipated in the future [1] Company Leadership - CEO Ron Vachris, who began leading Costco last month, expressed gratitude to Galanti for his significant contributions to the company's success and noted his respect among shareholders and employees [2]

Costco wholesale storefront in Kaohsiung, Taiwan.gettyCostco announced that Richard Galanti (67), a 40-year CFO of the company is stepping down effective March 15. He will be replaced by Gary Millerchip (49), who is now senior vice president and Chief Financial Officer of the Kroger KR Company. He held that position for the past 15 years, which was preceded by 20 years in banking.Galanti joined Costco in 1984, and will remain with the company through January 2025 to assist in the transition and he will cont ...