The retailer's unusual business model is still proving surprisingly marketable, suggesting the company delivers the value its members expect.Consumer demand for basics like food and cleaning supplies is persistent, but it's not like selling these goods is a high-growth business. Indeed, retailing tends to be a slow-growth industry. Most retailers' stocks perform accordingly.There are some exceptions to this norm, however. Club-based warehouse retailer Costco Wholesale (COST 0.35%) is one of them. It's been ...

Costco runs an incredible business, but its valuation has become expensive.Costco Wholesale (COST 0.35%) has been a reliable market-beating stock for ages. The company operates under a warehouse model that breeds loyalty and sales growth, and it also pays a dividend. There's nothing not to like about Costco stock -- except for its valuation.Is Costco's premium valuation a setup for a fall?Why Costco stock keeps climbingCostco has 879 warehouse stores globally, 606 of them in the U.S. It stands out from othe ...

Costco shares' sizable gains since this time last year are justified, and there's reason to expect more of the same.Trading at record highs thanks to its 60% rally over the course of the past 12 months, Costco Wholesale (COST 0.35%) stock could be a bit intimidating. It feels like a pullback could be in the offing. And, maybe that's exactly what's in the cards.Perhaps the bigger risk here, however, is at the other end of the continuum. That is, waiting any longer to buy into this red-hot name could prove co ...

The valuation can normalize by the stock price going down or by profits going up. Which will it be?Warehouse-style retail chain Costco Wholesale (COST 0.35%) is a stock that investors are willing to pay up for right now. Any stock's valuation -- how expensive or cheap it is -- can be measured relative to the size of its business. And Costco's is objectively high.One way to value a stock is by the profits from the business. This is called the price-to-earnings (P/E) ratio. Among the hundreds of companies in ...

Costco Wholesale Corporation (COST) continues to excel due to its strategic growth initiatives, effective pricing strategies and steady membership trends. These factors have propelled the company's performance, leading to impressive sales figures. Let's delve into the details of Costco's performance and understand why this retail giant remains a dominant force in the market.Sales Performance OverviewIn May, Costco reported an impressive increase in comparable sales, achieving 6.4% growth during the four-wee ...

In this articleGMCOSTCustomers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale.The Detroit automaker said it's increasingly using the retail giant's Costco Auto Program for EVs as it expands its portfolio from niche vehicles to mass-market segments with vehicles such as the Chevrolet Equinox and Chevrolet Blazer ...

Costco plans to stop selling books regularly at its wholesale clubs from January through August starting next year, the New York Times reported Thursday. Publishing executives told the outlet the retailer came to the decision, at least in part, because of the added cost for workers to stock the books, which are placed on tables for display, unlike other items that can simply be rolled out on pallets for customers to grab from. According to the outlet, the sources said Costco might still sell books on occasi ...

The dominant retailer reported another quarter of solid financial results.Once again, Costco (COST 0.83%) gave its shareholders reason to be optimistic. The massive warehouse store operator just reported revenue of $58.5 billion (up 9% year over year) and diluted earnings per share of $3.78 (up 29%) that easily beat Wall Street consensus analyst estimates. The business continue to hum along.But even though this is a top retail stock that has crushed it for investors historically, I think it's best to keep i ...

Will more membership-fee revenue be a catalyst for the stock?Costco (COST 0.83%) recently reported strong fiscal third-quarter results and talked about a potential membership-fee increase down the road. The stock has been a strong performer, up over 60% in the past year.Let's take a closer look at the retailer's most recent earnings, the potential impact of a membership-fee increase, and whether now is a good time to buy the stock.Rising sales and potential membership-fee increasesCostco's stellar fiscal Q3 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☒ EXCHANGE ACT OF 1934 For the quarterly period ended May 12, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 Commission file number 0-20355 Costco Wholesale Corporation (Exact name of registrant as specified in its charter) Washington 91-1223280 (State or other jurisdiction of (I.R.S. Employe ...