If You'd Invested $5,000 in Costco Stock 10 Years Ago, Here's How Much You'd Have Today
Costco(COST) The Motley Fool·2024-06-10 08:00
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 ...