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Costco Wholesale (NASDAQ: COST) is a proven winner in the retail arena. Beloved by its customers for the tremendous value it provides and its shareowners for the wealth it has delivered, Costco is a favorite among many. The profit Costco earns from selling membership plans allows it to price its goods only slightly above its costs.
This metric shows that members feel they are getting plenty of value from their Costco subscriptions.
While the top- and bottom-line numbers for Costco (COST) give a sense of how the business performed in the quarter ended May 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Want to make the most of your Costco membership in June? Read on to find out what's on sale this month.
ISSAQUAH, Wash., June 01, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $18.45 billion for the retail month of May, the four weeks ended May 28, 2023, an increase of 1.2 percent from $18.23 billion last year. For the thirty-nine weeks ended May 28, 2023, the Company reported net sales of $174.07 billion, an increase of 5.1 percent from $165.56 billion last year. Comparable sales were as follows: 4 Weeks 39 WeeksU.S.-1
Want to see your savings grow this month? Read on to see what you can do to give your savings a lift.
Zacks.com users have recently been watching Costco (COST) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
This company has a history of rewarding shareholders.
For many people, the decision to join Costco is an easy one. Here are some dos and don'ts to keep in mind, whether you're new to Costco or have been shopping there for years. A basic Costco membership costs $60 a year, while an executive membership costs $120.
The company reported generally positive news around sales growth and market share in its Q1 earnings report, which covered the selling period through late April. Cost pressures are easing, potentially paving the way for faster earnings growth ahead. BJ's shares are trailing the wider market so far in 2023 and have underperformed rival Costco Wholesale (NASDAQ: COST), as well.
These three companies are all solid, reliable dividend stocks to tide your portfolio over through good times and bad.
You may not know that Costco doesn't take manufacturer coupons. Find out more about this rule and other interesting Costco facts.
Shutterfly can be a great source for photos and customized gifts. Read on to see how you can reap even more savings as a Costco member.
Costco Wholesale (NASDAQ: COST) is often adept at increasing its sales, even under more challenging economic conditions. In its fiscal 2023's third quarter (ended May 7), comparable sales rose by only 0.3%, and that included modest declines in both the U.S. and Canada. As recently as last year, Costco's results seemed immune to high inflation and slow economic growth.
Costco can be a great source for party supplies. Read on for some of the items you might want to scoop up ahead of your next bash.
Investors like Costco because it has a wide economic moat in retail with its membership model, reputation for bargain prices on bulk goods, and long history of high customer satisfaction. Additionally, Costco's low prices and strength in groceries make it recession-proof as most of Costco's revenue comes from consumer staples or products that consumers buy regardless of the state of the economy. While Costco's quarterly dividend may not turn any heads, the company has a long history of raising its payout every year, usually by more than 10%.
It's hard not to get hungry when shopping at Costco. Thankfully, Costco stores feature a food court when you can score a variety of quick meals without racking up a giant credit card tab in the process. Perhaps the most iconic food court offering is the $1.50 hot dog and soda combo -- a deal whose price has stayed the same for many years.
The popular warehouse club famous for pallets of bulk buys also wants to sell you glasses and contacts. Here's why you should take a look.
Costco sells items in bulk, which may not seem like a good deal for two people. Learn how Costco can save a family of two a lot of money.
Investors should look beyond the membership-based wholesale retailer's reported net sales and earnings per share.
If you're on a tight budget, shopping at a warehouse club like Costco could help you save money. Here are some Costco finds you can't buy elsewhere.
Smart shopping at Costco can save a lot of money, but there are traps that could keep you from making the most of your membership. Read about them here.
If you're looking for some extra income for your portfolio, you might want to consider buying shares of leading brands in their respective markets that have a record of growing their dividend payments. Companies that consistently grow their dividend usually possess profitable business models and a competitive advantage -- a key factor in determining a company's long-term success. Let's see why Starbucks (NASDAQ: SBUX), Williams-Sonoma (NYSE: WSM), and Costco Wholesale (NASDAQ: COST) made the cut of three Motley Fool contributors' dividend stock buy lists.
A basic Costco membership is apt to suffice for many people. But read on to see when it might pay to upgrade to an executive membership.
Many of the best deals at Costco are from its Kirkland Signature house brand. Here are a few great examples.