Costco Wholesale Stock News

By operating a membership-based business model, Costco promotes repeat store visits. The company continues to grow its same-store sales.

Costco will keep growing as long as it locks in more members and opens new stores. Amazon is a solid long-term play on the e-commerce, cloud, AI, and advertising markets.

Costco's recent results show steady growth and resilient member loyalty. Membership fee income and executive membership upgrades continue to power cash generation.

NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF) announced that it has completed a second shipment of more than 300,000 compostable coffee pods to Bridgehead Coffee. The delivery is part of a previously announced purchase order totaling 1.2 million pods to support Bridgehead's rollout in Costco stores.

Costco's strong and resilient growth over the years has made it a hot buy. Its growth has slowed in recent years, but its business model remains excellent.

Costco's massive sales base gives it a powerful cost advantage that supports everyday low prices for shoppers. Opening new warehouse stores and bringing on more members will drive revenue and earnings growth.

Mega-retailer Costco has scaled great heights, but is in the middle of a 15% drawdown. Ubiquitous beverage maker Coca-Cola is seeing its shares trade near all-time highs.

SEATTLE--(BUSINESS WIRE)---- $COST #COST--Consumers sued Costco in a class-action lawsuit alleging it sold adulterated tequila containing significant non-agave sugars, says Hagens Berman.