Costco Wholesale Stock News

Memberships remain Costco's core profit engine. Steady sales growth matters more than flashy growth.

The Walmart-owned company has about 60 stores in China and counting, as well as a fast-growing e-commerce business.

Costco doesn't try to maximize revenue from merchandise sales, instead leaning on its membership model. The company's massive sales base, coupled with a limited SKU count, gives it a tremendous cost advantage.

Since going public in 1985, Costco has opened almost 1,000 warehouses around the world. Its ethos of religiously passing savings costs to consumers has won it a loyal fan base that totaled 81.4 million paying members last quarter.

A $400,000 shipment of lobster was stolen in transit to Costco wholesale stores in the US, a freight company's president has said.

Consumer staples and healthcare can be durable industries to invest in. Costco is highly profitable and relies on its proven membership model.

After another bumper year for equities and mega-cap tech stocks in general, it can be easy to miss what's been happening in the shadows. While benchmark indices like the S&P 500 are on the verge of logging yet another record close, some of the most interesting opportunities right now are not the stocks making headlines, but rather the ones that have been left behind.

Costco's earnings and stock price have climbed over time. The company keeps customers in its key markets coming back at a high rate year after year.