Costco Wholesale Stock News

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.

Some investors are overly concerned that Costco's renewal rates have slightly slowed. But the company is growing sales and earnings, and North American membership renewal rates are still at a very high 92%.

Wealthfront offers a compelling fintech platform with robust features like automated tax-loss harvesting and high-yield cash accounts, earning top industry ratings. WLTH's business model aligns with customer success, focusing on low-cost ETFs and minimal marketing spend, reminiscent of Costco's value-driven approach. Valuation appears conservative: $117M FCF, $210M net cash, and management proj...

Costco has been a model of consistency in the retail industry. The company continues to open new stores and is growing comparable sales.