Company Of The Day: Costco
What?
Costco reported that its comparable sales for the retail month of November rose by 4.3%, missing expectations. The company’s e-commerce sales were down 10.1% for the month.
Why?
- Up 23% Since Beginning of This Year, Will Costco’s Strong Run Continue Following Q3 Results?
- Up 8% This Year, Why Is Costco Stock Outperforming?
- Does Costco Stock Have More Room For Gains After Rising 40% in 2023?
- What To Expect From Costco’s Stock Post Q4 Results?
- Costco’s Stock Up 23% So Far, What’s Next?
- What To Watch For In Costco’s Stock Post Q3?
Costco’s exposure to discretionary categories appears to be hurting its growth, as products such as consumer electronics and hardware witness slower sales.
So What?
Shares of Costco we down by over 6% in trading on Thursday.
See Our Complete Analysis For Costco
Returns | Dec 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
COST Return | -7% | -11% | 215% |
S&P 500 Return | 0% | -14% | 82% |
Trefis Multi-Strategy Portfolio | 1% | -17% | 229% |
[1] Month-to-date and year-to-date as of 12/2/2022
[2] Cumulative total returns since the end of 2016