Company Of The Day: Costco

-15.15%
Downside
856
Market
726
Trefis
COST: Costco logo
COST
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?

Relevant Articles
  1. Up 23% Since Beginning of This Year, Will Costco’s Strong Run Continue Following Q3 Results?
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  6. 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

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

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

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