Company Of The Day: Costco

January 9th, 2023 by Trefis Team
+2.54%
Upside
708
Market
726
Trefis
COST: Costco logo
COST
Costco

What?

Costco (NYSE:COST) reported December 2022 sales of $23.80 billion, marking a 7% year-over-year increase.

Why?

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Consumer spending over the holidays in the company’s stores was stronger than expected, although e-commerce sales were weaker.

So What?

Costco stock rallied by almost 7% in Friday’s trading.

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 Jan 2023
MTD [1]		 2023
YTD [1]		 2017-23
Total [2]
 COST Return 6% 6% 202%
 S&P 500 Return 1% 1% 74%
 Trefis Multi-Strategy Portfolio 2% 2% 222%

[1] Month-to-date and year-to-date as of 1/9/2023
[2] Cumulative total returns since the end of 2016

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