Company Of The Day: Costco

December 2nd, 2022 by Trefis Team
-5.34%
Downside
927
Market
878
Trefis
COST: Costco Wholesale logo
COST
Costco Wholesale

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?

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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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