Company Of The Day: Costco
What?
Costco (NYSE:COST) reported December 2022 sales of $23.80 billion, marking a 7% year-over-year increase.
Why?
- Costco Stock Has Grown 2x S&P 500 So Far This Year: More Gains After Q4 Results?
- 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?
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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