Stockideas

Costco
(NASDAQ:COST)
Costco

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverag...
Founded: 1983
Full Time Employees: 304,000
CEO: W. Craig Jelinek  (Jan 2012~)
Sector: Consumer Defensive
Industry: Discount Stores
Next Earnings Date: 2022-12-08
Stock price: $494.23 (-1.91%)
Costco
By: tachyon Very lazy guy   💬 23   
   on Nov 15, 2022

I go there almost every week. That means they can easily make couple thousand dollars off my purchases every year. Also, most people around me enjoys shopping there more than the other retailers. This trend is not likely to reverse anytime soon. $cost


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Costco is selling Roblox toy figures
By: bahnhopf Ich bin gut   💬 25   
   on Nov 13, 2022

Costco is selling their toy figures now. This is a good combination. $cost $rblx


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Costco opens their second store in China
By: ssmlee04 Community Lead :))   💬 98   
   on Dec 19, 2021

https://www.thenanjinger.com/news/regional-news/costco-chaos-in-suzhou-nanjing-hangzhou-could-be-next/

This is an old news.

Giant American wholesaler Costco has opened its sprawling warehouse in not-so-distant Suzhou, making the city the first other than Shanghai with a Costco in China. The discounted-bulk-buying brand is also on its way to Nanjing, with an even bigger store.

$cost


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Costco
By: raspberry lazy guy   💬 31   
   on Dec 21, 2020

If you go to Costco everyday after 4pm you'll know how good their business is. On the weekend people starts to lines up within 10-30 minutes of the store opening maybe because they have nowhere else to go. And that means good business and good earnings. $COST


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Why Costco is Cheaper than Amazon
By: ssmlee04 Community Lead :))   💬 98   
   on Nov 17, 2019

https://www.youtube.com/watch?v=S7BycrGnaJA

https://www.youtube.com/watch?v=S7BycrGnaJA

75% of Costco revenue is from membership, so they can use the profits to give it back to their customers. Also they have this self-imposed rule that everything should sell with a profit margin less than 15%, and this creates loyalty that Amazon hasn't yet to penetrate effectively.

$AMZN $COST


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Cost is near 300 again
By: moodyzhan Senior Financial Consultant   💬 6   
   on Oct 15, 2019

$Cost keeps pushing up towards 300 area in the past two days and I don't see anything dragging it back currently especially considering the holiday season is coming. I guess there's nowhere better than Costco to cross off the stuff on your Christmas gift list.


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Why Costco Insiders keep selling?
By: moodyzhan Senior Financial Consultant   💬 6   
   on Oct 09, 2019

$cost is a good place that our family always like to hang around. I have a few Costco by hand but wondering why the insiders keep selling shares? The insiders sold more than they bought over the last year that bothered me a lot.


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COST
By: moodyzhan Senior Financial Consultant   💬 6   
   on Sep 24, 2019

Keep on eye on today's Costco performance. If the EMA 3 *13 upward crossover, then today will be a BUY signal in short term. From the fundamental perspective, the expectation of revenue and net income are way above those in Q3, which is a good sign. And seeing from the historical performance, Costco always does a good job in Q4 season probably because of Christmas season. So keep looking good in Costco.


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COST
By: hughgrant lazy guy   💬 13   
   on Sep 19, 2019

Costco gets a downgrade today for being too expensive. Well this sucks. And that's expected given all other retail stocks are priced at a much cheaper valuation. $cost


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Costco just opened a new shop in Shanghai
By: ssmlee04 Community Lead :))   💬 98   
   on Aug 29, 2019

Costco just opened the first store in Shanghai this week, it is also the first store in China. Apparently it's so popular that you need to wait for hours to stay in the line or enter and exit the parking lot. It's so popular that they had to shut down the store at a point. That buzz drove the stock price up 5% to a p/e ratio over 35. It's quite high if you compare with other retailers like Target or Walmart you'll see they have much lower valuations compare to Costco.

For international companies to enter China it's usually a good idea to start in Shanghai. It's more likely you're targeting the highest paid users in the entire country, also you'd be facing user behaviors similar to those in many other existing countries. So it's only natural for them to open their first shop there.

And although their refund policy says you can return anything, at any time, no questions asked, according to them only a small percentage of people do it so on average you'll be ok. Also even if you do it it will be the suppliers taking the losses on the returns. So even for the worst case scenario like in a trade war all Chinese people go there and request refund on everything in theory they'd still be ok and walk free. Which is something I find interesting how they can get their suppliers to agree on these terms and still provide you all these great, unique products that you cannot find in other retailers. Great business model maybe not recently but I can see very long term growth on this company.

long $cost $wmt $tgt $kr


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Target revenue and earnings beat
By: jocelyn lazy guy   💬 13   
   on Aug 25, 2019

Target up 19% on earnings and revenue beat. Have always loved shopping at Target the logo and store is generally nice. After the jump the p/e is still much lower than Costco. Looking good ahead maybe it's a good buy when it pulls back.

long $tgt neutral $cost


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large gravestone
By: hughgrant lazy guy   💬 13   
   on May 31, 2019

Weekly chart displays a gravestone pattern this week. Once it breaks below 237.6 it can go anywhere. I'd not be interested in holding this stock for the next couple of weeks.


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