Added to YB: 2024-06-27
Pitch date: 2024-06-26
COST [neutral]
Costco Wholesale Corporation
+1.38%
current return
Author Info
No bio for this author
Company Info
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden.
Market Cap
$381.9B
Pitch Price
$850.91
Price Target
N/A
Dividend
0.60%
EV/EBITDA
27.46
P/E
46.08
EV/Sales
1.33
Sector
Consumer Staples Distribution and Retail
Category
growth
COST: Navigating Valuation Concerns with Solid Performance and Expansion Potential
COST: Defensive retailer w/ 3% EBIT margin, $4.6B membership fees. Outperformed WMT rev growth since '09. Int'l success (13 countries), 25 stores/yr growth. Strong credit card profits. Maturity curve shows high ROIC. Bears cite valuation, but fundamentals solid. May grow into multiple. Downside risk exists but likely outperforms retail sector.
Read full article (4 min)