The market rally remains uneven. While technology stocks and shares of companies directly involved in artificial intelligence continue to push higher, many other stocks are lagging the market’s performance. This is especially true among stocks of blue-chip companies and value stocks. Shares of mature companies, those that are growing slower, have not kept pace, as the overall market hits all- time highs. In short, growth stocks are beating value stocks and have since the current bull market began 18 months ...

文章核心观点 - 零售商Costco的独特商业模式仍然具有令人惊讶的市场吸引力,表明该公司能够为会员提供预期的价值[1] - Costco作为一家会员制仓储零售商,在过去10年里会员数量和门店数量都实现了大幅增长,营收也从110亿美元增长到预计259亿美元[5][6] - Costco的股价在过去10年里上涨了634%,一笔5000美元的投资现在价值约36700美元[7] - 随着消费者购物偏好的变化,Costco的独特商业模式更加符合未来趋势,有望继续保持增长[9] 公司概况 - Costco是一家会员制仓储零售商,只有付费会员才能在其门店购物,会员费从60美元/年起[4] - 过去10年,Costco的会员数量从不到4000万增长到7400多万,门店数量从655家增长到870多家[5] 行业分析 - 零售行业通常是一个缓慢增长的行业,大多数零售商的股票表现也相应较为平庸[2] - 但Costco作为一个例外,在过去几十年里一直是一个明星表现[3] - 随着消费者对基本商品(如食品和清洁用品)的需求持续存在,以及消费者越来越重视价值,Costco的独特商业模式更加符合未来趋势[9]

Costco runs an incredible business, but its valuation has become expensive. Costco Wholesale (COST 0.35%) has been a reliable market-beating stock for ages. The company operates under a warehouse model that breeds loyalty and sales growth, and it also pays a dividend. There's nothing not to like about Costco stock -- except for its valuation. Is Costco's premium valuation a setup for a fall? Why Costco stock keeps climbing Costco has 879 warehouse stores globally, 606 of them in the U.S. It stands out from ...

文章核心观点 Costco股票自去年同期以来大幅上涨是合理的,并且有望继续保持涨势[1][2] 关键要点总结 1. Costco的商业模式行之有效 - Costco是一家会员制零售商,与沃尔玛、克罗格等零售商有所不同[4] - 尽管Costco会不时提高会员费,但其会员数量和续费率仍保持高位,显示其价值主张仍然吸引消费者[6] 2. 电子商务是Costco的巨大增长机会 - Costco过去专注于实体店,但在疫情期间加快了电商业务的发展[7][8] - Costco的电商业务增长迅速,远超整体销售增速,显示其正在认真发展电商[9][10] 3. Costco正在拓展到非必需品领域 - Costco的业务从最初的杂货业务逐步扩展到服装、电子等其他品类[11][12] - 最近一季度,随着通胀放缓,Costco会员转向购买更多非必需品,如玩具、轮胎等[13] - Costco正在有针对性地扩展自有品牌Kirkland Signature的产品线[13] 4. Costco仍有门店扩张空间 - 目前Costco在美国的门店数量虽然很多,但仍远低于沃尔玛、克罗格等竞争对手[16][17][18] - 尽管面临竞争,但Costco的同店销售增长仍保持良好,显示其门店扩张潜力[19][20]

The valuation can normalize by the stock price going down or by profits going up. Which will it be? Warehouse-style retail chain Costco Wholesale (COST 0.35%) is a stock that investors are willing to pay up for right now. Any stock's valuation -- how expensive or cheap it is -- can be measured relative to the size of its business. And Costco's is objectively high. One way to value a stock is by the profits from the business. This is called the price-to-earnings (P/E) ratio. Among the hundreds of companies i ...

Costco Wholesale Corporation (COST) continues to excel due to its strategic growth initiatives, effective pricing strategies and steady membership trends. These factors have propelled the company's performance, leading to impressive sales figures. Let's delve into the details of Costco's performance and understand why this retail giant remains a dominant force in the market. Sales Performance Overview In May, Costco reported an impressive increase in comparable sales, achieving 6.4% growth during the four- ...

文章核心观点 - 通用汽车正在利用好市多会员计划来推广其新款电动车型 [2][3][4] - 好市多会员人群特征与电动车买家群体高度重合 [21][22][23][24] - 好市多会员计划为通用汽车提供了一个有效的销售渠道 [6][7][8][9] - 通用汽车正在加强与好市多的合作关系 [4][20] 行业概况 - 汽车行业正在加大电动车型的推广力度 [5] - 电动车价格较传统燃油车型有较大溢价 [17][18] - 充电基础设施和消费者教育是影响电动车销量的关键因素 [17] 公司动态 - 通用汽车将好市多会员计划作为推广电动车的重要渠道 [3][4] - 通用汽车在美国和加拿大市场均与好市多开展合作 [20] - 好市多会员计划为通用汽车提供了优惠价格和专属优惠 [16] - 好市多会员计划为通用汽车带来了大量销量 [8][9]

Costco plans to stop selling books regularly at its wholesale clubs from January through August starting next year, the New York Times reported Thursday. Publishing executives told the outlet the retailer came to the decision, at least in part, because of the added cost for workers to stock the books, which are placed on tables for display, unlike other items that can simply be rolled out on pallets for customers to grab from. According to the outlet, the sources said Costco might still sell books on occasi ...

The dominant retailer reported another quarter of solid financial results. Once again, Costco (COST 0.83%) gave its shareholders reason to be optimistic. The massive warehouse store operator just reported revenue of $58.5 billion (up 9% year over year) and diluted earnings per share of $3.78 (up 29%) that easily beat Wall Street consensus analyst estimates. The business continue to hum along. But even though this is a top retail stock that has crushed it for investors historically, I think it's best to keep ...

Will more membership-fee revenue be a catalyst for the stock? Costco (COST 0.83%) recently reported strong fiscal third-quarter results and talked about a potential membership-fee increase down the road. The stock has been a strong performer, up over 60% in the past year. Let's take a closer look at the retailer's most recent earnings, the potential impact of a membership-fee increase, and whether now is a good time to buy the stock. Rising sales and potential membership-fee increases Costco's stellar fisca ...