Costco's Solid Growth: A Patient Portfolio's Dream
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Costcos expansion continues with 924 global warehouses, up from 686, and memberships surging to 82.1 million from 44.6 million. E-commerce growth is yet to significantly impact earnings, projected at 12% this year and 9.6% annually thereafter. After a decade of exceptional returns, investors are shifting to more realistic expectations. Management plans for 28 new warehouses in fiscal 2026, indicating steady, not spectacular, progress for patient portfolios.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/17abee37a1e01625