Company Commentary on Costco7s Consistent Performance

about 1 month ago

SPEAKER_04

"Costco earnings are out next Thursday. Shares are up 180% over the last five years. Last quarter, the US and Canada renewal rate was 92.7% and worldwide rate came in at 90.2%. That is just consistent. It tells you why this is such a good business."

Speaker 04 highlights Costco (ticker COST) as a steady and fundamentally strong business with impressive membership renewal rates and consistent earnings growth. While the company may be considered a "boring" business, its resilient performance makes it attractive for long-term investors.

Related Stocks