Costco has been on a roll as the company had an outstanding month of September with net sales of $19.5 billion for the 5-week period ended October 3, 2021, up 15.8% year over year. The company saw a staggering 14.3% rise in comparable sales with increased consumer traffic as the average American has become far more comfortable shopping in-store today. This comes after a strong fourth quarter of fiscal 2021 where Costco reported an increase in net sales of 17.5% to $61.44 billion. The management ....
22 Oct 2021
Costco Wholesale Corporation - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/22
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Costco Wholesale Corporation - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/22
- Published:
22 Oct 2021 -
Author:
Ishan Majumdar -
Pages:
14
Costco has been on a roll as the company had an outstanding month of September with net sales of $19.5 billion for the 5-week period ended October 3, 2021, up 15.8% year over year. The company saw a staggering 14.3% rise in comparable sales with increased consumer traffic as the average American has become far more comfortable shopping in-store today. This comes after a strong fourth quarter of fiscal 2021 where Costco reported an increase in net sales of 17.5% to $61.44 billion. The management ....