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Stock impact report

Costco's not-so secret weapon: How Kirkland Signature is driving growth and profits [MSNBC.com]

Colgate-Palmolive Company (CL) 
Last colgate-palmolive company earnings: 5/1 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.colgatepalmolive.com
Company Research Source: MSNBC.com
A weaker environment for consumer spending is playing right into one of Costco 's biggest strengths: Kirkland Signature. A string of recent consumer and industry data shows that adoption of private label products has been accelerating, including at Costco, where its store brand is becoming a larger part of its overall sales. That's great news for Costco investors because those Kirkland Signature products tend to carry a higher margin than other branded items — and Wall Street wants to see the company become more profitable to help boost earnings, without sacrificing its identity. "Costco, specifically, has been a leader in the private label arena with its Kirkland Signature brand," UBS analyst Michael Lasser told CNBC at the firm's consumer and retail conference in New York City earlier this month. "It's found newer and newer ways to design and create products under the Kirkland Signature brand, and the consumer has responded well to it," added Lasser, who has a buy rating on Costco s Show less Read more
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