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Stock impact report

Where Will Costco Stock Be in 3 Years? [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
industry, and the brand has long had a loyal customer base, made up of people who love the retailer's quality goods at low prices, the treasure-hunt nature of the shopping experience, and bargain prices on products like rotisserie chickens. As a business, Costco has found success with its membership model, as membership fees drive most of the company's profit. It's also been able to expand its store base at a time when many retailers are relying on e-commerce for growth, and Costco has also successfully incorporated e-commerce into its business model. Shares of the warehouse retailer are expensive, trading at a price-to-earnings ratio of 52, but that shows that it's earned a premium from investors. But where will the stock be in three years? Let's take a closer look at Costco's plans for growth. Despite weakening consumer sentiment and inflation, Costco is still delivering solid comparable-sales growth. In the fiscal second quarter, which ended in February, comparable sales ex Show less Read more
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