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Stockreport

Private Label Grocery Shoppers Came for Price, Stayed for Quality [Yahoo! Finance]

Costco Wholesale Corporation (COST)  More Company Research Source: Yahoo! Finance
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Private label grocery brands are gaining momentum as changing consumer perceptions and a widening customer base are fueling sales growth and market share gains. Once perceived as inferior to national brands, private label store brands reached an all-time high market share in dollar and unit sales during the first half of 2024 as quality perceptions have improved. Growing acceptance among younger and higher-income consumers is also propelling category growth. Higher food prices and the inflationary environment over the last two years prompted more consumers to try private label products, given their lower prices and association with value. However, recent research shows consumers are increasingly citing quality, taste and variety as key drivers influencing their repeat purchases. According to a new report from CoBank's Knowledge Exchange , grocery retailers are seizing on the growing popularity of private label products, which typically g [Read more]
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Stockreport

Private Label Grocery Shoppers Came for Price, Stayed for Quality [Yahoo! Finance]

Costco Wholesale Corporation  (COST) 
More Company Research Source: Yahoo! Finance
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Private label grocery brands are gaining momentum as changing consumer perceptions and a widening customer base are fueling sales growth and market share gains. Once perceived as inferior to national brands, private label store brands reached an all-time high market share in dollar and unit sales during the first half of 2024 as quality perceptions have improved. Growing acceptance among younger and higher-income consumers is also propelling category growth. Higher food prices and the inflationary environment over the last two years prompted more consumers to try private label products, given their lower prices and association with value. However, recent research shows consumers are increasingly citing quality, taste and variety as key drivers influencing their repeat purchases. According to a new report from CoBank's Knowledge Exchange , grocery retailers are seizing on the growing popularity of private label products, which typically g [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS