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Costco’s Strong Quarterly Performance Reinforces Long-Term Growth Potential
Costco’s Strong Quarterly Performance Reinforces Long-Term Growth Potential
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BTCCSquare news:
Costco (COST 0.10%) delivered robust fiscal Q4 results, with same-store sales climbing 6.4% excluding fuel and currency effects. The retailer's value-driven model continues to resonate with inflation-weary consumers, driving operating income up 9.8% to $3.3 billion.
Membership loyalty remains a cornerstone of Costco's success, historically maintaining renewal rates above 90%. While the stock's premium valuation limits immediate buying power—$1,000 currently purchases just one share—the company's consistent execution supports dollar-cost averaging strategies for long-term investors.
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