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How Costco Outperformed Walmart and Target on Comps

Adrian Stevens
How Costco Outperformed Walmart and Target on Comps

Costco (COST) has posted impressive sales performance over the past several quarters and has outperformed both Walmart (WMT) and Target (TGT). During the recently concluded quarter, Costco’s comps (comparable store sales) in the US grew 7.7% (excluding the changes in fuel prices and currency movements). This is higher than Walmart’s 2.1% growth (excluding fuel) and Target’s 3.0% increase.