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Costco Is Hitting the Right Chords This Year

Adrian Stevens
Costco Is Hitting the Right Chords This Year

Shares of Costco Wholesale (COST) rose 12.3% in the fiscal first half of 2018, reflecting the company’s impressive financial performance over the past several quarters. At a time when most of the company’s peers, including Walmart (WMT), Target (TGT), and Kroger (KR), are busy fighting the mighty Amazon (AMZN), Costco is sailing smoothly and generating industry-leading comps. The company has outperformed both Walmart and Target with its sales growth rate and has marked a double-digit increase in its top line in the past four quarters.