Decide: Sell or Not-Costco
Q:If you own Costco stock is it worth it or will you be better off selling it Why we should keep Costco: Costco is doing well enough to open 30 stores worldwide in the past fiscal year and has even started building a new one near my house! Their net sales for the past quarter is were close to 77.5 billion, a 9.4 increase from last quarter Costco's net sales for the fiscal year were 237.71 billion, a increase of 6.2 percent from last year so Costco has been doing pretty well. Compared to Costco's main competitors(Target and Walmart) Costco is doing way better.This is because they have many advantage's such as the following: Costco has it's own brand called Kirkland Signature.Using this brand they are able to market items for a attractive and low price causing more people to flock toward it.Many groceries have their own private labels but what makes Costco more appealing is it's good ...