With a market cap of $443.3 billion, Costco Wholesale Corporation (COST) engages in the operation of membership warehouses, offering branded and private-label products in a range of merchandise categories, warehouse ancillary, and other businesses. Headquartered in Issaquah, Washington, the company operates 897 warehouses around the globe.
Shares of Costco Wholesale have outperformed the broader market over the past 52 weeks. COST has soared 28.9% over this period, while the broader S&P 500 Index ($SPX) has gained 12.7%. Moreover, shares of COST are up 9% on a YTD basis, compared to SPX’s marginal return.
