17.12.2024 00:00:00

Up More Than 200% in the Past 5 Years, Can Costco Continue Its Momentum in 2025?

Costco (NASDAQ: COST) is one of the best-performing large-cap retail stocks over the past five years. It continued to show why it's one of the top retailers when it once again reported strong results for its fiscal first quarter. The stock is now up more than 50% on the year and about 235% over the past five years, as of this writing.Let's take a closer look at the retailer's most recent results to see whether the momentum in the stock can continue.This was the first quarterly report since Costco implemented a membership fee hike that went into effect in September. The increase was its first membership fee bump in seven years. It took the membership fee from $60 a year to $65 a year, and the Executive Membership fee from $120 a year to $130 a year. Slightly more than half of Costco's members are in the higher tier, in which members get 2% back on most purchases, among other perks. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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