Reported 11 months ago
Many retail businesses have slow growth, but Costco Wholesale (NASDAQ: COST) stands out with its consistent performance. Over the past decade, Costco's annual revenue has increased significantly, and its stock has surged by 634%. A $5,000 investment in Costco 10 years ago would be worth approximately $36,700 today. The company's unique business model, focused on offering value to its club members through subscription-based access, has fueled its growth and positioned it well for the future, despite a competitive market.
Source: YAHOO