Costco’s stores are so busy that no one goes there anymore, just kidding! Costco store traffic continues to be very strong, Costco’s balance sheet is in great shape and many expect a special dividend and membership fee hike shortly. In the meantime, Costco continues to open stores at a measured pace around the globe. Ernest and I profess our love for Costco and give our thesis why you should pay up for this great business.
Read Ernest’s other blogs about Costco, Costco’s true moat and Costco’s e-commerce opportunity.
Long Term Investing Podcast can also be found on Spotify & Apple.
