Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) delivered a strong fiscal third quarter performance, with its value-focused strategy, membership growth and fuel business continuing to support sales momentum, according to Jefferies analysts. Jefferies wrote that the warehouse retailer posted double-digit sales growth, solid comparable sales and continued strength in memberships and digital operations.
Costco's value strategy, membership growth support outlook after strong quarter, says Jefferies
Source: Proactive Investors