Valued at a market capitalization of roughly $440 billion, Costco (COST) is among the largest retailers in the world. And that size hasn't kept the retail giant from delivering outstanding growth to long-term shareholders. In the last 10 years, Costco stock has returned close to 600%. If we zoom out further, cumulative returns for COST stock are much higher at 1,940% over the past two decades.
While the company delivered stellar results the first quarter of its fiscal 2025 (ended in November), it is wrestling with labor negotiations, which might hamper its performance in the near term. According to multiple reports, Costco declined roughly 98% of the Teamsters union's proposals, with the negotiation deadline expected to end on Jan. 31. The labor union has also raised concerns over specific practices, which include union communication restrictions.
