Valued at a market cap of $453.4 billion, Costco Wholesale Corporation (COST) is a retailer that operates an international chain of membership-only warehouses. The Issaquah, Washington-based company offers a curated selection of high-quality, brand-name, and private-label products at substantially lower prices than traditional retail outlets.
This discount retailer has underperformed the broader market over the past 52 weeks. Shares of COST have gained 3.4% over this time frame, while the broader S&P 500 Index ($SPX) has soared 26.6%. However, on a YTD basis, the stock is up 19.8%, outpacing SPX’s 8.1% rise.
