
No Half Measures: Costco Beats the Street
Alright listen up. News flash: Costco yes that warehouse where you can buy a lifetime supply of paper towels and questionable hot dogs just thumbed its nose at the economy. They beat Wall Street's expectations earning $4.28 per share when those pinheads predicted a measly $4.24. Revenue? Up to $63.21 billion. Seems like people still want to buy in bulk even when the sky is falling. What did I tell you? Respect the chemistry!
Comparable Sales? More Like Unstoppable Sales
8% increase in comparable sales? E commerce up nearly 16%? You see this is what happens when you know your product understand your customer and have a strategy. It's not just luck Jesse; it's applied knowledge. And in Costco's case it’s selling gas cheaper than the other guy. A simple yet elegant solution to keep people coming back for more. You want respect? You earn it!
Tariff Troubles? More Like Tariff Opportunities
Tariffs you say? Economic worries? Ha! That's the beauty of chaos. While Best Buy and E.l.f. Beauty are whining about raising prices Costco is sitting pretty. People are scared? They'll flock to the discounts like flies on honey. It's basic psychology people. And who’s the master of basic psychology? That's right. Say my name.
Kirkland Signature: A Brand You Can Trust (Maybe)
Smart move on Costco's part leaning into Kirkland Signature. Private label brands let you control the supply chain cut costs and stick it to the big corporations. It’s about staying ahead Jesse. Adapt improvise overcome. And maybe just maybe throw in a little chili powder for that extra kick.
Hold the Line: Pineapples Over Flowers?
I admire Costco's decision to eat the cost on pineapples and bananas. They understand their audience. Those are staples the things people can't live without. Flowers? Discretionary. It's about priorities people. Know what matters and protect it. And sometimes you have to make tough choices like raising prices on something a little more...expendable.
Yeah Mr. White! We Profit!
Up 10% this year while the S&P 500 is barely breaking a sweat. That's what I'm talking about! See Jesse? You don't need to cook meth to make a killing. You just need a warehouse full of bulk goods and a killer business strategy. But let’s be honest mine was a little more exciting…and profitable. This…is acceptable.
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