Costco's membership economics remain best-in-class with 93%+ renewal rates and the 2024 fee increase flowing through to membership fee income. Treasure-hunt model and Kirkland private label drive sustainable comp growth. International expansion (Asia, Europe) provides multi-decade runway. The valuation is the constraint: premium multiple already prices in the durability premium. Operational excellence continues to compound but limited multiple expansion left.
Thesis reviewed May 29, 2026
Costco Wholesale Corporation is headquartered in United States, which is currently showing elevated risk signals.
🇺🇸United States82EXITView United States risk detail →🛍Consumer22NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| JD | JD.com Inc | 27 | +13% | ↑2% | EARLY |
| NIO | NIO Inc | 27 | -10% | ↑2% | AVOID |
| LI | Li Auto Inc | 27 | +7% | ↑2% | NEUTRAL |
| BTI | British American Tobacco PLC | 27 | +14% | ↑2% | EARLY |
| DEO | Diageo PLC | 27 | +8% | ↑2% | NEUTRAL |
| RACE | Ferrari NV | 27 | +17% | ↑2% | EARLY |
| TM | Toyota Motor Corporation | 27 | +12% | ↑2% | EARLY |
Investors who hold COST may also have indirect exposure through these country funds.
Costco membership renewal rate at 93%, fee increase fully absorbed
Costco comp sales +6% as middle-income traffic accelerates
Estimates · Yahoo Finance · Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Richard Dean Dr McCormickGA | Buy | $1k–$15k | Jul 30, 26 | ||
| Alan Armstrong | Buy | $1k–$15k | Mar 27, 26 | ||
| Dan NewhouseWA | Buy | $1k–$15k | Jul 10, 26 | ||
| Donald J. TrumpFL | R | Buy | $500k–$500k | Jan 12, 26 | -7.4% |
| Donald J. TrumpFL | R | Sell | $100k–$250k | Jan 6, 26 | -7.4% |
| Donald J. TrumpFL | R | Sell | $250k–$250k | Jan 23, 26 | -7.4% |
| Donald J. TrumpFL | R | Buy | $5.0M–$5.0M | Feb 10, 26 | -7.4% |
| Donald J. TrumpFL | R | Sell | $50k–$50k | Mar 11, 26 | -7.4% |
| Donald J. TrumpFL | R | Sell | Unknown amount | Mar 25, 26 | -7.4% |
| Gilbert CisnerosCA | D | Buy | $1k–$15k | Jan 30, 26 | -6.0% |
| Markwayne Mullin | Buy | $15k–$50k | Dec 29, 25 | -0.5% | |
| Gilbert CisnerosCA | D | Sell | $1k–$15k | Dec 24, 25 | +1.7% |
| John Boozman | Buy | $1k–$15k | Oct 9, 25 | +3.9% | |
| Shelley M Capito | Sell | $1k–$15k | Oct 17, 25 | +1.9% | |
| Marjorie Taylor Mrs GreeneGA | R | Buy | $1k–$15k | Nov 25, 24 | +0.3% |
| Marjorie Taylor Mrs GreeneGA | R | Buy | $1k–$15k | Oct 4, 24 | +8.4% |
| Jared MoskowitzFL | D | Buy | $1k–$15k | Dec 28, 23 | +9.5% |
| Jared MoskowitzFL | D | Buy | $1k–$15k | Jul 14, 23 | +9.5% |
| C. Scott FranklinFL | R | Sell | Unknown amount | Aug 6, 24 | +10.2% |
| C. Scott FranklinFL | R | Sell | $1k–$15k | Aug 1, 24 | +10.2% |
[House Hearing, 119 Congress] [From the U.S. Government Publishing Office] LOWERING THE COST OF HEALTHCARE: TECHNOLOGY'S ROLE IN DRIVING AFFORDABILITY ======================================================================= JOINT HEARING before the SUBCOMMITTEE ON ECONOMIC GROWTH, ENERGY POLICY, AND REGULATORY AFFAIRS and the …
[House Hearing, 119 Congress] [From the U.S. Government Publishing Office] MAIN STREET UNDER ATTACK: THE COST OF CRIME ON SMALL BUSINESSES ======================================================================= HEARING before the COMMITTEE ON SMALL BUSINESS UNITED STATES HOUSE OF REPRESENTATIVES …
[House Hearing, 119 Congress] [From the U.S. Government Publishing Office] CUTTING COSTS, ADDING VALUE: THE FUTURE OF FEDERAL PROPERTY ======================================================================= (119-31) HEARING BEFORE THE SUBCOMMITTEE ON ECONOMIC DEVELOPMENT, PUBLIC BUILDINGS, AND EME…
[House Hearing, 119 Congress] [From the U.S. Government Publishing Office] MAIN STREET UNDER ATTACK: THE COST OF CRIME ON SMALL BUSINESSES ======================================================================= HEARING before the COMMITTEE ON SMALL BUSINESS UNITED STATES HOUSE OF REPRESENTATIVES …
[House Hearing, 119 Congress] [From the U.S. Government Publishing Office] LOWERING THE COST OF HEALTHCARE: TECHNOLOGY'S ROLE IN DRIVING AFFORDABILITY ======================================================================= JOINT HEARING before the SUBCOMMITTEE ON ECONOMIC GROWTH, ENERGY POLICY, AND REGULATORY AFFAIRS and the …