Benzinga
Published Nov 10, 2023 16:00
Updated Nov 10, 2023 17:10
Performance Comparison: Costco Wholesale And Competitors In Food & Staples Retailing Industry
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Costco Wholesale (NASDAQ:COST) against its key competitors in the Food & Staples Retailing industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
Costco Wholesale Background Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates 591 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.
Costco Wholesale Corp | 39.78 | 9.95 | 1.03 | 8.88% | $3.71 | $9.72 | 9.5% |
Walmart Inc | 31.52 | 5.55 | 0.70 | 10.39% | $14.27 | $39.78 | 5.74% |
Target Corp | 14.65 | 4.11 | 0.46 | 7.08% | $1.9 | $6.97 | -4.85% |
Dollar General Corp | 12.09 | 4.11 | 0.68 | 7.67% | $0.9 | $3.04 | 3.93% |
Dollar Tree Inc | 20.66 | 2.77 | 0.86 | 2.24% | $0.49 | $2.14 | 8.23% |
BJ's Wholesale Club Holdings Inc | 18.05 | 7.31 | 0.47 | 11.12% | $0.26 | $0.9 | -2.75% |
Sendas Distribuidora SA | 20.34 | 3.85 | 0.26 | 4.38% | $1.36 | $2.76 | 22.92% |
Pricesmart Inc | 18.75 | 1.79 | 0.46 | 1.38% | $0.05 | $0.19 | 9.48% |
Almacenes Exito SA | 410.91 | 0.69 | 0.21 | -0.1% | $306.87 | $1339.43 | 8.52% |
Average | 68.37 | 3.77 | 0.51 | 5.52% | $40.76 | $174.4 | 6.4% |
th, td { padding: 8px; text-align: left; }
th { background-color: #293a5a; color: #fff; text-align: left; }
tr:nth-child(even) { background-color: #f2f4f8; }
tr:hover { background-color: #e1e4ea; }
td:nth-child(3), td:nth-child(5) { text-align: left; }
.dividend-amount { font-weight: bold; color: #0d6efd; }
.dividend-frequency { font-size: 12px; color: #6c757d; } By closely examining Costco Wholesale, we can identify the following trends:
The debt-to-equity (D/E) ratio indicates the proportion of debt and equity used by a company to finance its assets and operations.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When comparing Costco Wholesale with its top 4 peers based on the Debt-to-Equity ratio, the following insights can be observed:
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Written By: Benzinga
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.