Costco’s sales in fiscal 2024 reached $249.6 billion, with a significant 5.4% growth in same-store sales, highlighting its strong performance during the busy holiday season.
Most impressively, Costco's membership fees increased to $4.83 billion, indicating that the company's efficiency improvements are translating into higher profits from core food sales.
Despite Costco's impressive stock performance, it may be more beneficial for investors to consider ETFs like FSTA or VanEck Retail ETF, which provide diversified exposure.
The Fidelity MSCI Consumer Staples Index ETF distinguishes itself by offering the lowest-cost way to gain substantial exposure to Costco while being balanced against other key players.
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