Costco and Walmart are undoubtedly among the best retailers in the world. Both operate on a very similar business model, which is to offer goods at the lowest possible prices to consumers.
But which of them is the better stock to buy at current market prices? This is the question I want to answer in this video. Based on revenues over the past twelve months, Walmart's revenues are more than double those of Costco.
Walmart generated $736 billion in revenue over the past twelve months, while Costco generated $294 billion.
Let's delve into some of these moves in the reactions we're seeing toward Costco shares, with Mel Casey, portfolio manager at FBB Capital Partners, and Sharon Mathis, director of consumer research at LSCEG, joining us today.
The company exceeded expectations in both revenue and profit; even excluding customs duty refunds, performance was better than anticipated. Firstly, yes, the reaction today was good, with the company outperforming the market, although it is still significantly below the overall market performance since the beginning of the year.
Costco is scheduled to announce its quarterly financial results on September 24, 2026. This comes at a time when Costco's stock is suffering a decline.
For the first time in a long time, Costco shares have fallen by about 20% from their highest levels. Costco's stock was trading near $1,100 a few months ago, and is now trading below $900.
