3 Things to Expect from Costco in 2021
Costco (NASDAQ: COST) seems to find ways to succeed regardless of the selling environment. The world's second-biggest retailer strengthened its connection with members around the world in 2020 as spending habits swung dramatically between categories like consumer staples, home furnishings, and discretionary products.
A pandemic-fueled stampede toward digital shopping couldn't keep the chain from ringing in higher sales and traffic at its warehouses, or from generating over $5 billion in annual operating income.
That surge sets Costco up for a likely growth slowdown in 2021. But investors still should expect mostly good news from the warehouse giant in the year ahead. Here are three things investors can expect.
Source Fool.com