Better Buy: Costco Wholesale vs. Nike

Both Costco Wholesale (NASDAQ: COST) and Nike (NYSE: NKE) are feeling the impacts of the COVID-19 pandemic. While Costco was able to keep almost all its stores open during the shutdown, Nike had to shift almost entirely to online-only. Now that cities, states, and countries are beginning to reopen their economies, Costco and Nike are adjusting to the change.

Costco was not immune to the impacts of the outbreak; the changes it made to stay open increased its expenses. Meanwhile, Nike is well on its way to reopening many of its stores. Both companies have faced significant volatility in the short term. Let's take a closer look at which one would make the better long-term investment. 

Image source: Getty Images.

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Source Fool.com