Better Buy: Costco vs. Coca Cola
Costco (NASDAQ: COST) and Coca-Cola (NYSE: KO) are both well-respected companies and are generally fixtures in American life. But they have fared quite differently during the coronavirus pandemic. Costco's sales are increasing, while Coca-Cola's sales are more worrisome, as its large on-the-go business has been compromised.
How do they measure up against each other as stocks? And does the pandemic impact their value? Let's take a deeper look.
Costco's model of bulk, discount sales continues to be popular with the American public. In the third quarter, which ended May 28, membership fees increased 5% year over year to $815 million. The quarter ended with 101.8 million members, which is more than half the adult population in the U.S., and the renewal rate was 91%. That's a lot of satisfied customers.
Source Fool.com
