Should You Buy Costco Stock Ahead of Earnings?

Warehouse club giant Costco Wholesale (NASDAQ: COST) is set to report fourth-quarter and fiscal 2021 yearly earnings on Sept. 23. The company is continuing the momentum that began at the pandemic's onset, growing year-over-year sales. That's despite tough comparisons from the year prior when consumers had fewer options for where they could spend their time and money.

Costco's philosophy of delivering exceptional value to customers is attracting new customers and keeping existing ones. That being said, Costco's strong operating performance and prospects are getting noticed. The stock price is up over 22% in 2021.

Let's look at why the market is adding Costco to its shopping cart and if you should buy the stock ahead of earnings.

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Source Fool.com