This Is the Best-Selling Product at Costco

This Is the Best-Selling Product at Costco

Every year, news outlets report with varying degrees of shocked glee on the best-selling product at Costco (NASDAQ: COST).

Even though the company does not break down its sales by individual products, a 2012 CNBC special on the chain noted that its biggest seller was something everybody needs -- toilet paper. That report has been cited over and over again. Partly that's because there's a little bit of humor to the idea that something everyone uses -- but rarely talks about -- accounted for $400 million in annual sales in the warehouse club's brand alone.

Now, in 2017, it's very likely that toilet paper remains Costco's best-selling product, but it's also easy to argue that it's not. The chain may sell hundreds of millions of dollars' worth of the much-needed bathroom product, but that pales in comparison to the $2.64 billion the company sold in memberships last year.

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Source: Fool.com