Costco Sales Topped $250 Billion in Fiscal 2024. But Less Than 2% of Those Sales Are Key to Understanding the Entire Business.

Costco Wholesale (NASDAQ: COST) operates around 900 warehouse-style retail stores around the world. Its fiscal 2024 ended on Sept. 1. And during the fiscal year, it generated a whopping $254 billion in total revenue.This makes Costco one of the largest businesses on the entire planet. Just to put its revenue number into perspective, the company generated as much revenue as Procter & Gamble, Johnson & Johnson, Netflix, and The Coca-Cola Company combined. Really.Costco stocks and sells tons of products. In its sprawling stores, it sells a lot of food and apparel. But it's not limited to this. The company has an e-commerce platform as well. And it also sells everything from appliances to gift cards, gold bars, and more. Basically, if its customers want to buy it, Costco looks for a way to sell it.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool