posted by mark
on Fri, 09/24/2021 - 11:28
Attached are the simplest fundamentals for Costco (COST) - Sales and Earnings per Share. Both are showing that COST is moving up significantly in their trends.
By just about every metric I look at for COST, they are improving significantly. This is the type of company I love to own.
- Return on equity is the highest that it has ever been at 27.9%
- COST decreased their debt to about 29%. While many companies are currently gorging themselves with debt to boost EPS, COST is keeping it reasonable and still doing well
- For several years, the year to year increase in stores has been decreasing which is creating scarcity. This year COST has begun increasing their year to year building of stores, judiciously, in the US, Japan and Canada.
COST has the "full package"! Another great earnings report for COST. Oh, yeah!
Be smart, be well-read, be aware and be successful.