Costco Reports 13% September Sales Growth and High P/E Ratio
COST Costco Wholesale Corp
$959.44 +1.32%
View chart & analysis → - 1Costco recorded a 13% sales growth rate in September compared to the same period last year.
- 2Costco achieved an 11.2% increase in comparable store sales for September.
- 3Costco shares are currently trading at a price-to-earnings ratio of 46.
So what's the key point?
Costco's sales grew by 13% in September compared to last year. The metric used to see how expensive the current stock price is relative to earnings is at 46.
Source The Motley Fool +1 · View original ↗
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