|Day's range||3.3500 - 3.3500|
While Wall Street always likes to see strong growth, right now the priority is on stability and profitability through what could be a weak period ahead for the economy. Procter & Gamble said in mid-January that organic sales rose 5% in the most recent quarter on top of big gains a year earlier. Likewise, Costco's same-store sales were up an impressive 7% in the quarter that ended in mid-February as shoppers look to stretch their shopping budgets.
Costco and Sam's Club may seem interchangeable, but one is actually quite different from the other.
There are certain perks Costco is known for, like its low prices, wide selection of inventory, fantastic food court deals, and free samples. Not only are those samples fun to consume, but Costco is extremely generous in that customers can take as many as they want. The typical Costco sample experience involves having a warehouse club employee hand over a tasty bite of food at the end of an aisle.