No. of Recommendations: 0
Also I wish I had bought Costco years ago, though it's not anywhere on that list. Every year I wonder if it's too late, and don't buy
Cost has 850 locations. Target has 2,000, which is not a perfect metric, but closer than comparing to WalMart, which has gazillions. OTOH, Sam's only has 600, but that's not a focus of their business, I think.
Anyway, we have a Costco and 2 Sam's and they both exist nicely in our relatively small market.
There is lots of runway ahead, but (obviously) they remain vulnerable to the same kinds of macro trend of retail as anyone else, maybe a little less so since they're so well run.
(Not commenting on current valuation; haven't looked, don't need to. Had it for years.)