Marjorie Taylor Greene disclosed a purchase of Costco Wholesale Corporation (NASDAQ:COST) shares, valued between $1,001 and $15,000.
Costco reported a 9% sales increase in September following a fee hike, with net sales reaching $24.62 billion.
The stock price for Costco is currently $909.10, reflecting a 2.10% increase today.
On October 4, 2024, Marjorie Taylor Greene made a purchase of Costco Wholesale Corporation shares, valued between $1,001 and $15,000. This transaction was disclosed on October 8, 2024. Costco, trading under the symbol COST on the NASDAQ, is a major player in the retail industry, known for its membership-only warehouse clubs. It competes with other retail giants like Walmart and Sam’s Club.
Costco recently reported a significant sales increase in September, with a 9% rise following a fee hike. The company announced net sales of $24.62 billion for the five-week period ending October 6, 2024, compared to $22.59 billion during the same period last year. This growth highlights Costco’s strong market position and ability to drive sales even with increased fees.
The stock price for Costco is currently $909.10, reflecting a 2.10% increase today, or $18.68. The stock has fluctuated between $887.87 and $910 during the trading day. Over the past year, Costco’s stock has seen a high of $923.83 and a low of $540.23, indicating significant volatility and growth potential.
Costco’s market capitalization is approximately $403.04 billion, showcasing its substantial size and influence in the retail sector. The company’s strong sales performance and stock price increase suggest positive investor sentiment and confidence in its business model. Today’s trading volume for Costco is 1,925,058 shares, indicating active investor interest.
The recent sales boost, as highlighted by MarketWatch, can be attributed to a particularly strong week in September. This demonstrates Costco’s ability to capitalize on strategic timing and market conditions, further solidifying its position as a leading retailer.
