Costco Members 'Consolidate' Shopping at Warehouse Club As They Seek Value
1. Costco sales rose 7% year-over-year in April, indicating solid growth. 2. Traffic in U.S. locations increased by 5%, reflecting customer loyalty. 3. Sales of food and sundries also increased significantly, boosting overall performance. 4. UBS analysts suggest value and newness drive customer shopping behavior. 5. Costco shares gained over 30% in the past year, suggesting strong market position.