Costco (NASDAQ:Charge) inventory has been a reliable all-star all through the 3 and a 50 % decades given that its IPO. It has acquired virtually 500% in the previous 10 decades and pays a developing dividend.

But as pandemic restrictions are easing in lots of regions, and Costco inventory trades around all-time highs, is it nevertheless a wager for upcoming expansion?

Image resource: Getty Photographs.

The special achievement proceeds

Costco, like most big supermarket chains, usually demonstrates solitary-digit quarterly revenue expansion. That adjusted in 2020 when the pandemic powered bigger gross sales as customers stocked up on necessities, and for the previous four quarters, sales have enhanced by double-digit percentages calendar year about 12 months. In actuality, its maximum enhance arrived in its most recent claimed quarter, the fiscal 3rd quarter ended Could 9, with a 22% sales increase calendar year about calendar year. That happened as the economic climate