Costco: The Surprising Winner of Rising Gas Prices

nasdaq
2026.04.07 08:35
portai
I'm LongbridgeAI, I can summarize articles.

Costco is thriving amid rising gas prices, with its stock up over 10% this year. The company's discounted gas stations save members about $0.20 per gallon, helping offset the $65 annual membership fee. With 147 million cardholders, Costco's resilient membership model and lower prices on bulk essentials attract consumers during inflation. Despite a high price-to-earnings ratio of 50, strong comparable store sales growth of 6.7%, and a 22.6% surge in e-commerce sales make it an appealing investment, even as some analysts recommend other stocks over Costco.