The Costco Snowball

An Acceleration of "Scale Economies Shared"

This article originally started as a review of Costco’s FY21 financials, but that discussion can be sufficiently summarized in a few sentences: Costco’s results have been incredibly strong. As you can see below, revenues, EBIT, and diluted EPS have increased +11% p.a., +13% p.a., and +17% p.a., respectively, over the past five years - an improvement fro…