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28 More Reasons to Like Costco

The warehouse retailer is bulking up on new store locations.

By Demitri Kalogeropoulos – Mar 21, 2013 at 6:30PM EST

Costco (COST +1.28%) is on track to open 28 new warehouses this year. That's the quickest growth in store count for the company since 2007. Fool contributor Demitrios Kalogeropoulos discusses what this souped-up growth pace means for the company's future, and whether Costco is still a buy.

Editor's note: The audio levels in the above video are low. The Fool regrets the inconvenience.


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About the Author

Demitri Kalogeropoulos
Demitri Kalogeropoulos is a contributing Motley Fool consumer staples analyst covering retail, entertainment, and consumer electronics. Demitri previously served as a senior trade analyst at the U.S. Department of Commerce. He holds a bachelor’s degree in commerce from the University of Virginia and a master’s in international affairs from George Washington University.
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Stocks Mentioned

Costco Wholesale Stock Quote
Costco Wholesale
NASDAQ: COST
$999.89
(+1.28%)+$12.68

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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