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Explain this story: Costco's Ancillary Businesses Expand Share-of-Wallet Opportunity
Costco's ancillary businesses, including gasoline, pharmacy, and travel, are significantly boosting member engagement and expanding the company's "share-of-wallet." These services, which saw strong growth in fiscal 2026, help drive member loyalty and contribute to the company's financial performance. Despite a higher valuation compared to competitors, Costco's sales and earnings are projected to grow, with its stock currently holding a Zacks Rank #3.
OtherThe Globe and MailSector and industry: Consumer StaplesDiscount StoresTell me moreShow less
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Costco's ancillary businesses, including gasoline, pharmacy, and travel, are significantly boosting member engagement and expanding the company's "share-of-wallet." These services, which saw strong growth in fiscal 2026, help drive member loyalty and contribute to the company's financial performance. Despite a higher valuation compared to competitors, Costco's sales and earnings are projected to grow, with its stock currently holding a Zacks Rank #3.
Article tone: Positive This describes the words the journalist used. It is not a prediction, and not advice.
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Published Oct 1, 2026, 11:37 ET · on this site +1h 39m