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stock splitThe Motley Fool
•78% Informative
A stock split is a tool public companies have at their disposal that allows them to superficially adjust their share price and outstanding share count by the same factor.
A little over a dozen high-profile stock splits have been announced or completed in 2024 , all but one of which is a forward split.
Costco Wholesale is set to report its fiscal fourth-quarter operating results after the closing bell on Sept. 26 .
Costco 's recipe for success begins with the advantage it possesses from its sheer size.
Being able to purchase products in bulk helps to lower the per-unit cost of each item.
Costco is also a consumer staples stock.
The $ 65 and $ 130 annual fees Costco collects from its members is high margin and flows straight to its bottom line.
VR Score
76
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74
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31
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