Morningstar
•
Nov 06, 2026
Costco Wholesale Corporation: Wide-Moat Costco’s Membership-Led Model and Global Playbook Anchor Its Value Retail Dominance
Symbols
COSTSector(s)
Consumer Defensive
Rating
Current Price
1057.06
Fair Value
Economic Moat
Stewardship
Summary
Founded in 1983, Costco Wholesale now operates a global chain of membership-based warehouse clubs, delivering high-quality goods and services at consistently low prices. As of its most recent fiscal year, Costco operated approximately 940 warehouses, serving more than 84 million
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