COST · Costco Wholesale Corp
AI read · Good for COST
The AI's read
The payout gives owners a large cash return, and the new buyback keeps another way to return cash in place through November 2030. Costco had already used $3.1 billion of its prior program. The trade-off is that cash could also support online shopping, rapid delivery, and advertising, areas Mizuho sees as needing work. Still, the article says Costco has plenty of cash and reports a strong start to its fiscal first quarter.