Whether it's the free food samples, great deals, or easy checkout process, customers love Costco Wholesale (NASDAQ: COST). It has consistently growing revenue and membership numbers (including a high member retention rate), and despite its bare-bones warehouses, a trip to Costco makes for a great family outing. (Or is that just us?)
Shares of Costco stock have returned value to investors over time, but is it a millionaire maker? Let's find out.
Costco's platform is unique in several ways. First, it requires a paid membership. Joining costs $60 annually per household for the simplest membership and $120 for the premium card. For business members, additional cards cost $60 each.
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