Costco and Amazon, major subscription-based retailers, experience sustained revenue growth and resilience amid economic challenges.
Costco and Amazon, dominant in wholesale brick-and-mortar and e-commerce, respectively, rely on subscriptions to drive sales with strong long-term reliability. Both have enjoyed significant revenue and income growth over the past five years, with Costco's Q3 2024 e-commerce sales up 21%. Both companies, with millions of subscribers, have shown resilience in economic challenges, making them attractive investment options.
July 14, 2024
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