About
Information is our nourishment. Say hello to the data gods.
Meet Our Team
Consumers speak. We listen, analyze, and dig deep. You win!
Learn More
Solutions
Get targeted insights into industry trends with our quarterly sector reports, so you can predict the future and stay a step ahead.
Learn More
Receive alerts and reports to power your fund management. Partner with our team of analysts to take your research to the next level.
Learn More
Plug our consumer-demand-data directly into your client-facing software, tools, and platform or work with us to create custom, high-value content your customers will love.
Learn More
Testing our data is like jumping in a time machine to compare market gains and losses against reliable and annotated historical data.
Learn More
Track specific tickers, receive alerts, and watch sector-specific trends. Drill down on individual stocks and see where consumer sentiment aligned with gains and losses in trading.
Learn More
Who We Serve
LikeFolio is your real-time focus group keeping you connected to consumers and giving you a critical edge over your competition.
Learn More
LikeFolio is your research secret weapon to sniff out game-changing shifts in the market before they happen.
Learn More
LikeFolio is source of quantitative data based upon real consumer insights to power your investment engine.
Learn More
LikeFolio is your content pipeline positioning your tool as an indispensable resource to your customers.
Learn More
LikeFolio has partnered with Tradesmith to build Derby City Insights and bring our powerful insights engine to private investors.
Learn More

Costco Demand & Renewal Mentions Show Retention

March 4, 2021

Costco Demand & Renewal Mentions Show Retention

We've been officially Bullish on Costco for a month, and data continues to support this outlook.

Our February alert cited accelerating Purchase Intent growthconsumer happiness normalization (after Covid-demand struggles), and digital tailwinds like grocery delivery.

Costco releases monthly sales results, so the company has a knack for stealing our typical edge.

Yesterday it released January sales results highlighting exactly what we expected:

  • Sales increased across the board: +15.7% (accelerating vs. the 22 week growth rate of 14.7%).
  • eCommerce is booming: +105% YoY (vs. +78.9% in the 22 week period).

Heading into Earnings, one edge we DO have is related to retention. LikeFolio mentions of Costco Membership Renewal have increased +61% YoY.

Costco is also testing curbside grocery pickup...something we'll be closely tracking in 2021.

Related Posts

Can Costco’s (COST) eCommerce Strength Continue?

Can Costco’s (COST) eCommerce Strength Continue? Costco (COST) shares are […]

Read More
Are we Still Bullish on Costco (COST)?

Are we Still Bullish on Costco (COST)? Costco's store model […]

Read More
Costco Stock is Booming, and We aren’t Surprised ($COST)

Costco Stock is Booming, and We aren’t Surprised ($COST) Shares […]

Read More

Related Posts

KEEP YOUR COMPETITIVE EDGE

Get FREE insights in your inbox every week with the Daily Drop.

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

Partner Sites

©2022 LikeFolio. All Rights Reserved.
Privacy Policy
|
Terms of Use
LikeFolio userslaptop-phonepie-chartchart-barsselect