Costco Wholesale Corporation (CTO.DE) Stock Analysis & Winston Score
Costco Wholesale Corporation runs a chain of large warehouse stores where members pay an annual fee to shop for groceries, electronics, clothing, gas, and more at low prices. Its customers are everyday households and small businesses looking to buy in bulk and save money. Costco is one of the largest retailers in the world and owns the Kirkland Signature private label brand, which covers hundreds of products from coffee to clothing. Costco makes money in two ways: membership fees and product sales, though its thin margins (around 13% gross) show it keeps prices very low on purpose. It operates over 800 warehouses mostly in the United States, with locations also in Canada, the UK, Japan, South Korea, and Australia. Its main competitive advantage is the membership model, which creates loyal, repeat customers and steady fee income regardless of how much members spend — but slowing membership growth or a pullback in consumer spending are the key risks to watch.
Winston Score: 55/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Mixed (13/30)
- Growth: Strong (16/20)
- Cash Flow: Strong (7/10)
- Stability: Exceptional (10/10)
- Valuation: Mixed (4/10)
- Ownership: Weak (2/15)
Key Facts
Price: €810.60
Market Cap: €359.5B
Sector: Consumer Defensive
Industry: Discount Stores
Exchange: Frankfurt Stock Exchange


