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How investors could benefit from Costco building its first standalone gas station [MSNBC.com]

Costco Wholesale Corporation (COST)  More Company Research Source: MSNBC.com
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Costco is taking a new step in an ancillary business that has traditionally been a way to drive in-store foot traffic to on-site warehouses and foster membership loyalty — cheap gasoline. The retailer is in the process of building its first standalone, members-only gas station in Mission Viejo, California — a roughly 17,000-square-foot facility with 40 pumps and multiple underground fuel tanks, according to city planning documents . Unlike traditional Costco locations, the site will offer fuel only, with no on-site warehouse. (There is one a few miles away .) The grand opening is set for late June, according to Cliff Jones, city planning and economic development manager. Costco has a second standalone gas station under construction in Honolulu, Hawaii, with completion there expected in 2027, according to the project's website . We reached out to Costco for comment on the initiative and did not hear back. For investors, the big question about these member-only gas stations is whether t [Read more]
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Stockreport

How investors could benefit from Costco building its first standalone gas station [MSNBC.com]

Costco Wholesale Corporation  (COST) 
More Company Research Source: MSNBC.com
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Costco is taking a new step in an ancillary business that has traditionally been a way to drive in-store foot traffic to on-site warehouses and foster membership loyalty — cheap gasoline. The retailer is in the process of building its first standalone, members-only gas station in Mission Viejo, California — a roughly 17,000-square-foot facility with 40 pumps and multiple underground fuel tanks, according to city planning documents . Unlike traditional Costco locations, the site will offer fuel only, with no on-site warehouse. (There is one a few miles away .) The grand opening is set for late June, according to Cliff Jones, city planning and economic development manager. Costco has a second standalone gas station under construction in Honolulu, Hawaii, with completion there expected in 2027, according to the project's website . We reached out to Costco for comment on the initiative and did not hear back. For investors, the big question about these member-only gas stations is whether t [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS