The Week Ahead: Wide-Moat Costco and Adobe Report
Narrow-moat Lululemon reports earnings this week, and the Fed's rate decision will be released.
Our analysts believe that Costco’s competitive advantages are durable even with intensifying competition in the retail space. Through the financial crisis, digitization of retail, and competitors like Amazon.com, Costco’s membership renewal rates in the United States and Canada have remained at roughly 90%.
Jess Liu does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.