Costco (COST): Can Its Membership Model Travel Further Overseas?

Costco Wholesale Corporation (NASDAQ:COST), featured among the 10 Best Stocks to Buy According to Billionaire Richard Chilton, operates 292 of its 939 warehouses outside the United States and Puerto Rico. Bulk discounts appeal to cost-conscious households. Overseas expansion creates value when those shoppers become regular customers who cover local operating costs and investment. Costco Wholesale Corporation (NASDAQ:COST) has an indicative forward P/E of 38x, against 46x trailing GAAP earnings. Consensus adjusted EPS approaches $25 for fiscal 2028, compared with fiscal 2026 reported EPS of $20.76. Growing warehouse sales and membership income support higher expected earnings. The forecast uses adjusted earnings; the historical result included a $0.