No. of Recommendations: 17
Kirkland Signature is now central to Costco's (COST) earnings firepower, generating about $86 billion in annual sales to account for about one-third of the company’s total revenue. That revenue tally puts Kirkland's in the same ballpark as Lowe's (LOW) and Procter & Gamble (PG).
This statistic, assuming it’s accurate, is astonishing. That means Costco, with around 900 stores, pushes as much Kirkland merch by dollar (and more by volume) as P&G, which has products in over 100,000 pharmacies and another 60,000 grocery stores and 40,000 dollar type stores and whatever other spotty locations they might have (convenience stores, hotels, online, etc.)
That comparative is amazing.
