AAPLLoadingMSFTLoadingNVDALoadingGOOGLLoadingAMZNLoadingMETALoadingTSLALoadingAMDLoadingNFLXLoadingCOINLoadingPYPLLoadingSPYLoadingQQQLoadingIWMLoadingJPMLoadingVLoadingDISLoadingKOLoadingJNJLoadingNKELoadingXOMLoadingASMLLoading
FreeCOST3 min read

COST — the share-gain story

COST
Delayed

The thesis

Traffic data is inflecting ahead of the comp the Street modeled.

Share gains are quietly compounding while the category shrinks.

What I'm watching

  • COST same-store sales vs comp
  • traffic vs ticket mix
  • A clean move through the level I flag below

Positioning

Neutral / hedged on COST, 2-6 months horizon. Conviction: High. A weaker consumer would cap the upside; I trade the data, not hope.

Opinion, not investment advice. The author may or may not hold positions discussed.

Opinion. The author may or may not hold positions discussed. Not advice. Not a financial promotion approved under FSMA s.21. Quote data is delayed. Past performance is not a reliable indicator of future results.

Comments

1 comment
Sign in to comment.
Adam Bradfield·

Still one of the better write-ups on COST.