Costco Expands DoorDash and Uber Delivery as Membership Growth Slows

M&A · PartnershipIndustry
โดย GuruFocus·US·Read original
Summary · why it matters

Costco Wholesale Corp. is widening its same-day delivery reach through DoorDash and Uber Eats as its membership growth slows. DoorDash is rolling out same-day delivery from Costco warehouses nationwide, just a day after Uber Eats expanded its own Costco service to 48 states. Costco had 82.9 million members as of June, yet membership growth was down 4% year-over-year, a concern because membership fees supply the company with high-margin recurring revenue and foster consumer loyalty. Costco's net sales for fiscal 2026 were $297.3 billion, up 10% from the prior year, but its stock is up only around 4% this year, compared with a gain of more than 10% for the S&P 500. The delivery partnerships could be especially crucial for younger consumers, a group Costco has struggled to attract and retain, and the next test is whether the expanded digital footprint can translate into faster membership growth.

Impact on stocks 3

Consumer Staples▲ · 1 stocks
Costco Wholesale Corp
COST
± MixedDemandrelevance

Costco expands same-day delivery via DoorDash and Uber Eats, a potential demand/loyalty driver, but membership growth slowed 4% YoY.

Consumer Discretionary▲ · 1 stocks
Robotics & Physical AI▲ · 1 stocks
Uber Technologies Inc
UBER
▲ PositiveDemandrelevance

Uber Eats expanded its Costco same-day delivery service to 48 states, broadening its delivery offering.

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