Budd Bugatch - Raymond James & Associates

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Last quote by Budd Bugatch

Admittedly, even with the recent pullback, Costco still trades at a premium valuation to the overall market and its large retail peers. Nonetheless, its business model remains intact with healthy membership growth and strong renewal rates. While Amazon's agreement to buy Whole Foods, when consummated, will add a new dimension to the grocery business, it does not materially impact Costco's unique business model, and we would be buyers on COST's recent weakness.feedback
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Jun 26 2017 Costco
Budd Bugatch has most recently been quoted in an article called Costco investors are overreacting to Amazon's threat, analyst says. Budd Bugatch said, “In addition, the 'treasure hunt' aspect of a Costco shopping trip is unique to its business model and creates a very loyal customer following. Furthermore, there remains a long runway for Costco to drive top-line growth and further market share through new club openings in the United States and internationally.”. Budd Bugatch has been quoted a grand total of 3 times in 2 articles.
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