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Price Forecast:

Bullish Case: Costco's consistent membership growth and effective pricing strategies portend strong earnings in the upcoming quarters. With a current emphasis on optimizing in-store experiences and enhancing product offerings, it reinforces positive sentiment around sustained consumer demand.

Bearish Case: Economic uncertainties and rising costs could restrain consumer spending, impacting sales. Increased competition and potential store operational challenges might further affect Costco's margins, leading to slow growth and reduced investor confidence.

Potential Outcomes:

1. Continued growth through membership expansion (60%).

2. Economic downturn affecting discretionary spending (25%).

3. Recalls or negative PR impacting consumer trust (10%).

4. Market saturation causing stagnation (5%).

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August 22, 2024