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Costco beats earnings: a retail stock opportunity?

$Costco (COST.US)$ 's quarterly profit exceeded expectations, driven by growth in merchandise sales and membership fees.
1. Can the membership business model continue to drive Costco's growth?
2. How long can Costco maintain its competitive edge amid inflation?
$Costco (COST.US)$ 's quarterly profit exceeded expectations, driven by growth in merchandise sales and membership fees.
1. Can the membership business model continue to drive Costco's growth?
2. How long can Costco maintain its competitive edge amid inflation?
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