I have liked this for a bit. Figured I would put it up here for everyone to poke holes in. It had a very strong year last year, took a bit of a break earlier this year and ramped up again recently. Basically:
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Taking the Costco concept to the Carribean and Latin America.
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Have been running comps in the mid/high teens.
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Last quarter reported 18% membership growth.
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Starting to move into the Columbian market, which could double their existing store growth.
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You can actually buy Kirkland products in the stores, so Costco is the supplier. Seems like a natural strategic acquisition for Costco, should they want to expand more globally.