Costco Held Its IPO 40 Years Ago. Here's How Much $100 Invested Then Would Be Worth Today.
Ten shares bought at Costco's IPO would now pay 10 a share. In its first earnings report filed the following January, it announced sales of $134.5 million.The report was staggering for two reasons: first, because the fledgling retailer had almost tripled sales while turning profitable over the last year, and second, because the report only included the quarter up to Nov. 24.Forty years l ...