Costco Reports 800 Million Turnover in Spain Amid Expansion Plans

Costco has achieved a noteworthy turnover of 800 million euros in Spain, driven largely by its robust export activities. This financial milestone comes as the retailer gears up to open its sixth store in Malaga, a move that underscores its commitment to expanding its footprint in the region. Despite a slightly negative return on capital of -0.08, the sentiment surrounding Costco's operations in Spain remains stable, with an adjusted sentiment score of 33 indicating a neutral outlook among investors. However, the overall market sentiment is tinged with caution, reflected in a coverage score of 24, which suggests a prevailing sense of fear in the broader retail sector. As Costco continues to navigate these dynamics, its growth trajectory in Spain will be closely monitored by market participants.