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Saturday, September 12, 2026

Costco, the Dallas Cowboys, and the art of valuing fan loyalty

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Costco wholesale storefront in Kaohsiung, Taiwan.

BING-JHEN HONG

UBS drew a comparison to NFL team valuations when analyzing how investors might consider justifying the premium valuations of Costco (COST), which has smashed the return of the broad stock market over the last 20 years.

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