Costco Acquires Large Retail Real Estate in Florida for New Store Development

Costco (NASDAQ: COST) acquired a 55-acre site in Fort Myers, Florida, for $55 million to support its new store growth strategy. The company continues expanding despite economic uncertainty and reported strong sales performance with adjusted comparable sales up 6.5% and total sales reaching $197.2 billion.

By Jeremy Bowman, The Motley Fool Thu, May 14, 2026 at 9:53 PM GMT+3 4 min read · Yahoo Finance · May 14, 2026, 18:53 UTC

Tickers: $COST $WMT

Topics: Costco Florida real estate retail growth store expansion

Read the full article at Yahoo Finance

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