Shares of Costco slipped after hours on Thursday, after the membership warehouse retailer reported a per-share profit and revenue figures that both missed Wall Street’s expectations.

Costco delivered strong quarterly revenue as shoppers turned to the wholesale club to deliver value in the face of high prices elsewhere.

Costco will be opening two new stores in Southern California this week and four more in other states next week, which will drive the wholesaler's plan to have over 900 locations worldwide. A new location opens Friday in Brentwood and another on Saturday in Highland.

The retailer posted a profit of $1.79 billion in the quarter ended Feb. 16, compared with $1.74 billion a year earlier.

Costco reports results on Thursday. Analysts say the firm's choice to stick with DEI efforts could sway different consumers in different ways.

Michael Reesby is a Costco fan — he loves the prices, selection and checkout efficiency of the bulk discount retailer. Reesby also loves the wide span of goods sold there, from apparel to groceries, and the sizes — being able to purchase larger-than-average packages of provisions and loading them into big baskets.

Basically, when you examine Costco's valuation you can only come away with one take -- the stock is historically expensive. Yes, it is a good company, but it probably isn't a good stock to buy right now.

Costco has expanded its gas station hours across the country. Members are hoping the new hours will reduce lines at the pump.

In addition to gold bars and coins, Costco offers a limited selection of precious metals online, including silver and platinum. You can buy the 2024 one-ounce PAMP American Buffalo silver round in sets of 20. Customer satisfaction is high, with 788 reviews giving the coins an average rating of 4.8 out of 5 stars.