Better Buy: Costco vs. Clorox
It's difficult not to fall in love with both of these consumer staples stocks.
Clorox (NYSE: CLX) is the name behind cleaning supplies nobody can seem to get enough of in the wake of the coronavirus contagion, with CEO Benno Dorer recently telling Yahoo! Finance that demand for some of its Clorox and Lysol-branded goods was up as much as 500% at times since the outbreak reached the United States in February.
Costco (NASDAQ: COST), meanwhile, sells Clorox and Lysol-branded goods along with most of the other consumables people were buying in droves as fear of the pandemic took hold. Costco reported a month ago that when not factoring in gasoline sales, March's sales were up an impressive 12.3% year over year, led by a whopping near-50% increase in e-commerce revenue for the month in question.
Source Fool.com
