Countdown to Costco: Gas station opens one month before much-anticipated retail warehouse
STUART — Costco Wholesale Corp. opened its members-only gas station here Tuesday, one month before opening its highly-anticipated retail store.
The gas station is the first finished piece of the 49-acre development at 3173 S. Kanner Highway, just south of Martin County High School. The 156,438-square-foot Costco Wholesale store is to open 8 a.m. April 25.
Workers waved signs along Kanner Highway Wednesday, beckoning drivers to sign up for memberships at a kiosk near the store entrance and to fill up their vehicles for the first time.
Drivers who already had Costco memberships said they were impressed with the gas prices and said they were eager to start shopping at a Costco store closer to home.
"It's quite a bit cheaper," said Jaimo Opila, of Stuart, after filling up his Ford Ranger XLT. He's had a Costco membership for more than 25 years, he said. "Not having to run to North Palm Beach is very, very convenient."
A gallon of regular gas cost $2.73 per gallon Wednesday at Costco, the cheapest price in Martin County, according to GasBuddy, a comparison-search website for gasoline.
"I just renewed my Costco membership at the end of last year, knowing that Costco was coming to Stuart," said Carla Williamson, of Stuart, adding she is excited to buy fresh produce and other goods in bulk. "I am thrilled, because it is going to help my family, in terms of cost of living. I have young children and food costs a lot."
More: Stuart Costco store to open April 25 as 49-acre Kanner Highway development nears completion
More: Stuart could get 'vast majority' of $206M-$400M economic benefit from Brightline station
The gas station is open to members only. It has 12 pumps and 24 fuel positions.
The station sold 500 gallons of gasoline on its opening day, according to Tony Sleugh, a Costco fuel operations manager. A Costco station typically sells 35,000 gallons of gas per day, he said, but the Stuart location is expected to ramp up to that volume once the adjoining store opens.
Jack Randall is TCPalm's economy and real estate reporter. You can reach him at jack.randall@tcpalm.com or 904-466-4755.
This article originally appeared on Treasure Coast Newspapers: Countdown to Costco: Gas station opens one month before retail store
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Popular sparkling water brand sold at Costco recalled due to possible contamination
A popular brand of sparkling water has issued a recall over possible contamination fears. On Monday, Coca-Cola sent a letter to Costco members announcing that they were voluntarily recalling Topo Chico Mineral Water due to the possible presence of Pseudomonas aeruginosa, a bacteria that occurs naturally in water sources, including mineral water. According to the letter sent to customers, the health risks of consuming mineral water with Pseudomonas are 'very low' in healthy individuals and will only cause 'minor health consequences' in people with 'weakened immune systems.' 'The safety and quality of the products we offer our consumers is our top priority,' the letter read. The recall specifically applies to bottles that were sold at select Costco warehouses in Texas and Louisiana from May 20 to May 29, 2025. The water bottles were sold in 18-packs and have the lot number 13A2541 printed on both the case's packaging and the neck of the individual bottles. Customers who have purchased the affected water bottles are urged to return them to their local Costco in exchange for a full refund. Any questions regarding the recall can be directed to Coca-Cola using the phone number 1-800-GET-COKE. The news of the recall comes a few days after an ongoing tomato recall had been elevated by the FDA after it found the contamination could lead to death. The initial voluntary recall of H&C Farms Label tomatoes was announced at the beginning of May when Williams Farms Repack LLC distributed the potentially contaminated tomatoes to wholesalers in South Carolina, North Carolina, and Georgia. Sold in different-sized packages, ranging from three-packs to 25-pound bags, the tomatoes were distributed between April 23 and 28, according to the FDA's notice. No illnesses were reported at the time. The New York Times reported that the FDA upgraded the recall last week to a Class I, described as 'a situation in which there is a reasonable probability that the use of, or exposure to, a violative product will cause serious adverse health consequences or death.' At this time, the FDA doesn't expect that customers will come into contact with fresh tomatoes from the contaminated batch. However, customers may have frozen the tomatoes for future consumption. Salmonella bacteria can survive for weeks in a wet environment like a freezer. Customers are urged to throw away any affected tomatoes immediately. The source of the contamination is not known.
Yahoo
3 hours ago
- Yahoo
Popular Water Recalled Over Bacterial Contamination Concerns
Mineral water sold at Costco was voluntarily recalled by Coca-Cola over contamination concerns. Affected bottles may be contaminated with bacteria called Pseudomonas. Below, find a list of impacted lots. Before you crack open a bubbly Topo Chico to beat the heat, check the bottle. Costco recently informed members that bulk cases of the mineral water sold in its warehouses in two states are being voluntarily recalled due to potential contamination with Pseudomonas, a group of bacteria commonly found in soil and water. Keep reading for all the recall details, including exactly which Topo Chico products are affected and what to do if you purchased them. The potentially contaminated Topo Chico Mineral Waters (item number 1439351) were sold in 18-packs of 16.9-ounce glass bottles in select Costco stores in Texas and Louisiana from May 20 to May 29, 2025, a notice to Costco customers said. Impacted product can be identified by the lot code 13A2541, which is printed on both the bottles' cardboard cases and their necks. The beverages were voluntarily recalled by Coca-Cola, their manufacturer. If you have recalled product, do not drink it. Pseudomonas poses a low health risk to people with strong immune systems. People most at risk for health consequences are those with low immunity and those who are hospitalized or use medical devices, according to the Centers for Disease Control and Prevention (CDC). Most types of the bacteria are highly resistant to antibiotics, and the most common type to cause infections among humans is Pseudomonas aeruginosa, the CDC says. Infections can occur throughout the body—in the blood, lungs, urinary tract, digestive tract, and more—depending on physical exposure, and symptoms vary depending on the infection location, but may include fever, pain, inflammation, discharge from the affected area, itchiness, discomfort, and more, according to the Cleveland Clinic. If you have a weakened immune system and become infected, you can grow sick very quickly. Otherwise, minor cases usually clear up within a few days with proper treatment. The notice from Costco told customers to return the recalled product to their local Costco for a full refund. If you have questions or concerns regarding the recall, you can direct them to Coca-Cola at 1-800-438-2653. 'The safety and quality of the products we offer our consumers is our top priority,' the statement from Costco reads. If you or someone in your household becomes ill after being exposed to a recalled product, contact a medical provider immediately. You Might Also Like Can Apple Cider Vinegar Lead to Weight Loss? Bobbi Brown Shares Her Top Face-Transforming Makeup Tips for Women Over 50
Yahoo
11 hours ago
- Yahoo
Where Will Costco Wholesale Stock Be in 5 Years?
Costco Wholesale is a fantastic business that continues to grow. Investors have steadily pushed its valuation higher since the pandemic years. What goes up may ultimately come down -- a seemingly unthinkable outcome for such a winning stock. 10 stocks we like better than Costco Wholesale › Maybe it's those famous $1.50 hot dog meals, but Costco Wholesale (NASDAQ: COST) continues to flex its muscles. The leading membership warehouse retailer reported impressive numbers in its most recent earnings report, highlighting the company's robust customer base at a time when consumers are pulling back at many other stores. The stock's long-term performance is legendary. Costco's shares have risen by over 600% in the past decade alone. The company was a favorite of the late Charlie Munger, who, alongside Warren Buffett, helped run Berkshire Hathaway for decades. I crunched the numbers to see whether the stock's future is as bright as its past. Here is where I think Costco Wholesale stock will be in five years. Costco Wholesale is a warehouse store, which sells items in bulk and other products not typically found at discount retailers, such as Walmart or Target. And people need a paid membership to shop there. The beauty of Costco's business model is that it sells its merchandise at razor-thin margins, while generating most of its profits from membership fees. Its secret sauce, though, is the brand power it has built. Costco has made its stores destinations for consumers, who sometimes go out of their way to visit their closest one for perks like discounted gas or the company's famous $1.50 hot dog meal. The branding works so well that it doesn't spend any money on marketing, an incredible fact, considering how competitive the retail space is. Chatter has picked up this year about a slowing economy, and some companies have sounded the alarm on consumer spending. Yet Costco's most recent quarter featured an impressive 8% increase in net sales (a 5.8% increase in comparable-store traffic) from the same period a year ago. Paid memberships, Costco's core earnings engine, rose by 6.8%. Costco Wholesale is genuinely a world-class business, so it makes total sense that the stock has performed so well over time. But when a stock price rises faster than the company's earnings grow, the valuation goes up. The stock traded at a price-to-earnings (P/E) ratio between 25 and 35 for several years leading up to the COVID-19 pandemic. But over the past five years, that has steadily risen to nearly 60 times earnings today. The stock's P/E ratio is now higher than it was immediately following the pandemic, when stimulus checks temporarily boosted consumer spending and growth expectations. Currently, analysts expect Costco to grow its earnings by 9% to 10% annually over the long term. Paying such a high valuation for just 9% to 10% annualized growth is probably not sustainable. It sets expectations so high that the stock could abruptly crumble at the first sign of trouble, or the stock could plateau until Costco's earnings grow and catch up to the valuation. I looked five years ahead to see what that might look like. Costco Wholesale has one quarter left in its fiscal 2025. Analysts believe its full-year earnings will come in around $18 per share. Suppose the company grows earnings at a 10% annualized rate from there. That's higher than what analysts currently estimate, but I'm trying to be generous to make a point. Doing the math, Costco's growth in earnings per share would look like: Fiscal year 2026: $19.80 Fiscal year 2027: $21.78 Fiscal year 2028: $23.96 Fiscal year 2029: $26.35 Fiscal year 2030: $28.99 By then, the stock price will depend on what the market values Costco Wholesale at. The stock routinely traded at a P/E of around 30 before the pandemic. If you apply that to Costco's hypothetical 2030 earnings, you'd get a share price of $870. Unfortunately, Costco Wholesale traded at $1,040 per share at the time of this writing. That's why I think the stock will be lower in five years. As great as the company is, there isn't nearly enough growth to justify such a high valuation, meaning there are potentially years of business growth already reflected in the share price today. Unfortunately, even the best companies can be lousy stocks if you overpay, so consider avoiding Costco until the price drops quite a bit. Before you buy stock in Costco Wholesale, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Costco Wholesale wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway, Costco Wholesale, Target, and Walmart. The Motley Fool has a disclosure policy. Where Will Costco Wholesale Stock Be in 5 Years? was originally published by The Motley Fool Sign in to access your portfolio