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Costco might not be your intended example. It has amazing revenue growth:

https://www.macrotrends.net/stocks/charts/COST/costco/revenu...

While simultaneously growing profit margin:

https://www.macrotrends.net/stocks/charts/COST/costco/profit...

Hence growing annual net income from $2.3B to $8B in the last 10 years.

I imagine the GP was referring to the fact that Costco experiences that kind of growth while giving their employees excellent pay and benefits. Even low-level store employees typically make $20-30 an hour.

Correct

If only we had more of this. Why is it so rare?

Do they have a benevolent dictator? Is this a temporary glitch that will be "corrected" when profits aren't looking as good? Are they a monopoly?

I'm genuinely curious.

It’s because they don’t sell everything, and the things they do sell, they sell to the top 50%.

They also did have benevolent dictators who spent decades building up good will, but supposedly the new bosses as of a few years ago are not so benevolent anymore.

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