Trader Joe's would also have to be profitable to grow as briskly as it has been over the years, with more than 600 U.S. grocery stores in 2025, including plans to add 21 new locations in 13 states in 2025. It was investing heavily to continue expanding, something it couldn't afford to do if it wasn't consistently profitable.
Alternatives to Trader Joe's
You can't buy Trader Joe's stock or shares of its parent company, Aldi Nord. However, you can still invest in the grocery and retail sector, which is driving its growth. Three top grocery and retail stocks to consider are:
Costco
Costco (COST -0.23%) operates membership warehouses and e-commerce sites that provide members with low prices on many products, including groceries and household items. Costco has more than 600 warehouses in the U.S. and more than 900 locations worldwide.
The company's net sales totaled $249.6 billion in its 2024 fiscal year, a 5% increase from the prior year. Meanwhile, Costco is tremendously profitable, producing $7.37 billion in net income for the year.