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Costco Raises Membership Fees for First Time in 7 Years
Investopedia· 2024-07-11 08:08
文章核心观点 - 公司将首次在7年内提高会员费,预计将为公司带来收入增长[1][2][3] - 公司"金卡"和商业会员费在美国和加拿大将上涨5美元至65美元,高级会员费将上涨10美元至130美元[2][4] - 新的会员费将于9月1日生效,预计将影响约5200万会员[4] - 公司6月份销售额同比增长7.4%至244.8亿美元[8] 根据相关目录分别进行总结 会员费调整 - 公司将首次在7年内提高会员费,预计将为公司带来收入增长[1][2][3] - 公司"金卡"和商业会员费在美国和加拿大将上涨5美元至65美元,高级会员费将上涨10美元至130美元[2][4] - 新的会员费将于9月1日生效,预计将影响约5200万会员[4] - 公司表示此次调价将为公司提供更多空间来降低商品价格,为客户提供更大价值[6] 销售情况 - 公司6月份销售额同比增长7.4%至244.8亿美元[8] - 公司前44周的销售额同比增长6.9%至2105.5亿美元[8]
Costco to Raise Membership Fees for First Time in 7 Years
PYMNTS.com· 2024-07-11 07:23
Costco will raise its annual membership fees in the United States and Canada for the first time in seven years.Effective Sept. 1, in those countries, the retailer is adding $5 to the cost of its Gold Star (individual), Business and Business add-on memberships and adding $10 to the price of its Executive Memberships, Costco said in a Wednesday (July 10) press release.These changes will increase the price of those memberships from $60 to $65 and from $120 to $130, respectively, according to the release.“The f ...
Costco is raising its membership fee for the first time in 7 years
Business Insider· 2024-07-11 06:22
Costco said Wednesday that it's raising its annual membership fee.It's the first time that Costco has raised the fee since 2017.The retailer has hinted for months that a raise was in the future. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Priva ...
Costco Raising Membership Fees For First Time In 7 Years
Forbes· 2024-07-11 06:09
ToplineMaintaining or buying a membership for Costco will soon become more costly, as the bulk retailer announced Wednesday its membership fees will increase at the start of September, in its first price hike since 2017.The change goes into effect Sept. 1. (Photo by Toby Scott/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Key FactsCostco’s Gold Star Membership and Business Membership will jump from $60 to $65 per year in less than two months, while the Executive Membershi ...
Costco hikes membership fee for the first time since 2017
CNBC· 2024-07-11 04:33
You'll soon have to pay more if you want to shop at Costco.The membership-based warehouse club said Wednesday that it will increase its membership fee by $5 in the U.S. and Canada as of Sept. 1. That's an increase to $65 from $60 for annual memberships. Its higher-tier plan, called "Executive Membership," will increase to $130 a year from $120. Costco said the fee increases would affect around 52 million memberships, a little over half of which are executive memberships.Shares rose about 2% in extended trad ...
Costco Wholesale Corporation Reports June Sales Results and Announces Quarterly Cash Dividend and Plans for Membership Fee Increase
GlobeNewswire News Room· 2024-07-11 04:15
ISSAQUAH, Wash., July 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, 2024, an increase of 7.4 percent from $22.78 billion last year. Net sales for the first 44 weeks were $210.55 billion, an increase of 6.9 percent from $196.93 billion last year. Comparable sales were as follows:  5 Weeks 44 WeeksU.S.5.6% 4.4%Canada5.2% 7.3%Other International4.3% 8.5%   ...
Costco Wholesale Corporation Reports June Sales Results and Announces Quarterly Cash Dividend and Plans for Membership Fee Increase
Newsfilter· 2024-07-11 04:15
ISSAQUAH, Wash., July 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, 2024, an increase of 7.4 percent from $22.78 billion last year. Net sales for the first 44 weeks were $210.55 billion, an increase of 6.9 percent from $196.93 billion last year. Comparable sales were as follows: 5 Weeks 44 Weeks U.S. 5.6% 4.4% Canada 5.2% 7.3% Other International 4.3% 8 ...
Costco's hourly workers are getting a raise — read the CEO's memo
Business Insider· 2024-07-10 21:38
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCostco has long been one of the highest-paying employers in retail — a reputation on track to continue as h ...
3 Buffett-Type Stocks That Aren't in Berkshire's Portfolio
The Motley Fool· 2024-07-10 18:15
These stocks all have solid brands and an imposing moat -- hallmarks of a Warren Buffett investment.Warren Buffett doesn't own every stock he likes or that would fit with his investing strategy. There are simply too many stocks out there.Many investors, however, will still mimic the moves his company Berkshire Hathaway makes and buy the stocks Buffett buys. The problem is that if you're copying those moves, a stock's value might have changed drastically by then, which will affect your return.Instead, what i ...
Does the Secret to Costco's Success Make the Stock a No-Brainer Buy?
The Motley Fool· 2024-07-01 00:00
文章核心观点 - Costco是一家成功的零售企业,通过提供优质商品和低价格吸引了大量会员 [4][5] - Costco的会员制度是其成功的关键所在,会员费收入为公司带来了稳定和可预测的收入来源 [6][7][8][9] - Costco的规模优势使其能够与供应商进行有利的谈判,从而为消费者提供更低的价格 [10] 公司概况 - Costco是全球第三大零售商,通过提供优质商品和低价格在竞争激烈的零售行业脱颖而出 [4][5] - Costco的会员制度为公司带来了高毛利的经常性收入,会员续订率通常超过90%,体现了良好的客户满意度 [7][8][9] 财务表现 - Costco近年来收入和利润保持稳定增长,同店销售增长也保持在较高水平 [11] - 在通胀压力下,Costco仍能成为消费者的首选购物目的地 [11] 投资评估 - Costco目前股价估值较高,未来增长空间或将放缓,投资者需要耐心等待更合适的买入时机 [12][13][14]