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Costco to Increase Membership Fees

Started by Epoch-Times-Bot, Dec 12, 2022, 08:00 PM

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Epoch-Times-Bot

Dec 12, 2022, 08:00 PM
Costco to Increase Membership Fees

Costco plans to increase membership fees, possibly as early as next year, following the lead of its competitor Sam's Club.
Since March, the company's CFO Richard Galanti has mentioned the possibility of a fee increase to membership subscriptions in monthly earnings calls. In the latest call with investors Dec. 8, he said it was "a question of when, not if."
"We feel that we're in a very strong competitive position right now," Galanti said. "And if we have to wait a few months or several months, that's fine."
Galanti said he plans to be coy on when the fees will be raised....

Source: Costco to Increase Membership Fees

xenzol

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Aug 23, 2024, 02:06 PM
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