From September 1, the members-only chain will raise the price of its Gold Star membership to $65 from $60 and its premium Executive Membership to $130 from $120. This decision makes Costco’s valuation multiples more reasonable, and I am bullish on the stock, as I believe there is ...
"As is well known, Costco has increased its annual membership fee every five and a half years by $5 to $10," he wrote in a research note at the time, predicting that "the Gold Star fee" would eventually rise "to $65 from $60 while the Executive membership would move to $130 from...
So far, Costco has been very successful. The company boasts a membership renewal rate of 93% in the U.S. and Canada as well as 90% worldwide.5In 2022, its members paid $4.2 billion inmembership fees, up 9% from the year before. Company-wide net sales for the fiscal year 2022 were...
Costco is known for selling daily necessities in big packages, from toilet paper to coffee. But now it's edging into a category also viewed as essential by some investors and survivalists: gold. The discount retailer said this week it has started selling 1-ounce bars of gold, but that ...
Costco offerspersonal and business membership planswhich come with different perks. It currently costs $120 to be an executive member and $60 for a business or gold star membership. We have the basic plan and shop at Costco for everything from food to clothes to furniture and electronics. On...