Tag: Membership

Costco: Same Membership Fee For More Than Six Years; It Is Time Now (NASDAQ:COST)

Nov 28, 2023

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by

ErtgminM00n77

in Finance

BING-JHEN HONG Costco (NASDAQ:COST) does not make very high profit margin directly from its merchandise; however, it generates close 60% of operating profits from membership fees. Member loyalty and growth are crucial for the company’s earnings growth. Costco hasn’t raised its membership fees since June 2017, and historically, Costco raises its membership fee every five…