NiceAsset t1_j6m69mf wrote
Hey bet y’all dumbasses didn’t know that Costco generally doesn’t make “shit” off their food and bev? Yeah, over 90% of costcos income is from MEMBERSHIPS; those eggs are basically at cost
MogamboKushhua468 OP t1_j6m8dvi wrote
90% of 5.8 Billion is from Membership = $5.2 Billion
$50 membership
Or Approx 114 Million membership?
Normally people shopping in Costco = Average family of 4
Total 114 x 4 = Approx 440 Million people dependent on Costco… US population is not 440. million
Your statement is not right
We had strong operating results in fiscal 2022. Net sales for the 52-week fiscal year totaled $222.7 billion, an increase of 16%, with a comparable sales increase of 14%. Net income for the 52-week fiscal year was $5.8 billion, or $13.14 per diluted share, an increase of 17%.Dec 7, 2022
NiceAsset t1_j6mujpq wrote
It is right; you are just looking at the surface (also, costs are like $60 and $120 for membership, not 50)
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