MogamboKushhua468 OP t1_j6m8dvi wrote
Reply to comment by NiceAsset in Costco - Prices are 20% high. Organic Milk during shortage/COVID was raised to $9.99 per gallon and today it was 11.99 per gallon by MogamboKushhua468
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)
Viewing a single comment thread. View all comments