Costco revealed during a recent earnings call that it has slashed the prices of numerous popular Kirkland Signature items, welcome news for Americans affected by inflation since 2021.  Chief Financial Officer Gary Millerchip said the price of KS Macadamia nuts has fallen from $18.99 to $13.99, Spanish Olive Oil 3-liter from $38.99 to $34.99, Standard Foil from $31.99 to $29.99, laundry packs from $19.99 to $18.99 and the Baguette 2-pack from $5.99 to $4.99.Millerchip said the price of Kirkland Signature Bon ...

Costco Wholesale Corporation (COST) reported its fourth-quarter fiscal 2024 results last week, sparking fresh debate among investors about the stock's future direction. As a dominant player in the retail sector, Costco has long been known for its stability and strong customer base, even in the face of broader economic headwinds. Now that its latest earnings are out, investors are contemplating whether to increase their stake or hold tight to their current investments.Breaking Down Costco's Performance: A Mi ...

Costco NASDAQ: COST has been a big winner so far this year. Consumer staples stocks have generally had a good year, with the Consumer Staples Select Sector SPDR Fund NYSEARCA: XLP providing a total return of 15%. However, that still lags the over 20% return of the S&P 500.Costco has particularly impressed. Its 33% total return this year surpasses its sector and the industry by a wide margin. So, what has been driving Costco’s recent success, and is there still room for this stock to run?Get Costco Wholesale ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in COST over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclai ...

Costco has reportedly jumped into selling a new precious metal. The warehouse retailer’s website has a 1-ounce PAMP Suisse Lady Fortuna Veriscan platinum bar listed as a product, Fortune reported Wednesday.It reportedly marks the latest precious metal that Costco has offered after gold bars and silver coins.  FOX Business reached out to Costco for comment about the platinum bars. COSTCO CEO SAYS 1 ITEM IS MORE IMPORTANT THAN EVERYTHING ELSE SOLD IN THE STOREThe product listing said the platinum bars have a ...

There's good reason to believe this warehouse retailer will still be thriving in 10 years.On a typical Friday evening in the 1990s, vast numbers of families in the U.S. paraded down to their local Blockbuster to pick up some weekend entertainment by renting a movie or a video game cartridge. The chain was a dominant force in its segment of the entertainment space. But as time went by, its management failed to react effectively to rising competition from companies offering first DVD rental by mail, and then ...

Costco is going platinum.The wholesale retailer — which has gotten a massive boost from peddling gold bars — announced Wednesday it will sell 1-ounce platinum bars on its website for $1,089.99 each.The company will also sell a 1-ounce Canada maple leaf platinum coin for the same price. 3 Costco announced on Wednesday it is selling 1-ounce platinum bars on its website for $1,089.99 each. CostcoThe bars and coins are available online only and cannot be delivered to Louisiana, Nevada or Puerto Rico, the comp ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Costco continues to chip away at the gold mine that is the precious metals market. The wholesaler is adding Swiss-made platinum bars to its selection.Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars and silver coins. The bars are only sold online, and cannot be delivered to Louisiana, Nevada or Puerto Rico, the company said. Interested buyers will also need a Costco membership, which costs between $65 or $130 a year.It's no surpr ...

It's already close. Costco Wholesale (COST -1.03%) continues to impress investors, and its stock keeps climbing. It did take a small step back after fiscal fourth-quarter earnings, but it's up 35% this year, outpacing the S&P 500. That means it also stepped back from trading above $900. But knowing Costco, it won't stay down for long. How quickly can the warehouse retailer's stock reach a four-digit price tag? Headwinds and tailwinds Costco operates a differentiated retail model that charges membership fees ...