Costco will raise its annual membership fees in the United States and Canada for the first time in seven years.Effective Sept. 1, in those countries, the retailer is adding $5 to the cost of its Gold Star (individual), Business and Business add-on memberships and adding $10 to the price of its Executive Memberships, Costco said in a Wednesday (July 10) press release.These changes will increase the price of those memberships from $60 to $65 and from $120 to $130, respectively, according to the release.“The f ...

Costco said Wednesday that it's raising its annual membership fee.It's the first time that Costco has raised the fee since 2017.The retailer has hinted for months that a raise was in the future. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Priva ...

ToplineMaintaining or buying a membership for Costco will soon become more costly, as the bulk retailer announced Wednesday its membership fees will increase at the start of September, in its first price hike since 2017.The change goes into effect Sept. 1. (Photo by Toby Scott/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Key FactsCostco’s Gold Star Membership and Business Membership will jump from $60 to $65 per year in less than two months, while the Executive Membershi ...

You'll soon have to pay more if you want to shop at Costco.The membership-based warehouse club said Wednesday that it will increase its membership fee by $5 in the U.S. and Canada as of Sept. 1. That's an increase to $65 from $60 for annual memberships. Its higher-tier plan, called "Executive Membership," will increase to $130 a year from $120. Costco said the fee increases would affect around 52 million memberships, a little over half of which are executive memberships.Shares rose about 2% in extended trad ...

ISSAQUAH, Wash., July 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, 2024, an increase of 7.4 percent from $22.78 billion last year. Net sales for the first 44 weeks were $210.55 billion, an increase of 6.9 percent from $196.93 billion last year. Comparable sales were as follows:  5 Weeks 44 WeeksU.S.5.6% 4.4%Canada5.2% 7.3%Other International4.3% 8.5%   ...

ISSAQUAH, Wash., July 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, 2024, an increase of 7.4 percent from $22.78 billion last year. Net sales for the first 44 weeks were $210.55 billion, an increase of 6.9 percent from $196.93 billion last year. Comparable sales were as follows: 5 Weeks 44 Weeks U.S. 5.6% 4.4% Canada 5.2% 7.3% Other International 4.3% 8 ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCostco has long been one of the highest-paying employers in retail — a reputation on track to continue as h ...

These stocks all have solid brands and an imposing moat -- hallmarks of a Warren Buffett investment.Warren Buffett doesn't own every stock he likes or that would fit with his investing strategy. There are simply too many stocks out there.Many investors, however, will still mimic the moves his company Berkshire Hathaway makes and buy the stocks Buffett buys. The problem is that if you're copying those moves, a stock's value might have changed drastically by then, which will affect your return.Instead, what i ...

Costco has been able to consistently grow its revenue and earnings over the years.Costco Wholesale (COST -0.07%) is not only a consumer favorite, but also a top choice among the investment community. Its shares have rocketed 222% higher in the past five years, an impressive gain that beats the Nasdaq Composite Index.This top retail enterprise can credit solid revenue and earnings growth for its shares rising so much. And management's focus on selling products at low prices is a key differentiator.But a clos ...

The popular retailer has a lot going for it, but the stock has become extremely expensive.The stock of Costco Wholesale (COST -0.07%) has had an incredible market-beating run over the past few decades. It's really a no-brainer buy, with all sorts of positive qualities, and it should have lots more room to grow. However, it's trading close to its highest valuation ever. Is now the worst time to buy?Why Costco stock is a no-brainer to ownCostco has a membership model that yields loyalty from shoppers who want ...