Will Costco Stock Soar After Its Membership Fee Hike? Here's What History Says.

The stock has taken one specific direction after the past three fee hikes.Costco (COST -0.15%) just answered investors' biggest question. With the warehouse giant's last fee increase in 2017, investors have been wondering when the next one would happen. After all, the company has traditionally hiked fees once every five years.Finally, earlier this month, Costco made the move, saying it would increase its standard and premium membership fees as of Sept. 1. An increase in fee income will add to Costco's reven ...