Costco says it's seeing a shift in how much people eat at home vs. at restaurants
Costco(COST) Business Insider·2024-12-13 08:07
Costco said it's seeing a boost in meat and produce sales.Costco's finance chief said in the Q1 2025 earnings call that there was a shift toward "food at home."The retailer posted strong growth this quarter, with sales increasing 7.5% from the year before.Americans are swapping dinners out for nights in, Costco said in its 2025 first-quarter results.Advertisement "I would say that we are seeing what we think is a little bit of a shift from food away from home to food at home," Costco's finance chief, Gary ...