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Costco Hits A Wall
COSTCostco(COST) 24/7 Wall Street·2024-03-09 13:21

Costco Hits A Wall jetcityimage / iStock Editorial via Getty Images Costco’s (NASDAQ: COST) revenue model is the envy of the retail industry. It charges consumers money to shop at its stores. “Members” spend as much as $120 yearly to go to Costco’s brick-and-mortar locations or shop at Costco.com. So, the retailer gets a steady line of recurring revenue, along with the amount people pay for goods and services. However, based on recent earnings, the model hit a wall.After it announced earnings, Costco’s st ...