Costco Says Membership Fee Increase a 'Matter of When, Not if'

By Parkev Tatevosian, CFA – Dec 14, 2022 at 6:30AM

NASDAQ: COST

Costco Wholesale

Market Cap

$315B

Today's Change

(-0.95%) -$6.75

Current Price

$704.50

Price as of April 19, 2024, 11:25 a.m. ET

Investors have been anticipating the increase, which could boost profits meaningfully.

Costco (COST -0.95%) management responded to investor questions regarding a membership fee increase, stating it's a matter of when, not if.

*Stock prices used were the afternoon prices of Dec. 10, 2022. The video was published on Dec. 13, 2022.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy.

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