Non-members will no longer be able to buy Costco's iconic $1.50 hot dog combo [CNBC]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: CNBC
That's because the wholesale retailer will soon be barring non-members from dining at a number of its food courts. Though shopping at Costco and enjoying the chain's deals and discounts has always required an annual membership, the food court has traditionally been open to the public. But in an interview with Axios earlier this month, outgoing chief financial officer Rich Galanti said that increased crowding at outdoor locations has forced the chain to reconsider its approach. “One of the challenges is that some of the food courts have gotten so busy, particularly if it's near some office buildings or construction sites,” he told the outlet. “We were getting member complaints.” The impacted food courts will begin requiring memberships on April 8, meaning that fans of the chicken bake, pizza and frozen yogurt will need to venture to the store's membership desk to sign up if they want to keep eating there. Costco offers two membership tiers: the basic $60 membership gets you ac
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COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website