Costco Shares Some of Its Gas Price Secrets [TheStreet.com]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: TheStreet.com
Costco ( ) offers a very simple proposition to its members. You pay $60 for basic access or $120 for premium access (which comes with 2% cash back on most purchases up to $1,000 per year) in order to get access to the chain's warehouse "clubs." In exchange for that membership fee, members get very low prices. Basically, Costco offers no frills -- its stores aren't just called warehouses, they actually are warehouses -- and items are basically just stacked on pallets. There's a limited selection of items, but that's by design too. The chain works with its vendors to get the best prices possible and one way of doing that is limiting choice. It's cheaper for a partner to make a lot of one size of an item compared to making less of various sizes. Costco also puts relentless pressure on its vendors to squeeze out every penny of cost from each item. The chain places huge orders and that gives it immense buying power, which translates into the warehouse club being able to pass on those sav
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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