0.000322270981897989 0.000342841470104224 0.000205704882062503 0.00119994514536478 0.00200905101481064 0.00174410312671419 -0.000246845858475128 0.000116428963247323
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Stockreport

Costco CFO Advice: Don't Look For The “Last Penny” [Forbes]

Costco Wholesale Corporation (COST)  More Company Research Source: Forbes
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Grocery products are hit by “ shrinkflation ,” going down in size but not in price. Cruise lines, long known for their all-inclusive approach, charge for things like room service, previously free. Newly retired Costco CFO doesn't believe in chasing every last penny of profit. While companies have every right to charge what they want for their products and services, sometimes it makes sense to pass up an opportunity to charge the highest price the market will allow. Take Costco's iconic $1.50 hot dog and soda combo that hasn't changed price since 1985. Bumping the price to, say, $2.50, would likely add a little to the bottom line even if fewer combos were sold. But that change would likely annoy those customers who buy a combo every time they visit. It might change how they feel about the brand in some small way. Newly retired Costco CFO Richard Galanti thinks the hot dog combo price is safe for a while. In an interview with Bloomberg , Galanti comments, “I'm not trying to look [Read more]
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Stockreport

Costco CFO Advice: Don't Look For The “Last Penny” [Forbes]

Costco Wholesale Corporation  (COST) 
More Company Research Source: Forbes
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Grocery products are hit by “ shrinkflation ,” going down in size but not in price. Cruise lines, long known for their all-inclusive approach, charge for things like room service, previously free. Newly retired Costco CFO doesn't believe in chasing every last penny of profit. While companies have every right to charge what they want for their products and services, sometimes it makes sense to pass up an opportunity to charge the highest price the market will allow. Take Costco's iconic $1.50 hot dog and soda combo that hasn't changed price since 1985. Bumping the price to, say, $2.50, would likely add a little to the bottom line even if fewer combos were sold. But that change would likely annoy those customers who buy a combo every time they visit. It might change how they feel about the brand in some small way. Newly retired Costco CFO Richard Galanti thinks the hot dog combo price is safe for a while. In an interview with Bloomberg , Galanti comments, “I'm not trying to look [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS