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Gold bars are selling like hot cakes in Korea's convenience stores and vending machines [CNBC]

Costco Wholesale Corporation (COST)  More Company Research Source: CNBC
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
The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation (KOMSCO) to offer customers mini gold bars — and they're selling like hot cakes. A variety of finger-nail sized gold bars weighing between 0.1 gram and 1.87 gram have been up for sale at CU outlets since April. A 1.87 gram bar sells for 225,000 won ($165.76) and a 0.5 gram bar sells for 77,000 won. Priced at 113,000 won each, 1 gram bars were sold out within two days , according to local news reports. The bars come with congratulatory messages, birthday wishes and even designs for personality types. People in their 30s were most active in purchasing these gold bars, accounting for over 41% of the total sales since their launch, according to CU's commerce phone app Pocket CU. Those in their 40s make up 35.2% of the sales, followed by people in their 50s at 15.6%. People in their 20s accounted for 6.8% of all sales. Demand for bars and coins in Sout [Read more]
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Stockreport

Gold bars are selling like hot cakes in Korea's convenience stores and vending machines [CNBC]

Costco Wholesale Corporation  (COST) 
More Company Research Source: CNBC
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
The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corporation (KOMSCO) to offer customers mini gold bars — and they're selling like hot cakes. A variety of finger-nail sized gold bars weighing between 0.1 gram and 1.87 gram have been up for sale at CU outlets since April. A 1.87 gram bar sells for 225,000 won ($165.76) and a 0.5 gram bar sells for 77,000 won. Priced at 113,000 won each, 1 gram bars were sold out within two days , according to local news reports. The bars come with congratulatory messages, birthday wishes and even designs for personality types. People in their 30s were most active in purchasing these gold bars, accounting for over 41% of the total sales since their launch, according to CU's commerce phone app Pocket CU. Those in their 40s make up 35.2% of the sales, followed by people in their 50s at 15.6%. People in their 20s accounted for 6.8% of all sales. Demand for bars and coins in Sout [Read more]
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EVENT TIME:
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Price Change %
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%
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EVENT DAY
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LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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