ISSAQUAH, Wash. (AP) — Costco bargain hunters are going to have to pay an additional $5 to $10 annually as the popular warehouse chain prepares to raise its membership fees for the first time in ...
Additionally, management has been clear about its plans to raise membership fees. On its conference calls in December 2023 and March of this year, Costco’s chief financial officer said the fee ...
The increase is the first time that Costco has raised its membership fee since 2017. The retailer first confirmed the fee hike in July. In May, Costco CFO Gary Millerchip said that a fee increase ...
"As consumers across income levels continue to prioritize value, Costco is benefiting from robust membership growth and is generating additional revenue from the recent membership fee increase ...
Membership fees brought in $4.8 billion in the previous fiscal year, which ended Sept. 1, 2024, and $1.5 billion for the previous three months, the company reported in September. The company said it ...
In September, Costco hiked its membership fees for the first time in seven years, which helped to contribute to the recent increase in profits. Its basic annual membership fee increased from $60 ...
On September 1, 2024, Costco raised its annual membership fees for the first time in years. The Gold Star membership increased from $60 to $65 per year, and the higher-tier Executive membership ...