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The good news is that many of Costco's imports that might be affected by the strike are non-food items, which gives the retailer more flexibility in how it manages these disruptions. Christmas ...
Costco has served Pepsi in the food court since 2013. The change was originally made due to Coca-Cola’s pricing threatening the cost of the long-standing $1.50 hot dog and drink combo.
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Costco ran pre-Black Friday sales in early November, trying to dodge a hit to sales in the first quarter ended Nov. 24 this year, from the late Thanksgiving weekend, which extended into December.
Costco's profits also soared as gross margin improved from 10.3% to 10.8%, and its membership fees, which essentially go straight to the bottom line, rose by 8% to $1.12 billion. As a result ...
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As of 10:51 a.m. ET Friday, the stock was down 1.5% after having fallen by as much as 3% earlier in the session. The parking lot outside a Costco store Image source: Costco.
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