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Costco CFO says changes in US consumer spending are similar to those felt during recessions of 2000 and 2008, point to possible recession; changes include buying cheaper meats, growth of company's own-brand Kirkland that is 'well above' previous levels
Published:
June 02, 2023
by CE Noticias Financieras (Latin America)
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BJ’s Wholesale Club to launch first club location in Tennessee on June 14 in La Vergne, expanding to its 19th state; company will now have a total of 238 US clubs
Published:
June 01, 2023
by BJ's Wholesale Club Holdings Inc.
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Costco's net sales for four weeks ended May 28 up 1.2% year-over-year to US$18.45B • total comp sales down 0.3% • US down 1.5% • Canada up 0.5% • Other International up 5.5% • E-commerce down 7.6%
Published:
June 01, 2023
by Costco Wholesale Corp.
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Costco is holding back on plans to hike up fees for its Gold Star members, even as inflation continues to depress consumer spending, impact sales; CFO says eventual raise will come at a time that will not meaningfully impact renewal rates or sign-ups
Published:
May 30, 2023
by Retail Dive
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Costco's fiscal Q3 net income attributable to company down to US$1.30B from US$1.35B last year • net sales up 1.9% to US$52.6B • total comp sales up 0.3% • US down 0.1% • Canada down 1.0% • Other International up 4.1% • E-commerce down 10.0%
Published:
May 26, 2023
by GlobeNewswire
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