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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)
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.
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.
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
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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