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Experts estimate that Costco is earning US$100M to US$200M per month selling 1-ounce gold bars priced at US$2,000 online and at select stores, starting last year; bars sold online were 'typically gone within a few hours'

Costco Wholesale Corporation Reports March Sales Results and Announces an Increase in Its Quarterly Cash Dividend

Wells Fargo says Costco is making US$100M-US$200M/month by selling gold bars, calls addition of gold/silver a smart move to reinforce its value position; however, pricing at that level and shipping costs suggest it's 'a very low-profit business at best'

Woolworths supports Food and Grocery Code of Conduct becoming mandatory for all large retailers in Australia, including Amazon, Costco, Bunning, Chemist Warehouse; company emphasizes healthy supplier relationships, says code will support smaller suppliers

Gordon Haskett downgrades Costco to accumulate from buy with US$775 target, remaining positive on direction of Costco's business but notes near-term uncertainties such as rising gas prices, upcoming election, shorter holiday shopping season than 2023

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