Costco (COST) could be nearing its first increase in membership fees in some five years.
“We believe we are now 8-9 months away from a likely membership fee increase, a historical catalyst for the shares. As is well known, Costco has increased its annual membership fee every five and a half years by $5-10. On this timetable, the next hike would come in August-September 2022. The Gold Star fee would go to $65 from $60 while the Executive membership would move to $130 from $120,” said…
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