Tag Archives: membership

[unable to retrieve full-text content]Costco Q2 earnings preview: Potential membership fee increase, inflation in focus  Yahoo Finance Source link

Amazon (AMZN) reported fourth quarter results on Thursday and announced it will raise its Prime membership fee to $139 per year from $119 in the U.S. The stock is soaring in after-hours. These are the top- and bottom-line results for Amazon’s fourth quarter. Earnings per share: $27.75 vs $3.77 expected Revenue: $137.4 Billion vs $137.82 Billion expected AWS net sales: $17.78 Billion vs $17.23 Billion expected This is the third time since the launch of Amazon Prime that the e-commerce giant… Source link

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… Source link

Costco (COST) may be about to put the burden on its members to pay for higher worker wages. The warehouse retailer could be “poised” to lift its membership fees within the next 18-months, Wells Fargo analysts said in a research note this week. Wells Fargo views any hike as an earnings catalyst, and lifted its rating on Costco shares to Overweight from Equal-weight ahead of that happening. “In addition to some sustainability of the COVID benefit, Costco is rapidly approaching its next… Source link

Here’s what you need to know about Google One. Sopa Images/Getty Images Google One, formerly known… Source link