Costco Answers the Question of Membership Fee Increases

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Costco Answers the Question of Membership Fee Increases
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Costco revealed its plans during this week's earnings call.

had any plans to do the same. And finally, the question was answered during the leading warehouse club's earnings call yesterday.

. Warehouse retailers like Costco offer members discounted prices on bulk items in exchange for an annual membership fee.Good deal, right? Absolutely, but only if the membership fees remain affordable. Luckily, Costco's Chief Financial Officer Richard Galanti assured shoppers and shareholders alike thatGalanti did add, however, a caveat—a price increase will likely happen at some point in the future."We still have that arrow in our quiver as we go forth," he said.

But Costco still seems to be holding steady with its current pricing. Surpassing most analysts' predictions, the retailer's total revenue increased 15% in the fourth quarter, reaching roughly $72.10 billion. Those numbers are a stark contrast to the Target Corporation's

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