Why Costco’s membership increase is a ‘positive’ for investors #shorts
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Costco hot dogs are gross… I would gladly pay a few more dollars for a healthy quality meal. I apologize to all people who find it attractive at $1.5 but I don’t eat cheap ass food just because. I will eat cheap ass food if it’s quality and healthy.
That “cheap ass” hot dog would cost you $5+ somewhere else. And you’d be raving over it.
It’s a loss leader.
It is pretty sticky. Slight increase may bring a huge value for the investors. The inflation can simply justify this increase.