Costco Earnings: Can the Retailer Keep Rolling as Analysts Speculate on Membership-Fee Hike?
September 25, 2023
When Costco reports its fiscal fourth-quarter results, analysts are closely watching how shoppers respond to high prices for essentials amid inflation. While higher prices have led consumers to seek discounts, Costco, known for offering a range of products from groceries to pharmacy services, remains an attractive option. UBS analyst Michael Lasser believes Costco’s executive membership, aimed at maximizing spending power, likely remained strong given ongoing economic strains on consumers, and he anticipates a potential membership fee increase next year as a potential catalyst for the retailer.
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