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Is Inflation Going To Force Costco To Raise The Price Of Its Famous Hot Dog?
Sunday, March 5, 2023 - 10:47am | 674Being able to get a hot dog and soda for the low price of $1.50 has become a staple for Costco Wholesale Corporation (NASDAQ: COST) stores. Is the membership warehouse club raising the price of the combo finally? What Happened: In May 2022, news circulated on Twitter that the...
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Costco CEO Highlights Consumer Strength Following 20% June Sales Jump: 'Things Aren't So Bad'
Monday, July 11, 2022 - 12:14pm | 541Costco Wholesale Corp (NASDAQ: COST) sales jumped 20% in June and CEO Craig Jelinek said he doesn't see any signs of a slowdown anytime soon. "We're a volume business. We're not a margin business and we drive a lot of sales. That's all we know, that's what we do,...
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Costco CEO Talks Special Dividend, Membership Fees In CNBC Interview
Wednesday, January 22, 2020 - 10:00am | 421Costco Wholesale Corporation (NASDAQ: COST) CEO Craig Jelinek told Jim Cramer in an interview aired Tuesday how the company is able to both offer consumers low prices and pay employees a higher than average wage. Low Prices Costco offers consumers "great prices" because of its unique...
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Top 10 Highest-Rated CEOs
Monday, March 24, 2014 - 5:14pm | 180A couple of mainstays, coupled with some not-so-everyday names. Glassdoor, a jobs and career community, has released its annual report of the highest-rated CEOs for 2014. The list is determined by employee feedback shared over the last year. Employees voluntarily and anonymously provided...
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Costco Latest Company to Announce Special Dividend Ahead of Fiscal Cliff
Wednesday, November 28, 2012 - 11:21am | 355Costco Wholesale Corporation (Nasdaq: COST) reported sales figures on Wednesday. The company posted net sales of $8.15 billion for the month of November, a nine percent increase compared to $7.51 billion in the same four-week period of 2011. In addition, the company's first quarter net sales for...
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UPDATE: ISI Comments On Costco's CEO Step Down
Thursday, September 1, 2011 - 9:19am | 117ISI released a research report on Costco (NASDAQ: COST) announcing CEO step down. In its report, ISI writes that, “Costco CEO and retail rock star Jim Sinegal announced that he is stepping down as CEO effective Jan 1, 2012. Jim's departure is not entirely unexpected given that he turns 76 next...