Richard Galanti

In a surprising move, Costco Wholesale Corporation (NASDAQ:COST) has made a successful venture into the gold market. According to a recent report by CNBC, the retail giant’s gold bars are selling out within hours of their availability. What Happened: CNBC reported on Tuesday that Costco has...

One of the largest subscription-based retailers could be raising prices for its members soon. Here’s what Costco Wholesale Corp (NASDAQ: COST) investors need to know.  What Happened: Costco reported second-quarter net sales of $50.9 billion, up 16.1% year-over-year. Total revenue of...

Costco Wholesale Corporation (NASDAQ: COST) CFO Richard Galanti said during the company's post-earnings conference call Thursday afternoon prices in stores will go up from tariffs but it's "hard to predict" the impact, Reuters reported. What Happened Ongoing U.S.-China trade...

Jim Cramer felt it appropriate to wear a Kirkland-branded tie on Friday. For those who aren't familiar, Kirkland is the private label brand of Costco Wholesale Corporation (NASDAQ: COST) and the company just reported a "mighty quarter." Before discussing Costco's earnings, he...

The way consumers buy groceries is changing. According to the 2014 Deloitte American Pantry Study, cross-channel shopping for groceries is becoming the norm. The definition of “grocery store” has evolved. That fact rings true when examining expansion plans among the top five...

Costco 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...