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Should Costco Have Raised Its Annual Membership Fee by More Than $5?

TheMotleyFool

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Should Costco Have Raised Its Annual Membership Fee by More Than $5?: https://g.foolcdn.com/editorial/images/784461/cash-in-wallet-2023.jpg

Costco (NASDAQ: COST) recently announced a $5 annual price increase to its base membership level. This is the first time the warehouse giant has increased its membership cost since 2017. Given the recent effects of inflation, there's a solid argument to be made that Costco should have done more, and here's what longtime Fool.com contributor and Costco shareholder Risk Munarriz has to say about it.

*Stock prices used were the morning prices of July 23, 2024. The video was published on July 25, 2024.

Source Fool.com

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