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