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All existing memberships will see the fee increase in their next renewal, starting with September 2024 renewals. How much is a Costco membership?
The retailer earned $4.6 billion in membership fees from nearly 128 million members in 2023, according to the company's 2023 Annual Report, and $1.12 billion in fees in the most recent quarter.
Costco has an extremely loyal customer base, The Street reported, with a 92.5% membership renewal rate in the U.S. The company does everything it can to protect this retention rate.
Costco has been performing well, raking in $52.60 billion in the third quarter of 2023, up 2% from $51.61 billion last year. But growth at the warehouse club giant has still slowed this fiscal ...
The price of Costco’s premium “Executive Membership” also went up, by $10 to $130 a year. However, those members will soon be able to earn a maximum of $1,250 in rewards annually versus ...
The company’s lowest membership, gold star, costs $60. Like the other memberships, it covers personal use and access to all Costco locations worldwide. How do I get a Costco membership for free?
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