Costco's Revenue from membership fees is a whooping $4.5B- All membership discounts inclusive, it enjoys 10.6% gross margin on commodity goods- membership fees constitute 72% of the company's profits!!- member renewal rate ~90%

Costco’s Revenue from membership fees is a whooping $4.5B
– All membership discounts inclusive, it enjoys 10.6% gross margin on commodity goods
– membership fees constitute 72% of the company’s profits!!
– member renewal rate ~90%

— Abhay 🇸🇬🇮🇳 (@Abhay08)
Mar 27, 2024

Life | Technology | Investing

Costco’s Revenue from membership fees is a whooping $4.5B- All membership discounts inclusive, it enjoys 10.6% gross margin on commodity goods- membership fees constitute 72% of the company’s profits!!- member renewal rate ~90%

Costco’s Revenue from membership fees is a whooping $4.5B- All membership discounts inclusive, it enjoys 10.6% gross margin on commodity goods- membership fees constitute 72% of the company’s profits!!- member renewal rate ~90%

Classic People Manager’s Dilemma – Effective Time Management & Delegation

Source;- 10K – https://t.co/oPS6bCKtxb- https://t.co/Yxr3VblLsP.