Is Your Costco Membership About to Get More Expensive?

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[{"selector":"#anim-33e09685-d40b-49c6-bd1f-bd126930dab3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-757be1db-f88f-447a-b37c-78434edb330a","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d8a4d20-6916-4332-9c75-46feaf648b4c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.198943566091636%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Recent comments by Costco's CFO suggest a membership price increase may be looming. Recent comments by Costco's CFO suggest a membership price increase may be looming. Image Credit - Instagram

[{"selector":"#anim-c1c6232e-ae19-483e-8c7d-ad6424d0325a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(37.77559047700386%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6f172155-2e57-4775-b155-ceb65fd8b322","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aac7143f-4f65-405f-b3c3-1a13217aeb2c","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] CFO Richard Galanti stated, "It's a question of when, not if" regarding a possible price hike during the earnings call. CFO Richard Galanti stated, "It's a question of when, not if" regarding a possible price hike during the earnings call. Image Credit - Instagram

[{"selector":"#anim-0f66b649-0e0f-4178-a504-a40d639da45d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(35.937499914669296%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-82b6a516-1b9d-4e98-8d5e-a253bbdcfdbf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-72768602-8b3a-4adc-a8f9-57160473a07f","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The last time Costco raised membership dues was in June 2017, and hikes typically occur every five to six years. The last time Costco raised membership dues was in June 2017, and hikes typically occur every five to six years. Image Credit - Instagram

[{"selector":"#anim-a8f86c9e-cef1-4dd3-aa2b-b6c6fe868be9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.265120854059415%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-43aef2e5-0281-47eb-b706-f44d5e478924","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ec5ef49-bb68-4378-9fa2-bd5360faa19b","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Galanti mentioned that while an increase is inevitable, the timing isn't right yet, and plans remain uncertain. Galanti mentioned that while an increase is inevitable, the timing isn't right yet, and plans remain uncertain. Image Credit - Instagram

[{"selector":"#anim-780ab462-c539-42bd-9a54-f96151813d24 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2d992e21-a24b-4e5e-9756-9df37c5a2aac","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3562acc3-b071-4c6d-91c6-10b888002a26","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Currently, the Gold Star membership costs $60, while the Executive Membership is $120. Currently, the Gold Star membership costs $60, while the Executive Membership is $120. Image Credit - Instagram

[{"selector":"#anim-61701df3-4886-4162-92fb-5e54aa6cc47a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.198943566091636%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-15cf691e-6825-4a55-b069-b6b6bde48ab7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf2be6ad-53a0-42b0-8c0b-398140ded02b","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] In the last quarter, Costco generated approximately $1.5 billion in membership income. In the last quarter, Costco generated approximately $1.5 billion in membership income. Image Credit - Instagram

[{"selector":"#anim-2d8ded50-4d5f-47c1-9d61-1db434d02676 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(37.77559047700386%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6abed75d-5b19-4def-afab-98c9bae31749","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c3e2d020-f7d6-4df3-b113-ab7696ed1ad9","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The company has been cracking down on unauthorized card-sharing among shoppers recently. The company has been cracking down on unauthorized card-sharing among shoppers recently. Image Credit - Instagram

[{"selector":"#anim-60309454-cd99-40c1-8225-baeb4dcceff9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90109877307159%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6159cd31-aa33-40b7-8940-911a67d41a25","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d8d71b6e-40e2-4956-ad21-4fa2a7a58760","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] While no official policy changes have been made, employees are more frequently checking membership ID photos. While no official policy changes have been made, employees are more frequently checking membership ID photos. Image Credit - Instagram

[{"selector":"#anim-5f3e5dec-8895-4f38-8e4d-b114a2fe848e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(35.937499914669296%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1b98887a-50ee-4b38-b922-a45a2cab0e9f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0c37f5b-78e2-4a30-8fe9-12da0c289f72","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Costco emphasized the importance of membership fees in keeping prices low for members. Costco emphasized the importance of membership fees in keeping prices low for members. Image Credit - Instagram

[{"selector":"#anim-f333df6c-ee1a-432e-a7a4-f6094be590e3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-90de5d47-884a-4574-b292-b8d5fed00c42","keyframes":{"transform":["translate3d(0px, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8dddec6d-b5d6-429c-b094-118ddeae7346 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.265120854059415%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] With over 127 million cardholders, Costco remains committed to enhancing member benefits and values. With over 127 million cardholders, Costco remains committed to enhancing member benefits and values. Image Credit - Instagram

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Is Your Costco Membership About to Get More Expensive?

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