Costco CFO says membership price hike is ‘a question of when, not if’

Costco’s $60 annual membership fee is going up sooner or later.

During the company’s earnings report last week, chief financial officer Richard Galanti said that while “there’s no rush” to raise prices, an eventual hike is “a question of when, not if.”

The Seattle-based wholesaler’s last price hike in June of 2017 saw it raise the price of its Standard Gold Star membership from $55 to $60, and increase the price of its Executive membership from $110 to $120.

https://www.cnbc.com/2022/12/13/costco-membership-prices-are-going-up.html