|
|
|
|
|
|
by dragonwriter
986 days ago
|
|
|
> Their total profits last year were $2.8B and their membership income was $1.5B. According to their 2022 annual report, their membership revenue for their reporting year (the 52 week period ending August 28, 2022) was $4.2B, and their net income for the same period was $5.9B, so neither your numbers nor the relationship between them seems to be correct, unless Costco committed massive securities fraud. https://investor.costco.com/financials/annual-reports-and-pr... |
|
|