90% of 5.8 Billion is from Membership = $5.2 Billion

$50 membership

Or Approx 114 Million membership?

Normally people shopping in Costco = Average family of 4

Total 114 x 4 = Approx 440 Million people dependent on Costco… US population is not 440. million

Your statement is not right

We had strong operating results in fiscal 2022. Net sales for the 52-week fiscal year totaled $222.7 billion, an increase of 16%, with a comparable sales increase of 14%. Net income for the 52-week fiscal year was $5.8 billion, or $13.14 per diluted share, an increase of 17%.Dec 7, 2022

20+ years shopping at Costco, in last two years Organic Milk went from 5.99 to $12.99 which I think something is not right

There is no dozen egg

It is either 1.5 (18 eggs) or 5 dozen

Not sure which costco you are talking… Two - one gallon organic milk in box. Not cardboard… that’s is further rip off..

Bill shit..even tough COVID times Costco generated $5.8 Billion net profit…you mean to say all this from membership?

See below extract from costco

We had strong operating results in fiscal 2022. Net sales for the 52-week fiscal year totaled $222.7 billion, an increase of 16%, with a comparable sales increase of 14%. Net income for the 52-week fiscal year was $5.8 billion, or $13.14 per diluted share, an increase of 17%.Dec 7, 2022

100% agree, we will not see 2% inflation for next 5 years

Long time

>nted endlessly for so long they're currency lost 3x it's value in a year alone... More pain expected in 3rd world countries and economies with way less stability than the western world...

Look at Pakistan, Srilanka, African countries....already suffering

Fed did not got name as it is, they start with "F" which also means Fuck Investors for mistakes FED have done or doing. Do anything to achieve there goal of 2%, considering fact 4.5 Trillion dollars dump by Biden and 3.5 Trillion dump by Trump in market. 2% inflation under any circumstances is not achievable.

Also, they are not doing enough to fix supply chain, bringing liquidity down to control and impact business is not a great idea.

You cannot be richer/smarter than me, you are still working and at age of 40 I am retired.

Wait for few weeks before loading Hangseng down 500+ points

Correction happening

Lazy fish and chip

Jan will be bad due to holidays

Cisco/Texh result - disaster Approx 10-15% down from previous Qtr