COST WILL MOON SOON

Costco will moon sometime in the next year. Inflation is driving people to buy in bulk. People fucking love Costco. Here’s the magic event, Costco hasn’t raised membership dues since June 2017. A quote from the CEO on recent earnings: Mr. Galanti once again deferred on when Costco planned to increase membership fees. He said that the last three increases over the last 15 years came out to an increase every five and a half years, with the last increase happening in June 2017. "I think the question will continue to be asked until we do or don't do something. But at the end of the day we certainly feel good about our member loyalty, our success getting members to move to executive membership...you guys will know when we tell you and at some point it will happen," says Mr. Galanti. 5.5 years is 2023 and I think they will raise membership rates around mid year. When they raise they will pop. Long dated calls should print. Creddit: https://www.reddit.com/user/MamothMamoth/ 

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COST WILL MOON SOON

bullish

Costco will moon sometime in the next year.

Inflation is driving people to buy in bulk. People fucking love Costco.

Here's the magic event, Costco hasn't raised membership dues since June 2017.

A quote from the CEO on recent earnings:

Mr. Galanti once again deferred on when Costco planned to increase membership fees. He said that the last three increases over the last 15 years came out to an increase every five and a half years, with the last increase happening in June 2017. "I think the question will continue to be asked until we do or don't do something. But at the end of the day we certainly feel good about our member loyalty, our success getting members to move to executive membership...you guys will know when we tell you and at some point it will happen," says Mr. Galanti.

5.5 years is 2023 and I think they will raise membership rates around mid year.

When they raise they will pop.

Long dated calls should print.

Creddit: https://www.reddit.com/user/MamothMamoth/

read-time
1 min
580.23
Target Price
8/ 10
Confidence
1-3 Years
Timeframe
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Earnings Release
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News
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SEC
Filing
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Sentiment
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