Costco makes 75% of its profits from membership sales. Costco (NASDAQ: COST) does not operate the way a traditional retailer does. Instead of making money by marking up goods, the warehouse club essentially breaks even on sales while making a profit from its membership fees.Even though the company had nearly $54.2 billion in retail sales for the 24 weeks ending Feb.
Comment on Here's Why Costco Could (and Should) Raise Its Membership Fees
newsfeedback@fool.com (Daniel B. Kline), The Motley Fool
Sat, 04/30/2016 - 5:45am
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