Costco Business Model (2026): How Membership Fees Power a $303.2B Retailer
In short Costco sells a limited range of goods at very low markups in 939 large warehouses and charges members an annual fee. In fiscal 2026 it made $303.2B of revenue, including $5.9B of membership fees, which equal about 51% of its $11.7B operating income. 84.1 million paid members renew at 92.3% in the U.S. […]
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