Costco faces boycott threats after defending controversial policy
The warehouse club has a major challenge on its hands that could drain its pockets.
Costco (COST) appears to be like to comprise ended 2024 on a definite present with shoppers because the warehouse club’s merchandise and provides went viral on TikTok nearly every week last yr.
The increased momentum translated to Costco not too long ago going through a indispensable enhance in gross sales and earnings. All around the first quarter of fiscal yr 2025, Costco's total income increased by roughly 7% yr-over-yr, while its procure gross sales spiked by about 7% when when compared with the identical period last yr.
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