Costco memberships will get more expensive, CFO says

(NEXSTAR) - Costco will follow the likes of Sam's Club, Amazon, and most streaming services in raising its membership fee, the company's chief financial officer confirmed last week.Ultimately, it's not a question of if the cost will rise, it's when.
During a recent earnings call, Costco CFO Richard Galanti repeatedly noted membership fees have, historically, risen roughly every five years. The last three price increases have happened five years and seven months apart.Costco CFO addresses future