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Costco Sales Topped $250 Billion in Fiscal 2024. But Less Than 2% of Those Sales Are Key to Understanding the Entire Business.

By Yahoo! Finance   |   2 weeks ago
Costco Sales Topped $250 Billion in Fiscal 2024. But Less Than 2% of Those Sales Are Key to Understanding the Entire Business.

Costco Wholesale, with 900 stores worldwide, generated $254 billion in revenue in fiscal 2024. Despite low profit margins, its key to profitability lies in its membership fees. Operating income of $9.3 billion in 2024 was significantly supported by membership fee revenue.

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