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Shares of Costco have risen nearly 16% so far this year, outpacing the approximately 14% gain of the S&P 500. "It rains on all of us during these tougher times, particularly with bigger ticket, discretionary items," Costco's chief financial officer, Richard Galanti, said on an earnings call in December. Its net sales rose year over year by about 2% to $52.6 billion, including the impact of inflation during the quarter that ended May 7. In the past two quarters, Costco has reported a heavier mix of sales coming from food as demand slows for pricier merchandise and popular pandemic categories like furniture and electronics. Yet even the clubs have felt pressured as consumers pull back because of inflation, or spend on experiences like travel and dining out instead.

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Its membership count has hit a record high. Walmart- owned Sam's Club has seen a similar lift in business. 5 days ago Updated Follow There are a couple of ways to earn credits on TextMe. Shoppers who turned to the clubs to help with pantry loading of toilet paper and hand sanitizer during the Covid pandemic are now going there for cheaper gas and bulk-sized food during a period of inflation. Membership-based warehouse clubs have attracted more customers and won more of their wallets over the past three years. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower

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