Low Gas Prices Hurt Costco Sales

The video discusses Costco's financial performance, highlighting a stock estimate of a 3.5% fall. It covers Costco's revenue, sales trends, and expansion plans, noting challenges like the strong US dollar and falling gasoline prices. Despite these, Costco is expanding, focusing on new store openings, especially in regions like the South and Midwest. The video also details Costco's capital expenditures and membership growth, with concerns about potential spending slowdowns among executive members.

What factors are negatively impacting Costco's comparable sales growth?

• Rising gasoline prices and a weak US dollar

• Falling gasoline prices and a strong US dollar

• Increased competition and high inflation

• Decreased consumer spending and high interest rates

Where does Costco have the most market share?

• South

• Northeast

• Midwest

• West Coast

How many new stores does Costco plan to add each year?

• 10

• 15

• 20

• 25

What is the primary source of Costco's recurring revenue?

• Sales of gasoline

• Membership fees

• Online sales

• Real estate investments

What concern do investors have about Costco's executive members?

• They might demand lower fees

• They might cancel their memberships

• They might reduce their spending

• They might switch to competitors