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The Latest Breaking News from Gary Millerchip

Costco’s Painful Move Shows the Cost of Relying on the Gulf, Especially as Walmart and Amazon Are Still Unaffected

Costco nearly doubled its motor oil price on a base-oil shortage, and its bulk model is why it moved before rivals did.

Barchart · Sep 17

Costco is now selling Australia’s most iconic snack in the US — and shoppers are stockpiling

‘They showed up in Michigan a while ago. Bought 5 cases,’ one Costco shopper said

The Independent UK · Jun 19

Costco Wholesale Q3 Earnings Call Highlights

Costco Wholesale (NASDAQ:COST) reported higher fiscal third-quarter earnings and sales as strong gasoline demand, continued membership growth and gains in digital sales supported results, executives said on the company’s earnings call. Gary Millerchip, Costco’s executive vice president and chief fi

MarketBeat · May 28

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Costco introduces new checkouts it claims could get customers through in just eight seconds

The new system mirrors busy drive-thrus like In-N-Out or Chick-fil-A, with early results showing faster lines and smoother traffic flow

The Independent UK · Mar 31

Costco sues Donald Trump adminstration for not ‘winning’ like he said he would

Costco is not the only company seeking a refund.

We Got This Covered · Dec 2, 2025

Costco May Make More Kirkland Signature Products To Offset Tariff Costs

Costco (NASDAQ:COST) may produce more items under its Kirkland Signature brand to offset tariff-induced costs, company officials said recently.

Benzinga · Nov 21, 2025

Costco executive promises the hot dog and drink combo will never cost more than $1.50—and here's why

The mythically low price of a hot-dog-and-soda combo hasn’t changed since 1985—and one former CEO says he received a death threat after wanting to hike it.

Fortune · Sep 26, 2025

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These 4 Costco Items Just Got Cheaper

On an earnings call, Costco CFO Gary Millerchip shared that the warehouse club had lowered prices on several items recently.

GOBankingRates · Sep 16, 2025

Costco takes a page from rival Sam's Club to speed up checkout in its warehouses with 'Scan & Pay'

Sam’s Club launched an early version of its Scan & Go technology in 2013.

Fortune · May 30, 2025

Costco shoppers furious after company ditches popular travel discount

‘This is disappointing, I also was pricing a trip earlier in the week!’ one commenter on Reddit wrote

The Independent UK · May 20, 2025

Costco adds new food court menu item — but customers say it looks ‘sad’ and ‘gross’

‘That looks sad,’ one commenter on Reddit wrote

The Independent UK · May 16, 2025

Costco Extends Fueling Hours At Gas Stations Nationwide Amid Changing Demand

Costco extends gas station hours nationwide to improve convenience for members amid shifting demand and competitive fuel pricing.

International Business Times · Mar 21, 2025

Sam's Club Dethrones Costco As America's Top Wholesale Club Due To High-Tech Checkout

Sam's Club dethroned Costco as America's top wholesale club due to its high-tech Scan & Go checkout, boosting customer satisfaction and online order fulfilment.

International Business Times UK · Feb 4, 2025

How Costco is easily outdoing Target in this weird economy

Costco is proving far more adept than Target in adjusting to the weird economy.

Fortune · Dec 17, 2024

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Fortune · Dec 13, 2024

Costco CFO warns Trump’s tariffs could mean widespread price hikes: ‘When it rains, it rains on everybody’

Gary Millerchip became the latest retail executive to admit costs will rise across retail should Trump carry out heavy taxes on imports.

Kiplinger · Sep 27, 2024

Why Costco Stock Is Still a Buy After a Q4 Revenue Miss

Costco stock is lower Friday after the membership warehouse firm reported a top-line miss in its fiscal fourth quarter, but Wall Street remains bullish.

Fortune · Jul 15, 2024

Costco's new CFO oversaw a fee hike—part of a strategy his predecessor followed for almost 40 years

The timing and size of a fee increase is one of the most important decisions made by a Costco CFO.

Fortune · Jul 11, 2024

Costco's membership fee hike is the new CFO's first big move—but it was all part of a master plan

The new CFO was a rare outsider to join Costco's C-suite.

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The Independent UK · Jun 10, 2024

New Costco exec warns that changes are coming in-store - but the $1.50 hot dog is safe

The new chief financial officer for Costco said he hopes to expand online shopping and delivery options

The Independent UK · Jun 1, 2024

Everyone’s buying gold bars from... Costco: Sale of precious metals drives up company’s e-commerce arm

Buyers flocking to pick up precious metals from company more known for giant tubs of mayonaise

Fortune · Jun 1, 2024

Costco CEO promises the hot dog and drink combo will never cost more than $1.50

The mythically low price of a hot-dog-and-soda combo hasn’t changed since 1985—and one former CEO says he received a death threat after suggesting a change

Kiplinger · May 31, 2024

Costco Stock Falls Despite Earnings Beat. Here's Why

Costco's earnings report showed strong demand for gold bars and silver coins. Here's what you need to know.

The Independent UK · May 31, 2024

Costco finance exec gets frank: ‘The $1.50 hot dog price is safe’

Despite all odds, the $1.50 hot dog deal at Costco has remained at $1.50 for nearly 40 years

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