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The Latest Breaking News from Richard Galanti

Costco sees more growth for its $31.9 billion real-estate empire and is expanding production of its famous inflation-busting hot dog combo

In 2025, Costco sold over 245 million hot dog combos, over 157 million rotisserie chickens, and “enough bath tissue to reach the moon and back over 200 times.”

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

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 500 companies turn to external talent for CFO roles

Fortune 500 companies turn to external talent for CFO roles

External hiring of finance chiefs hit a 10-year high in 2024, according to Crist Kolder Associates' annual report.

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How Costco is easily outdoing Target in this weird economy

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

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.

ostco stock falls despite strong sales, membership fee increase

Former CEO Craig Jelinek and ex-CFO Richard Galanti had previously held off on raising fees as customers dealt with high inflation.

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

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

Costco to crack down on its food court

Costco to crack down on its food court

Non-members will no longer be able to enjoy menu item discounts without purchasing a Costco membership

Sushi is coming to Costco

Sushi is coming to Costco

Costco CFO Richard Galanti said the big-box retailer has “two more planned to open in the very near future"

Costco sells $100m in gold bars in most recent quarter

Costco sells $100m in gold bars in most recent quarter

Retailer began selling bars of 24-karat gold online in September, with each release selling out ‘within a few hours’

The Guardian - US

2 Retail Stocks to Buy Today

2 Retail Stocks to Buy Today

With consumers tightening their belts, costs rising, and a theft problem in many cities, retailers are struggling. Except for two very attractive, POWR Ratings Buy-rated stocks: Costco (COST) and Home Depot (HD).

Costco, Leader In Gas Discounts, Has No Plans To Add EV Chargers

Costco, Leader In Gas Discounts, Has No Plans To Add EV Chargers

Costco has had much success with its gas business, giving members deep discounts. Its gas market share is growing, which means no EV chargers in the near term.

Despite Inflation, Costco Not Raising Hot Dog Prices Or Membership Fees

Despite Inflation, Costco Not Raising Hot Dog Prices Or Membership Fees

Leading warehouse retailer Costco Wholesale Corp (NASDAQ: COST) reported third-quarter financial results after market close Thursday. Along with the earnings report, the company also addressed two important questions on the minds of investors and customers.

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Costco CEO Says Membership Price Hikes Likely: What Investors Should Know

One of the largest subscription-based retailers could be raising prices for its members soon. Here’s what Costco Wholesale Corp (NASDAQ: COST) investors need to know.

20 Secrets to Shopping at Costco in 2025

Get the most out of your Costco membership by taking advantage of lesser-known perks and hidden deals.

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