Costco Wholesale (NASDAQ:COST) Upping Members Fees

Costco Wholesale (NASDAQ:COST) has decided to raise its membership fees. Costco
Wholesale (NASDAQ:COST) Upping Members Fees Starting next month, Issaquah based
Costco Wholesale (NASDAQ:COST) is planning to increase its annual membership
fees by 10 per cent for 22 million members. Costco Wholesale (NASDAQ:COST) has
not raised its main fees since 2006. Sanford Bernstein analyst Colin Mc-Granahan
said, "Costco Wholesale (NASDAQ:COST) was very reluctant to take a membership
fee increase, which is essentially inflation of the membership fee, when their
core customer was already dealing with a lot of inflation." Costco Wholesale
(NASDAQ:COST) shares were at 79.2 at the end of the last days trading. Theres
been a -3.5% movement in the stock price over the past 3 months. Costco
Wholesale (NASDAQ:COST) Analyst Advice Consensus Opinion: Hold Mean
recommendation: 2.2 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.2 Zacks Rank:
7 out of 15 in the industry