Costco Barely Profits From What You Buy! [tidYbk0f2TB]
Costco keeps almost no profit from the products on its shelves. The real money comes from one thing: the membership card. 📊 The numbers: - Merchandise profit margin: ~11% - Membership renewal rate: 92.7% - Executive members: 47.3% of members, driving 73.1% of total sales Source: Costco FY2026 investor filings / financial press analysis. This video is for educational purposes only and does not constitute financial advice. #Costco #BusinessModel #HowItWorks #Finance #Explained