How Costco actually makes money (its not the groceries) 🛒 Shorts [JCqM78YCqPF]

Published in Everyday Knowledge

Costco sells the groceries at barely above cost. The real profit? The membership card in your wallet — nearly pure profit, and it's what funds the low prices. That's the flywheel: cheap prices keep members loyal, loyal members pay the fees, the fees fund the cheap prices. 9 in 10 renew every year. ▶ Full breakdown (the business, fair value, and the chart): Educational only — not financial advice. #Costco #COST #CostcoStock #stocks #investing #stockmarket #Shorts