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0 pointst-writescode4mo ago0 comments

And yet Costco still does just fine.

0 comments

lotsofpulp4mo ago

Costco might not be your intended example. It has amazing revenue growth:

https://www.macrotrends.net/stocks/charts/COST/costco/revenu...

While simultaneously growing profit margin:

https://www.macrotrends.net/stocks/charts/COST/costco/profit...

Hence growing annual net income from $2.3B to $8B in the last 10 years.

castwide4mo ago

I imagine the GP was referring to the fact that Costco experiences that kind of growth while giving their employees excellent pay and benefits. Even low-level store employees typically make $20-30 an hour.

Draiken4mo ago

If only we had more of this. Why is it so rare?

Do they have a benevolent dictator? Is this a temporary glitch that will be "corrected" when profits aren't looking as good? Are they a monopoly?

I'm genuinely curious.

1 more reply

t-writescodeOP4mo ago

Correct

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