The wholesale giant Costco is now offering 1-ounce bars of 24-karat gold for sale online, and company executives say it has caused a consumer gold rush.
Costco Chief Financial Officer Richard Galanti addressed this cyber-era gold rush on the company’s fourth-quarter earnings call this week, saying that he had received enquiry calls himself.
“When we load them on the site, they’re typically gone within a few hours and we limit two per member,” Mr. Galanti said, according to a transcript from financial news
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
This is why Costco shares are down despite fourth-quarter beatCostco’s fourth-quarter results topped Wall Street’s estimates after market close Tuesday
Les mer »
Jim Cramer says Costco just reported a ‘beautiful quarter' and its stock is worth owningCNBC’s Jim Cramer on Wednesday touted the strength of Costco Wholesale’s (COST) business.
Les mer »
Analysts loved Costco's earnings report—Here's where they say the stock is headed nextWall Street's takeaways from Costco's fourth-quarter earnings.
Les mer »
Costco and Zions Bancorporation fall premarket; Rivian and Mattel rise By Investing.comCostco and Zions Bancorporation fall premarket; Rivian and Mattel rise
Les mer »
Stocks higher, Senate shutdown progress, Costco, Microsoft, MicronStocks higher, Senate shutdown progress, Costco, Microsoft, Micron
Les mer »
Costco tops quarterly earnings expectations, even as sales remain softCostco topped quarterly earnings and revenue expectations, even as sales trends at the membership club slowed.
Les mer »