Costco doesn't care about making money on the things they sell, in general. Costco makes more money from membership fees [1] and this is basically their stated

Costco doesn't care about making money on the things they sell, in general. Costco makes more money from membership fees [1] and this is basically their stated business model. They try to sell everything at a small markup (just covering overhead) and the membership fees are basically profit. [1] https://www.fool.com/investing/2019/02/13/how-costco-actually-makes-money.aspx https://www.fool.com/investing/2019/02/13/how-costco-actuall... https://thehustle.co/costco-membership-economics https://thehustle.co/costco-membership-economics is a good read too.