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This was way too engaging. Has there ever been a more recent follow-up with updated numbers?
by fbdab103 3y ago
This was way too engaging. Has there ever been a more recent follow-up with updated numbers?
- lotsofpulp 3y agoI imagine it would be the same situation. I am not sure what the purpose of this presentation was anyway, Costco was never in any danger from Amazon. They are in two completely different markets. The cost of energy and labor to deliver big, heavy goods to an individual's house is obviously more than the cost for individuals to go to a giant store and get it themselves. If Amazon had opened a store like Costco selling bulk goods, then it might have made sense.
- MSD1976 3y agoCostco stock dropped 10% when AMZN bought Whole Foods: https://money.com/amazon-whole-foods-costco-wal-mart/ https://money.com/amazon-whole-foods-costco-wal-mart/
- deleted 3y ago[deleted]
- ProjectArcturis 3y agoCostco's profit was $2.7B when this was written. It was $6B over the last year.