Costco quietly limits customer purchases of a beloved product
The warehouse giant has made a significant change that may frustrate members.
Costco (COST) , the largest warehouse club in the U.S., has seen a surge in consumer demand over the past few months, despite its recent crackdown on membership card sharing and decision to hike membership prices last year.
In its latest earnings report, Costco revealed that its comparable sales in the U.S. increased by 8.3% year-over-year during the second quarter of fiscal year 2025. This contributed to it earning a net income of $1.7 billion, which is 2% higher than what it earned during the same quarter a year ago.
