In the latest trading session, Costco (COST) closed at $530.92, marking a -0.51% move from the previous day.
Look, Sam's Club and Costco are both great. Sam's Club has just shy of 600 stores in the U.S., while Costco has 572. Sam's Club membership fees are $50 annually for Club members and $110 for Plus members.
Costco certainly hasn't been immune to inflation. Now Costco has the option to offset some of its higher costs by raising its membership fees -- something it hasn't done since mid-2017. On a recent earnings call, the warehouse club giant specifically said that it would not immediately be raising membership costs.