Berkshire Hathaway (BRK-B, BRK-A) Vice Chairman Charlie Munger passed away on November 28 at the age of 99, leaving behind a strong legacy of leadership in the business world. Having joined the board of wholesale retailer Costco (COST) in 1997, Munger shared a close relationship with CEO Craig Jelinek, who praised Munger as a “legend." Yahoo Finance Retail Reporter Brooke DiPalma touches upon Munger's commitment and loyalty to investing in Costco, eventually leading to the store's growth and expansion into international markets. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
ISSAQUAH, Wash., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $20.14 billion for the retail month of November, the four weeks ended November 26, 2023, an increase of 5.1 percent from $19.17 billion last year. For the twelve weeks ended November 26, 2023, the Company reported net sales of $56.71 billion, an increase of 6.1 percent from $53.44 billion for the twelve weeks of fiscal year 2023 ended November 20,
The warehouse club giant has a host of products in store that make great Christmas gifts for under $30. Costco is selling a Kirkland brand women's fleece top for $16.99. It's a moisture-wicking top that's perfect for an intense workout, and it features reflective shoulder detailing so that whoever wears it is more visible during those early morning or evening runs.