Costco fans don't have to worry about the chain raising its membership fees, at least not yet.
CFO Richard Galanti said last week that it has been about 6 years since the last hike.
He said that's usually the amount of time between increases yet there are no plans to boost fees.
It typically raises membership fees about every five and a half to six years, but a top executive recently said the chain isn't planning to bump the fees — at least not yet anyway.
Costco recently checked in near the top of an annual survey of America's most trusted brands, second only to Patagonia.
Persons:
Richard Galanti, that's, —, didn't, Galanti, we've, Craig Jelinek
Organizations:
Costco, Service, Walmart, Target
Locations:
Patagonia