THE U.S. ECONOMY IS COLLAPSING – Costco Just WARNED!

THE U.S. ECONOMY IS COLLAPSING – Costco Just WARNED! Costco's incomes report has actually sent ripples through Wall Street, exposing uncomfortable economic patterns. Despite a 4.2% income increase, same-store sales grew by just 1.7%, missing out on experts' 3.5% forecast, triggering a 5.8% stock drop in after-hours trading. The giant, with over 850 worldwide places and a 93% subscription renewal rate, is witnessing a shift in . Buyers are focusing on essentials, with a 6.8% decline in big-ticket products like electronics and a 4.3% rise in needs. is eroding buying power, making customers increasingly value-conscious, even at Costco, known for competitive pricing and renowned offers like the $1.50 hot dog combo. Foot traffic fell 2.3%, the very first decline in 4 years, and executive membership renewals dropped to 90%. These shifts threaten Costco's design, reliant on subscription costs for 75% of running income. The more comprehensive sector mirrors this distress, with closing 45 shops and Finest Buy laying off 3,500 employees. Layoffs at Intel (15,000 jobs) and Goldman Sachs (3,200) signal a deepening decline. Customer confidence has actually plummeted, with the Index taping its largest month-to-month drop given that August 2021. Relentless inflation, defying the Federal Reserve's 2% target, fuels economic unpredictability. A Morgan Stanley survey reveals 68% of Americans plan to cut discretionary spending. Costco's struggles highlight a cautious consumer base, a leading indication of financial difficulty. People are advised to reduce debt, diversify investments, and think about inflation hedges like precious metals. As retail and business layoffs mount, getting ready for a prolonged slump is critical.

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Comments

40 responses to “THE U.S. ECONOMY IS COLLAPSING – Costco Just WARNED!”

  1. @rubyannr6898 Avatar
    @rubyannr6898

    Costco is where the Target shoppers went. If they are stumbling, we are in trouble.

    1. @georgeh9967 Avatar
      @georgeh9967

      you are in trouble.

  2. @georgeh9967 Avatar
    @georgeh9967

    dont they know about tarrifs. next week it takes a downturn.

  3. @lutztech Avatar
    @lutztech

    Trumpsession 2.0
    Vote for a clown, you get a circus. 😆

    1. @АлексейКанаев-р8х Avatar
      @АлексейКанаев-р8х

      He is making America great again!

    2. @rednihb Avatar
      @rednihb

      @@АлексейКанаев-р8хGreat at the wrong things

  4. @macabrecreation1067 Avatar
    @macabrecreation1067

    The whole world laughing at America right now 😂😂😂

    1. @Sal-h2l Avatar
      @Sal-h2l

      While those of us in the US that didn’t vote for this are near tears.

    2. @bluefox896 Avatar
      @bluefox896

      Well Sal.. that’s what all the non-Nazi Germain’s said before they were considered Nazi’s themselves.. something to think about eh

    3. @Bat_Boy Avatar
      @Bat_Boy

      Hush…orange genius is playing 3D chess. 😅

    4. @44ARISEandSHINE44 Avatar
      @44ARISEandSHINE44

      @@bluefox896 They won’t think about it, they will become what they fear.

    5. @Seticzech Avatar
      @Seticzech

      @@Sal-h2l I feel sorry for those who voted for Kamala. I have no sympathy for those who didn’t vote at all, they’re as much responsible as MAGA for this Trump’s mess.

  5. @hansouth2355 Avatar
    @hansouth2355

    i have no idea why people think costco is cheap

    1. @carolew994 Avatar
      @carolew994

      You have to know what you’re doing, and prices overall. Just like any store.

      We’ve been members for years, and mostly go there for cased canned goods (tomatoes, paste, beans), but have purchased other odds and ends now and again. Including our Cuisinart food processor (for half of retail).

      Last year a $1200 dog kennel was $400 at Costco. So there are deals. We don’t buy their meat, but some swear by it.

    2. @Beverley-v7e Avatar
      @Beverley-v7e

      Agree.
      Our supper markets are just as competitive. No fees and Kirkland is not a good brand either.
      Australia.

    3. @berniecelee5062 Avatar
      @berniecelee5062

      Not everything is cheaper than other retail stores. You have to know your prices of goods. The multiple units package ( not perishables ) can make sense. We are now empty nesters so I have reduced my visits to Costco. I keep my membership because I will buy bulk and share the staples with my children. One have to be disciplined.

    4. @edwardkent Avatar
      @edwardkent

      It’s not, it is just bulk buying. It is a strange concept that only works in the USA, where people buy 3 x more than they need because they think Nuclear War is going to break out any second. In Europe we just go to the baker and buy a loaf of bread every 2 days, it is that simple …..

    5. @SeattleSpursFan1882 Avatar
      @SeattleSpursFan1882

      That’s because “people” (I’m assuming you mean “members”) don’t equate Costco as being “cheap”. However, they (the members), through experience, recognize Costco provides “value” over any other store out there.

  6. @michaelholopainen2822 Avatar
    @michaelholopainen2822

    FFS, in Finland the largest daily goods chain offers 3% rewards without any annual fee.

  7. @PhantomOfManyTopics Avatar
    @PhantomOfManyTopics

    Tariffs raise prices…

  8. @TeslaRules1856 Avatar
    @TeslaRules1856

    On certain items Costco is unbeatable on price and quality, especially on sales. They also are an ethical decent company (for the USA). They are always busy. Target stores are empty by comparison.

  9. @BajaGirl111 Avatar
    @BajaGirl111

    If you are a remote worker /semi retired/retired and make at least 4 k a month, come n live in paradise. Baja California North- Mexico. Some 2.5 hours drive from the San Diego CA border or even closer. I have rentals from 650 usd per month to 1700. Mostly ocean view. You d be amazed how well you can live on even 2k a month. The 4 k qualify you for residency application. World is crazy. Mexico is great!

    1. @rodrigoma1350 Avatar
      @rodrigoma1350

      It’s name is Baja California, not Baja ..damn gringos changing nthe name to other people’s homes.

  10. @lightgiver7311 Avatar
    @lightgiver7311

    Never signed up for Costco. I never understood having to pay to shop. I did the tour when they first opened in my City, great for families, not so much for a widowed Senior. I shop a lot at Dollar stores or keep an eye on my grocery store flyers for sales.

    1. @sct4040 Avatar
      @sct4040

      I love the delivery for TP, paper towels, etc. We don’t own a car.
      Also, the drugstore and pharmacy, optical and hearing center.

    2. @dinarboyo3658 Avatar
      @dinarboyo3658

      not my thing too but I guess membership brings stable income, allowing to operate on razor thin margins and bulk. If you’re alone it’s not really moneysaving but for families the 60$ membership is nothing compared to what you save if you come there regularly.

    3. @markstone8382 Avatar
      @markstone8382

      Yeah it wouldn’t make sense for you. Large packs of food likely going bad would offset any savings.

  11. @Millmiglia001 Avatar
    @Millmiglia001

    ‘When a Clown becomes King and he enters the Palace – the Palace IMMEDIATELY becomes a circus”.

    WELL DONE MAGA – 2017-2021 WASN’T BAD ENOUGH FOR YOU – SO YOU VOTED FOR A REPEAT RUN!!.

    1. @Chetifs1095 Avatar
      @Chetifs1095

      European realist here. I’m getting a bit fed up with everyone calling the Trump regime a ‘Circus’. This is an enormous insult to circuses. Think about it. Real circuses are in fact incredibly well run, operating smoothly from place to place within tight time frames, and having to pay enormous detail to safety measures. And need to look after and care for their animals, if they still have them. Circuses are in fact a model of good organisation and efficiency. I can’t imagine any real circus manager letting Trump anywhere near their circus!

  12. @yessirri686 Avatar
    @yessirri686

    Its time for Trump and his supporters to be humbled. I am American but I honestly think there are people in this country that need to learn a lesson. The RED states for sure 😂😂😂😂😂

    1. @BraddahDaIzLives Avatar
      @BraddahDaIzLives

      Sorry to give you the bad news but MAGA is prospering like never before, libs might protest Target but don’t you worry, rich republicans will buy up all the pride merch thank you much

    2. @user-qu2pg8fd3t Avatar
      @user-qu2pg8fd3t

      1851

  13. @peterkarlsson1825 Avatar
    @peterkarlsson1825

    Thanks to Donny Two-Dolls.

  14. @ryaninSartell Avatar
    @ryaninSartell

    When your billionaire president just learned the word GROCERIES last month because he has a driver to fetch his happy meals…

  15. @timanderson5981 Avatar
    @timanderson5981

    Get ready for empty shelves and long lines outside stores with people having nothing to buy.

  16. @johnnyfreedom3437 Avatar
    @johnnyfreedom3437

    We have a big family and have been doing all of our shopping at Costco since the other stores folded to Trump’s dictator demand! We just got a $400 reward voucher which we used on this months shopping order! What could you do with that kind of a bonus?!

  17. @tyliusc25 Avatar
    @tyliusc25

    Still 40% support Trump which is insane

  18. @arickett68 Avatar
    @arickett68

    Never shopped at Costco – I’m a senior living on my own so don’t need the large package items!

  19. @jimbox8762 Avatar
    @jimbox8762

    Consumers feel the economic downturn. Confidence is low.

  20. @jagwa95 Avatar
    @jagwa95

    The 4.2 revenue is the price increase since Covid open the need to feel the pain we all Costco customers have been complaining

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