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Is This a Red Flag for Costco Stock? | The Motley Fool
2024-11-07 09:45:06| Spiritual Career Counseling
Costco just announced big news, again.Costco Wholesale (COST -0.77%) is a pretty straightforward retail stock. It doesn't come with the glitz and glamor of tech, and it's been a steady market-beating stock over its decades on the market. But the past few months have been a nonstop, action-packed story for the warehouse giant.The most recent announcement is that it's cracking down on non-members coming into the store. Let's see what's been happening at Costco and whether or not this is something to worry about.Keeping up With CostcoThere's been a lot going on at Costco. Here's a list of significant events for Costco over the past few months in chronological order:Craig Jelinek stepped down as CEO, and Ron Vachris took over.Costco issued a $15 special dividend.CFO Richard Galanti stepped down, and Gary Millerchip took over.Costco announced its highly anticipated fee hike.As of last week, the newest entry on this list is that Costco wrote on its website that it is installing card scanners...
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