Costco CFO doubles down on membership price hike: ‘A question of when, not if’

While the price of your Costco membership isn’t going up yet, one executive has hinted at a future increase.

WASHINGTON — The cost of a Costco membership is going up sooner or later, according to a top company executive. 

On a call with investors following the company’s Q4 earning results, Costco’s Chief Financial Officer, Richard Galanti, said this week that the big box warehouse retailer was all but assured to raise prices for membership. 

“It’s a question of when, not if,” Galanti remarked. 

But he was more cagey about a timeline, or even if the change would happen in the 2023-2024 fiscal

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