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Richard Galanti



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5Vote!

Costco posts profit growth as consumers become "more disciplined"

... we'll get off of this seesaw with gasoline and inflation craziness," said Chief Financial Officer Richard Galanti.Costco officials said they tried not to pass higher costs on to consumers, a decision that appears to have paid off."They didn't hike their prices, which led to positive traffic in stores. The volumes went up and made up for shrinking margins," said Aravindh Vanchesan,...

1Vote!
1Vote!

Higher sales boost Costco Wholesale 4Q results

... per share on revenue of $23.05 billion.Costco Executive Vice President and Chief Financial Officer Richard Galanti said the company's core business was doing "just fine" despite the challenge of juggling fluctuating gas prices and inflationary costs for the business.Costco said this sumjmer that it had been trying to hold off on passing along inflationary costs to consumers. Despite...

3Vote!

Higher sales boost Costco Wholesale 4Q results

... per share on revenue of $23.05 billion.Costco Executive Vice President and Chief Financial Officer Richard Galanti said the company's core business was doing "just fine" despite the challenge of juggling fluctuating gas prices and inflationary costs for the business.Costco said this sumjmer that it had been trying to hold off on passing along inflationary costs to consumers. Despite...

+Vote!

Costco fiscal fourth-quarter profit rises 7 percent as consumers seek low prices

... per share on revenue of $23.05 billion.Costco Executive Vice President and Chief Financial Officer Richard Galanti said the company's core business was doing "just fine" despite the challenge of juggling fluctuating gas prices and inflationary costs for the business.Costco said this sumjmer that it had been trying to hold off on passing along inflationary costs to consumers. Despite...