Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (704171)	3/14/2013 1:43:48 AM
From: tejek	1 Recommendation Read Replies (2) of 1576473

While Wal-Mart experienced February sales that were considered, “total disaster,” Costco’s earnings for the second quarter of the year climbed 39%. The New York Times reported, “Costco Wholesale’s net income for its second quarter climbed 39 percent as it pulled in more money from membership fees, sales improved and it recorded a large tax benefit.” Right. They collect the subscription fees a year at a time whether they sell anything or not. But they also have to deal with churn since the subscriptions are the only profit they make. If they have decent subscriptions in July, subs can drop like a rock in February and it will not even be noticed. It is a great company, but it will never be Walmart. Ever. Walmart doesn't stand a chance. Trust.

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