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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (739569)	9/15/2013 2:26:44 PM
From: tejek	Read Replies (1) of 1576528

From their financial statements: 26.7 Million GoldStar @ $55 6.4 Million Business @ $110 3.8 Million add-on @ 55 Total Membership Fees == $2.382B Total profits, last four reported quarter = $2.031B *As I said, ALL of their profits are in the membership fees.* You are probably right........Costco doesn't have the profit margins that Wal Mart does. >> Walmart's Sams Club gets membership dues and doesn't make the profits of Costco Costco manufactures a lot of their own products. Not sure what you're referring to, but CostCo does not manufacture its own products Additionally, Costco Wholesale Industries, a division of the Company, operates manufacturing businesses, including special food packaging, optical laboratories, meat processing and jewelry distribution. These businesses have a common goal of providing members with high quality products at substantially lower prices. phx.corporate-ir.net The key is Costco believes that its employees should benefit from its success while Wal Mart believes their asshole employees are lucky to have a job. And not surprisingly Wal Mart's employees are not grateful and are demanding more.

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