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      4 days ago

      I left reddit after the API fiasco and didn’t return, but I remembered seeing this on Data is Beautiful before that, so I just looked it up for you. (My search query in DDG was “data is beautiful reddit Costco profit margins” and a few popped up; this was the most recent.)

      Transcription: infographic states

      Net sales +$77.4B
      Merch costs -$69.2B

      Membership fees +$1.5B

      SG&A -$6.9B (Selling, General, and Administrative Expenses)
      Taxes -$0.8B

      Net profit $2.2B (2% margin)

      Source listed as: Costco Q4 FY 23 earnings

      Edit: format failing :(