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CLAIM #16838 · Costco Wholesale Corp (COST) · 2024Q4 earnings call · Sep 26, 2024 · due Sep 30, 2025

I'd say that we're probably looking at 5 to 6 new markets that we'll be expanding into next year.

Ron Vachris · CEO

PENDING
graded after results covering Sep 30, 2025 are reported

In context

come along, infrastructure, those types of things. As far as the outlook on international versus domestic growth, it's pretty balanced, again, more of a timing thing than anything. I think we've got 12 next year that will be outside of the US. And we've got some -- you could imagine in some countries, it takes us a few more years to get a building opened up. So it really is about the cadence of them opening. But we continue to look forward that we feel pretty good, balanced growth. We see infills as being very positive for us, both in US, Canada and all of North America that we have plenty of opportunities for infills in North America for the next several years ahead. And then a good market of new regions of the world. I don't think we have anything lined up for next year but new markets. I'd say that we're probably looking at 5 to 6 new markets that we'll be expanding into next year. Brandon Cheatham: Got it. Okay. Thanks. And just one follow-up on the [MFI fee] (ph) increase. I know you all typically reinvest in the member experience and price. And I think we already talked about wages. How should we think about the timing of that? Because you realize the MFI fee increase over a longer period? Is there any near-term pressure that might flow through the P&L as you do kind of focus on delivering that value to the member after you've increased that fee? Gary Millerchip: Sure. Yes, thanks for the question. We mentioned a couple of these things in the prepared comments, too, but we certainly think about as we increase the membership fee, our goal is always to find ways to deliver more value for the member. And we think about that pretty holistically. It can be lowering pr

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SEC filings for COST · Claim quote is verbatim from the 2024Q4 earnings call.