COSTCO

The membership-based warehouse club giant is installing membership scanning devices at the entrances to all its stores.

With this increase, all U.S. and Canada Gold Star, Business and Business add-on members will pay an annual fee of $65

Costco, Amazon, Kroger and CVS Health had scores in the "very good" range.

Total company sales for the month were $23.48 billion, an increase of 9.4% from the comparable period the previous year.

Costco is extending its partnership with Sesame to offer members access to a weight loss program.

Costco's net income for the quarter was $1.7 billion, $3.92 per diluted share, compared to $1.5 billion, $3.30 per diluted share, last year.

The superstore and wholesale space performed well across the board in 2023, with leading retailers seeing consistent year-over-year quarterly visit growth throughout the year.

Gary Millerchip, who just announced he was stepping down as SVP and CFO of Kroger, has been appointed EVP and CFO of Costco Wholesale, effective March 15.