The Food Department That's Boosting Costco's Profits In 2024
NEWS
By ANN MEYER
In the first fiscal quarter of 2024, Costco reached $57.39 billion in sales, an increase of 9.1% from the previous year. A big contributor to this increase is its meat department.
While he didn't go into the fine details of how much money the department is bringing to the table, he did speak to its overall growth and the products driving it.
The wholesaler's meat department is clearly doing well, thanks to its varied offerings, which include boneless and skinless chicken breasts, thighs, drumsticks, and wings.
Costco also carries quality red meat products like USDA Choice and USDA Prime beef, the latter being the highest grade of the eight that the USDA issues.