Quotes: Costco’s Chief Financial Officer on Wholesale Shopping

Shopping carts at a Costco store in Fairfax, Va.
Shopping carts at a Costco store in Fairfax, Va.
LARRY DOWNING/Reuters/Corbis

“I think if there is a silver lining to this horrible economy over the last year and a half, it is that the warehouse clubs and us in particular, are the extreme value proposition. People are shopping with us more frequently than they used to.”

– RICHARD GALANTI, Costco’s chief financial officer, on his company’s 46-percent third-quarter profit (via The Associated Press)

Related Topics: Costco, profits, Sam's Club, warehouse clubs, wholesale shopping, Business, Quotes
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