Costco shoppers shifting away from specific item; CFO says it ’s indicator of recession

Costco’s shoppers were less often choosing to purchase beef or steaks from the stores’ meat departments in recent months — a trend indicative of a recession or at least “concern” for a recession, according to CFO Richard Galanti. Galanti, speaking with investors in a third-quarter earnings call…#costco #cforichardgalanti #galanti #nexstar #kdvr #curtwerner #colorado

Source: Reuters: Health - June 3, 2023 Category: Consumer Health News Source Type: news