If the company wanted to stick to its schedule, the higher prices for memberships are technically overdue.

However, he refused to provide more details on the timing.

“We can’t really tell you if it’s in our plans or not.

Costco exterior

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We’ll let you know when we know…So, you know, stay tuned.

We’ll keep you posted.

But there’s not a whole lot I can tell you about that,” he said.

Costco membership card

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Galanti explained that Costco does take the state of the economy into account when considering its rates.

And that’s kind of how we feel right now."

In the meantime, members have some exciting new shopping features to look forward to.