Business

Higher Gas Prices Boost Membership Retailers

Updated 2026-05-28 21:20 UTC 1 source Positive

Gas prices are driving increased membership at retailers like Costco, which saw a 9.8% rise in same-store sales during its third quarter. This trend is benefiting the company's bottom line.

Coverage timeline — 2 articles
MarketWatch
Across Wall Street, investors are assuming that a credible and lasting deal between the U.S. and Iran would be an unmitigated positive for stocks and other risky assets.
2026-05-28 21:00 UTC
MarketWatch
Costco’s same-store sales rose 9.8% during its third quarter, well above Wall Street’s estimates, as gasoline sales provided a nice bump.
2026-05-28 21:06 UTC
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