Costco’s Ground Beef, Wagyu Steaks Both Selling Well

Costco shoppers at both ends of the income range are beefing up their purchases. CEO Ron Vachris says on a call with analysts that it’s a healthy environment for all types of shoppers given the company’s value at all price levels. In the meat department, lots of volume is driven by ground beef and boneless, skinless chicken breasts, Vachris says. Meanwhile, wagyu and prime beef offerings are also growing.

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