• Costco exec says some costs are falling and he sees a 'light at the end of the tunnel'

    9 days ago - By Business Insider

    The exterior of a Costco. Kena Betancur/VIEWpress/Getty Images
    Costco's Chief Financial Officer shared his thoughts on inflation at the company's earnings call.
    Richard Galanti said that there is now a "light at the end of the tunnel" in regards to inflation.
    That being said, it could be some time before consumers feel any relief.
    When it comes to inflation, Costco Chief Financial Officer Richard Galanti is seeing a light at the end of the tunnel. In the warehouse chain's Thursday earning call, Galanti used the phrase several times while discussing the company's performance with analysts...
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