Final Note

Average Costco customer makes six figures

Kai Ryssdal Feb 12, 2015
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Final Note

Average Costco customer makes six figures

Kai Ryssdal Feb 12, 2015
HTML EMBED:
COPY

American Express CEO Ken Chennault held an unscheduled call with analysts today to warn everybody that AmEx’s credit-card partnership with warehouse retailer Costco is going to expire next year.

AmEx shares lost 6.5 percent as a result.

Most interesting factoid of the whole story?

The average Costco customer has an income of $100,000 a year.

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