Acquired
Costco
Ben Gilbert
And because of Costco's gross margins always being targeted at 11%, capped at 14%, this means that for every dollar that Costco gets a supplier to reduce the price on something, again, tough but fair, the customer actually sees most, you know, 89% of the benefit. And so Costco really does just get to pass whenever they get a benefit, 89% of that benefit goes to the member.
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