Costco reports 11.7% US comparable sales growth as high gas prices lift demand

13 articles · Updated · Business Insider · May 10

Last month, fuel added 3 percentage points to growth, while US visits rose 3.8% in the four weeks to 3 May.
With regular gasoline above $4.50 a gallon, more drivers are using club stores; Numerator said 36% filled up there, up three points from April.
Costco said pump traffic is also boosting warehouse shopping, with non-gas transactions up 8%, even as three-quarters of surveyed drivers cut other spending.

Is Costco's cheap gas a brilliant loyalty hack or a sign of a fragile economy?

After membership fees and impulse buys, are drivers actually saving money at warehouse clubs?

With gas prices soaring from global conflict, is this the final push for mass EV adoption?