Richard Galanti

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7d
CBS News
Companies that are holding off Amazon's onslaughtsame-store sales, or sales at stores open more than a year. "Mel Brooks once s
CBS News / Posted 7 days ago
same-store sales, or sales at stores open more than a year. "Mel Brooks once said 'it's merchandising,'" said Costco CFO Richard Galanti on an Oct. 5 call with analysts. "It's value and merchandising, and some of the other little things we're... Read more
8d
The News & Observer
Shop at Costco? You can now get those groceries delivered to your homefrankly are better than the ones they were doing the day before with us or with
The News & Observer / Posted 8 days ago
frankly are better than the ones they were doing the day before with us or with Instacart or with anybody else,” Costco CFO Richard Galanti said during a recent call with investors. In addition to Costco making home deliveries easier, car-sharing... Read more
4 related articles
11d
The Morning Call
Costco starts offering same-day grocery deliveryfee will be added at checkout, though shoppers “may elect not to pay the servic
The Morning Call / Posted 11 days ago
fee will be added at checkout, though shoppers “may elect not to pay the service fee.” In an earnings call Thursday, Richard Galanti, Costco’s executive vice president and chief financial officer, said the delivery options are more “fill-in,... Read more
2 related articles
11d
Orlando Sentinel
Costco starts offering same-day grocery deliveryfee will be added at checkout, though shoppers “may elect not to pay the servic
Orlando Sentinel / Posted 11 days ago
fee will be added at checkout, though shoppers “may elect not to pay the service fee.” In an earnings call Thursday, Richard Galanti, Costco’s executive vice president and chief financial officer, said the delivery options are more “fill-in,... Read more
2 related articles
12d
Stamford Advocate
Costco just crushed earnings — but its stock is cratering over retail-apocalypse fears (COST)margins. It's also possible that Costco's declining membership-renewal rate ca
Stamford Advocate / Posted 12 days ago
margins. It's also possible that Costco's declining membership-renewal rate caught the eye of skeptical stock traders. Richard Galanti, its chief financial officer, attributed this to the company's decision to stop taking American Express. It... Read more
12d
Connecticut Post
Costco just crushed earnings — but its stock is cratering over retail-apocalypse fears (COST)margins. It's also possible that Costco's declining membership-renewal rate ca
Connecticut Post / Posted 12 days ago
margins. It's also possible that Costco's declining membership-renewal rate caught the eye of skeptical stock traders. Richard Galanti, its chief financial officer, attributed this to the company's decision to stop taking American Express. It... Read more
14d
The Sacramento Bee
Costco sees the writing on the well-stocked pantry wall, begins delivery serviceare better than the ones they were doing the day before with us, or with Instac
The Sacramento Bee / Posted 14 days ago
are better than the ones they were doing the day before with us, or with Instacart, or with anybody else," Costco CFO Richard Galanti said in a call announcing the company’s fourth-quarter earnings. The changes come as Costco continues to... Read more
14d
Los Angeles Times
Costco starts offering same-day grocery deliveryfee will be added at checkout, though shoppers “may elect not to pay the servic
Los Angeles Times / Posted 14 days ago
fee will be added at checkout, though shoppers “may elect not to pay the service fee.” In an earnings call Thursday, Richard Galanti, Costco’s executive vice president and chief financial officer, said the delivery options are more “fill-in,... Read more
9 related articles
14d
Market Watch
Costco’s earnings beat isn’t enough to offset concerns about margins, membership and Amazonthat were discussed on the earnings call. E-commerce sales were up 27% in the q
Market Watch / Posted 14 days ago
that were discussed on the earnings call. E-commerce sales were up 27% in the quarter. Costco COST, -5.92% Chief Executive Richard Galanti said on the late Thursday earnings call that the company has been beefing up the functionality of the... Read more
14d
FOX Business
Why Costco Wholesale Corporation Stock Fell Todaymargin during the quarter fell 15 basis points year over year (or 9 basis point
FOX Business / Posted 14 days ago
margin during the quarter fell 15 basis points year over year (or 9 basis points excluding gas). According to Costco CFO Richard Galanti during the subsequent conference call, the decline was primarily "a function of our own initiatives to drive... Read more
10 related articles
14d
FOX Business
Why Costco Wholesale Corporation Stock Fell Todaymargin during the quarter fell 15 basis points year over year (or 9 basis point
FOX Business / Posted 14 days ago
margin during the quarter fell 15 basis points year over year (or 9 basis points excluding gas). According to Costco CFO Richard Galanti during the subsequent conference call, the decline was primarily "a function of our own initiatives to drive... Read more
10 related articles
14d
Business Insider
Costco just crushed earnings — but its stock is cratering over retail apocalypse fearsmargins. It's also possible that Costco's declining membership renewal rate ca
Business Insider / Posted 14 days ago
margins. It's also possible that Costco's declining membership renewal rate caught the eye of skeptical stock traders. CFO Richard Galanti attributed this to the company's decision to stop taking American Express. It could also stem from Costco's... Read more
14d
San Antonio Express-News
Costco has two new weapons in its battle against Amazon (COST)are better than the ones they were doing the day before with us, or with Instac
San Antonio Express-News / Posted 14 days ago
are better than the ones they were doing the day before with us, or with Instacart, or with anybody else," Costco CFO Richard Galanti said in response to a question about the Whole Foods acquisition's impact on sales. Costco reported Thursday... Read more
9 related articles
14d
San Francisco Chronicle
Costco has two new weapons in its battle against Amazon (COST)are better than the ones they were doing the day before with us, or with Instac
San Francisco Chronicle / Posted 14 days ago
are better than the ones they were doing the day before with us, or with Instacart, or with anybody else," Costco CFO Richard Galanti said in response to a question about the Whole Foods acquisition's impact on sales. Costco reported Thursday... Read more
9 related articles
14d
Reuters
Costco shares down on fears of grocery delivery eating into marginsits efforts to fight growing competition from Amazon.com (AMZN.O) and Wal-Mart
Reuters / Posted 14 days ago
its efforts to fight growing competition from Amazon.com (AMZN.O) and Wal-Mart Stores Inc (WMT.N). Chief Financial Officer Richard Galanti said in the company’s post-results call that the retailer had started offering two-day delivery of dry... Read more
9 related articles
14d
Stamford Advocate
Costco has two new weapons in its battle against Amazon (COST)are better than the ones they were doing the day before with us, or with Instac
Stamford Advocate / Posted 14 days ago
are better than the ones they were doing the day before with us, or with Instacart, or with anybody else," Costco CFO Richard Galanti said in response to a question about the Whole Foods acquisition's impact on sales. Costco reported Thursday... Read more
9 related articles
14d
Connecticut Post
Costco has two new weapons in its battle against Amazon (COST)are better than the ones they were doing the day before with us, or with Instac
Connecticut Post / Posted 14 days ago
are better than the ones they were doing the day before with us, or with Instacart, or with anybody else," Costco CFO Richard Galanti said in response to a question about the Whole Foods acquisition's impact on sales. Costco reported Thursday... Read more
9 related articles
14d
Bizjournals
Costco rolls out same-day and two-day online grocery deliveryclub launched a two-day "CostcoGrocery" delivery option for non-perishable groc
Bizjournals / Posted 14 days ago
club launched a two-day "CostcoGrocery" delivery option for non-perishable grocery items this week, Chief Financial Officer Richard Galanti said on a conference call to discuss fourth-quarter financial results. With CostcoGrocery, 500... Read more
14d
Fortune
You Can Now Order Same-Day Delivery From Costcowith Instacart that includes both dry and fresh goods. That’s according to the
Fortune / Posted 14 days ago
with Instacart that includes both dry and fresh goods. That’s according to the company’s Chief Financial Officer Richard Galanti during the company’s fourth quarter earnings call late Thursday. Interestingly enough, as Amazon slashes... Read more
14d
FOX Business
Costco, with an eye on Amazon, expands home delivery servicein one day. Both services let Costco members buy food online at lower prices th
FOX Business / Posted 14 days ago
in one day. Both services let Costco members buy food online at lower prices than available under previous options, said Richard Galanti, the company's chief financial officer. The moves are a departure for Costco. The company has been slow to... Read more
9 related articles
14d
FOX Business
Costco, with an eye on Amazon, expands home delivery servicein one day. Both services let Costco members buy food online at lower prices th
FOX Business / Posted 14 days ago
in one day. Both services let Costco members buy food online at lower prices than available under previous options, said Richard Galanti, the company's chief financial officer. The moves are a departure for Costco. The company has been slow to... Read more
9 related articles
14d
Reuters
Costco steps up grocery battle with new delivery servicesCostco Chief Financial Officer Richard Galanti said in the company’s post-resul
Reuters / Posted 14 days ago
Costco Chief Financial Officer Richard Galanti said in the company’s post-results call that the membership-based chain had started offering two-day delivery of dry groceries as well as a same-day delivery service for groceries including fresh... Read more
9 related articles
14d
Channel NewsAsia
Costco steps up grocery battle with new delivery servicesstep in its efforts to fight growing competition from Amazon.com and Wal-Mart S
Channel NewsAsia / Posted 14 days ago
step in its efforts to fight growing competition from Amazon.com and Wal-Mart Stores Inc . Costco Chief Financial Officer Richard Galanti said in the company's post-results call that the membership-based chain had started offering two-day delivery... Read more
9 related articles
26d
KREM.com Spokane
Business model: Most Costco members don't shop at Costco all that muchmembers are likely to take significant advantage of its low prices. During the
KREM.com Spokane / Posted 26 days ago
members are likely to take significant advantage of its low prices. During the chain's earnings calls each quarter, CFO Richard Galanti notes the growth in Executive memberships. He then points out that about one-third of its customers pay the... Read more

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