“You just can't get too focused on worrying about what's going to happen in the next quarter. You have to worry about where the business is headed long-term.”
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It doesn't do Costco any good if nobody can afford to buy anything.
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We've always been in favor of improved wages for workers. When you have a strong middle class, they want to buy more stuff at Costco.
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If we take care of the business and keep our eye on the goal line, the stock price will take care of itself.
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