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Costco Rotisserie Chicken

Both times I bought their ribs they left the silverskin on. A lot of seasoning came off when removing the skin.
 
Gtrplyr78 said:
Not something I buy often.
Those chickens are a sodium bomb, and who knows what they inject in them to get them to that size.

Have not tried those ribs as of yet, perhaps something to try out at some point.

Costco is my go to for certain items anymore, their prices are not as competitive for other things I get at my local food stores.
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I buy the ribs, but in the back of my mind I always figure any marinated meat on sale is near expiration so they are trying to clear it out. Costco may be different though, And they are great on the smoker
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The grocery term most of you guys are looking for is "Loss Leader".
It's where the store sells items at a loss just to get you in store, the most common item being cereal.

I love costco (and all the other chains rotisserie chicken).
By far my favorite is the one from a local Mexican market, they use a better (to me) seasoning and stuff the chicken with the Mexican grilling onion and a jalapeño. If you have a Mexican market by you, see if they do chickens too.
 
I'm headed to Colorado tomorrow. Will be sure to grab some Costco chickens while there. :grinpimp:
 
Poriggity said:
I can almost guarantee no one has ever gone into Costco and JUST bought chicken.
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*raises hand

If i'm out and about (Costco's are everywhere here...) and i'm looking for a quick inexpensive lunch and i'm just that hungry, i'd rather swing into a Costco for a chicken than hit up a mexi taco joint and pay twice the $4.99 for grease, as an example.

One chicken, outta there in minutes. :laughing:
 
Most of those chickens are coming from one location in Fremont, NE (fed by local farms).

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Sam's club sells the chicken pot pies that are damn good. They are about $20 but teh damn thing can feed the wife and I three meals. I am sure it's made from the rotisserie chickens that don't sell before closing time. The enchiladas are pretty good too.
 
Stingray said:
We ate at happy hr. free hotdogs and nachos, tipped waitresses big, drank free, fucked the chief of polices wife. and drank away our per diem money. but that was the 80's.

Another time Far far away:lmao::lmao::lmao:
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:lmao::lmao::lmao::lmao:


M92PV4U said:
You can start with this one.
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Nice cock.



To the dude saying how much they lost in money on the chicken thing:

Costco makes their money on memberships, basically getting and selling everything at cost.


Also, they had to acquire land and build their own chicken farming business to keep up with demand.



Lastly, havent tried the rotisserie chicken from there. Though I might with the wife outta town. :homer:
 
Just had the Sam's club pot pie last week for the first time. It was Excellent/ 20 bucks for a delicious 5 lb pie. Many servings in there.
 
Fishnbeer said:
Wait until you find out how many pumpkin pies they bake and sell in the week of thanksgiving
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Dad of my kids' classmate is a Costco Bakery Manager. We saw him one day while shopping as he was pulling out another pallet of pumpkin pies. IIRC he said it was like the 20th pallet he put out that day! The math worked out to something like 3500 pumpkin pies PER DAY just at that location. Also they bake everything in-house daily. I think this is one of the busiest Costco locations per square foot though, so that's likely why so many.
 
They have the BEST pumpkin pies and always have.

The rotisserie chickens are nasty though, they pressure cook them first and the meat has a stink to it
 
trampas said:
*raises hand

If i'm out and about (Costco's are everywhere here...) and i'm looking for a quick inexpensive lunch and i'm just that hungry, i'd rather swing into a Costco for a chicken than hit up a mexi taco joint and pay twice the $4.99 for grease, as an example.

One chicken, outta there in minutes. :laughing:
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The only Costco we have in town seems to be a total zoo every day of the week. Nothing is happening in five minutes there.

I’m on that same thought using Publix as my go to for lunch, especially on road trips.

I find some the volumes being talked about here baffling,
 
Stingray said:
I buy the ribs, but in the back of my mind I always figure any marinated meat on sale is near expiration so they are trying to clear it out. Costco may be different though, And they are great on the smoker
247992.jpeg
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subybaja said:
Ha.

The $110 a year I pay woudn't cover the electricity and heat.

Also, the $110 Executive Membership is basically free, since I get 2% (or whatever) as a rebate check every year from costco.

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Membership is a huge part, but not all, that was one of the reasons they went from credit union members only back in the day to everyone.

Not everyone could get a membership.
 
Bacho said:
The only Costco we have in town seems to be a total zoo every day of the week. Nothing is happening in five minutes there.

I’m on that same thought using Publix as my go to for lunch, especially on road trips.

I find some the volumes being talked about here baffling,
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Ours just expanded the fuel island from 24 pumps to 40, and there is a wait from the time it opens to when it closes. and its members only.

And a friend owns two mom and pop breakfast/lunch only restaurants and he buys eggs once a week. filling a flat cart stacked 3' high.
 
Memberships, hmm? Maybe in 1985.

I think "We buy cheap and sell cheap, and barely make any money!" is corporate image BS. REI plays the same game. I've got no beef with Costco, but playing like they're a charity is dishonest of them.

Link

Selling stuff doesn't make Costco much money​

Costco sells massive amounts of products every year. Once you add up a billion rolls of Kirkland Signature Bath Tissue, hundreds of millions of chickens, more than a ton-and-a-half of gold bars, and the rest of the company's sales, Costco brought in $237.7 billion in product sales in fiscal 2023.

Yet Costco's business strategy isn't to make a huge amount of money on selling products. Instead, it sets prices low in order to encourage volume purchases, even though it means settling for razor-thin margins.

Adjusted gross margin at Costco was just 10.6% in fiscal 2023 when you look solely at merchandise sales and costs. When you include marketing and general overhead expenses, plus Uncle Sam's cut in income taxes, Costco's profit margin last year was just 2.6%.
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Take note of the net bars. 2.6% is at the low end of normal.
average-profit-margin-by-industry-1024x1024_png.jpg


Screenshot 2024-07-01 at 14-17-55 walmarts net profit margin 2023 - Google Search.png


Link
Costco boasts an impressive 123 million members across 63.1 million households, with 852 clubs in 14 countries around the world.
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123M x $100 = $12.3B in memberships, being charitable.

the rest of the company's sales, Costco brought in $237.7 billion in product sales
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Costco gross profit for the twelve months ending May 31, 2024 was $31.706B.
Costco annual gross profit for 2023 was $29.704B.
Costco annual gross profit for 2022 was $27.572B.



:laughing:

Link

Costco only makes money on membership fees? I did the (quick and dirty) math.​


EDIT: i believe the source i used for profits was reporting gross profits rather than net profits, which are very different things. it appears their net profits are closer to $6b, which puts membership sales (around $3b based on a slew of comments below) at around half of their total net profits. which is pretty damn impressive.
—
i’ve been very skeptical on the “costco only makes money on membership dues” claims we see thrown around in this subreddit every so often. while i was sure it’s an absolutely huge and important part of their cash flow, i couldn’t imagine they were only making $60 profit per year off of each member on average. so i did some math to either disprove that, or to disprove my gut feeling.
THE (quick) NUMBERS (the most recent i could find):
• “The company's twelve-month profit for the quarter that ended on February 28, 2023, was $28.285 billion”.
• as of 5/7/23 (i couldn’t find backdated data), they had 124.7 million cardholders, from 69.1 million households.
THE (dirty) ASSUMPTIONS:
• there are no business membership numbers listed on the investors section of their website, so i am presuming they are lumping the business memberships in.
• it’s my understanding that the $60 fee is per household, not per member.
• i’m also generously taking the $60 membership fee as straight-up profit, and not factoring any Cost of Goods Sold, such as the cost of the membership cards themselves. nor am i removing from their profits the infrastructure and/or labor involved in the back end needed to maintain the membership system. nor am i removing the labor needed to verify membership upon entrance and/or police abusers.
THE MATH: 60.1m households times the $60 membership fee equals $3.606b in revenue. and with profits around $28b, that works out to less than 13% of their profits. even if you go by cardholders and not households, it’s still only around 27% of their profits.
i’m sure this math is way less than perfect, but unless i fat-fingered the shit out of my calculator app, or made a brain fart in my basic understanding of numbers, it seems to prove my skepticism. this is not to say that it isn’t still an absolutely huge part of their profits. so it totally makes sense that they would crack down.
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subybaja said:
Memberships, hmm? Maybe in 1985.

I think "We buy cheap and sell cheap, and barely make any money!" is corporate image BS. REI plays the same game. I've got no beef with Costco, but playing like they're a charity is dishonest of them.



Take note of the net bars. 2.6% is at the low end of normal.


Screenshot 2024-07-01 at 14-17-55 walmarts net profit margin 2023 - Google Search.png



123M x $100 = $12.3B in memberships, being charitable.


Costco gross profit for the twelve months ending May 31, 2024 was $31.706B.
Costco annual gross profit for 2023 was $29.704B.
Costco annual gross profit for 2022 was $27.572B.



:laughing:
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Costco mainly makes money on their private label brands, the name brand stuff is normally priced at or 2-3% above walmart.
I don't know their BG as I have never worked for them to see the inside numbers, but walmart sells stuff cheap because they can, they are the juggernaut.
 
Bread and circuses, the leader of the free world is a blithering dementia patient and we are too busy eating millions of affordable chickens and watching boobs bounce on the internet to care.:homer:
 
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