Thanksgiving pies: How many does Costco sell?

28.11.24 15:00 Uhr

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Millions of Americans will sit down on Thursday for a Thanksgiving meal and, for some, that includes eating pie for dessert. More than half of American adults – 54% – intend to nosh on pie as part of their Thanksgiving meal, whether it be pumpkin or another kind, a recently released Economist/YouGov poll found.While some bake their own pies from scratch, others purchase theirs from a local retailer in preparation for the meal. One of those retailers is Costco Wholesale, which is known to sell several million pies ahead of the Thanksgiving holiday. In 2023, Costco notched sales of more than 4 million pies in the U.S. during the Monday, Tuesday and Wednesday before Thanksgiving, then-CFO Richard Galanti told analysts and investors in mid-December of last year during the warehouse retailer’s quarterly earnings call.COSTCO'S ‘NETFLIX MOMENT’ BIG WIN"I’ve gotten more than a few calls in the past few weeks as to how many pies we sold in the U.S. leading up to the Thanksgiving holiday," he said at the time. Of the pies Costco customers bought during that three-day span in 2023, 2.9 million of them were the retailer’s extremely in-demand – and large – pumpkin pies, he said. The other 1.3 million that people bought were apple and pecan pies, according to Galanti. In previous years, Costco has put up big numbers for pumpkin pies before Thanksgiving too, like in 2019, when it sold 2.1 million, People reported. GOBBLE UP SAVINGS: SMART TIPS TO CUT COSTS THIS THANKSGIVINGCustomers buy some 6 million of Costco’s pumpkin pies in the period from September through December each year, Susan Schwartz, who authored "The Joy of Costco: A Treasure Hunt from A to Z" with husband David Schwartz, told FOX Business in an October interview last year.FOX Business reached out to Costco for comment about its expectations for 2024 seasonal pie sales. The warehouse retailer’s 58-ounce pumpkin pie sports a $5.99 price tag. In addition to pies, other popular foods served as part of many Thanksgiving meals this year include mashed potatoes, rolls, stuffing, gravy and green beans, according to the Economist/YouGov poll. More than two-thirds of American adults reported they will dine on turkey during their festivities, making the bird the top Thanksgiving food, the poll showed.AMERICANS HOSTING THANKSGIVING TO SPEND 19% MORE THAN LAST YEAR: REPORTThis year, U.S. consumers looking to host Thanksgiving meals said they anticipate the food and beverages for the occasion will cost them $265 on average, according to a separate survey from LendingTree.Weiter zum vollständigen Artikel bei FOX Business

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Nachrichten zu Costco Wholesale Corp.

Analysen zu Costco Wholesale Corp.

DatumRatingAnalyst
09.04.2019Costco Wholesale OutperformTelsey Advisory Group
05.09.2018Costco Wholesale OutperformTelsey Advisory Group
07.08.2018Costco Wholesale OutperformTelsey Advisory Group
01.06.2018Costco Wholesale OutperformTelsey Advisory Group
08.03.2018Costco Wholesale OutperformRBC Capital Markets
DatumRatingAnalyst
09.04.2019Costco Wholesale OutperformTelsey Advisory Group
05.09.2018Costco Wholesale OutperformTelsey Advisory Group
07.08.2018Costco Wholesale OutperformTelsey Advisory Group
01.06.2018Costco Wholesale OutperformTelsey Advisory Group
08.03.2018Costco Wholesale OutperformRBC Capital Markets
DatumRatingAnalyst
03.03.2017Costco Wholesale Equal WeightBarclays Capital
31.03.2016Costco Wholesale Equal WeightBarclays Capital
10.12.2015Costco Wholesale Equal WeightBarclays Capital
23.10.2015Costco Wholesale HoldWilliams Capital
30.09.2015Costco Wholesale HoldDeutsche Bank AG
DatumRatingAnalyst
28.09.2006Update Costco Wholesale Corp.: Underweight HSBC Securities

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