Costco – market cap: $438.4 billion – is outperforming Wall Street earnings estimates, but the company has a problem on its ...

The Teamsters union said on Wednesday that it has filed multiple unfair labour practice charges against Costco (NASDAQ:COST) for violating federal labor law and the national master agreement.

“Absence of sufficient pay guarantees high employee turnover,” Ton said ... far more than the average $17 an hour paid by other retailers, according to data from Costco and the Bureau of Labor ...

“For us, even a one- or two-yen rise in raw materials costs is tough, so to increase hourly pay ... labor market. After three months, wages would be at 1,050 yen, versus 970 yen pre-Costco.