File This Under Things You Can Buy At Costco: A $419,999 Diamond Ring



For one person, their Costco shopping list probably read like the following: Takis Fuego Tortilla Chips, Kirkland baby wipes, a new sweatshirt, and... a diamond ring? Yeah, you read that right. On Friday, Bloomberg reported Costco\'s quarterly sales were up from one pretty big jewelry purchase.During a conference call with analysts, Costco\'s Chief Financial Officer Richard Galanti let it slip that the retailer sold a \"significant diamond ring purchase, in the $400,000 range.\" He didn\'t provide any other details but after a little sleuthing, Bloomberg says the item may have been the \"Round Brilliant 10.03 carat VS1 Clarity, 1 Color Diamond Platinum Solitude Ring,\" which retails for a cool $419,999.99.The Costco exec was not shocked at this purchase, however, and during the call, he mentioned how the warehouse-retailer has become known for its hidden gems like luxury handbags and jewelry. As an added convenience, customers can shop online and then pick up the purchase in a designated loc

https://www.refinery29.com/en-us/2019/05/234228/shop-diamond-rings-costco?utm_source=feed&utm_medium=rss

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