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Although Galanti has not confirmed the specific product sold, it appears to have been their & # 39; 10 .03 carat VS1 Clarity Color Diamond Platinum Solitaire Ring & # 39; - a cut for only $ 419,999.99 and the only one advertised in that special price range

Tasty shopper? Customer buys $ 400,000 10ct diamond ring from COSTCO

  • A customer played more than $ 400,000 on a diamond ring, Costco said
  • Chief Financial Officer Richard Galanti announced the high ticket sales on Thursday
  • Costco lists nearly 470 diamond rings on its website, the second highest value diamond ring is $ 280,000 cheaper, along with $ 2,000 handbags and gifts from Prada
  • Galanti said the purchase increased revenue for the quarter, with a profit of $ 906 million
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Costco bosses remained happy with their quarterly revenue after a customer had saved more than $ 400,000 for a 10-carat diamond ring.

The wholesale store, which offers a number of valuable items in addition to their discounted stock, announced the expensive purchase Thursday, through their Chief Financial Officer Richard Galanti.

Although Galanti has not confirmed the specific product sold, it appears to have been their & # 39; 10.03 carat VS1 Clarity Color Diamond Platinum Solitaire Ring & # 39; – a cut for just $ 419.999.99 and the only one in that particular price range is advertised.

Although Galanti has not confirmed the specific product sold, it appears to have been their & # 39; 10.03 carat VS1 Clarity Color Diamond Platinum Solitaire Ring & # 39; - a cut for only $ 419,999.99 and the only one advertised in that special price range

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Although Galanti has not confirmed the specific product sold, it appears to have been their & # 39; 10.03 carat VS1 Clarity Color Diamond Platinum Solitaire Ring & # 39; – a cut for only $ 419,999.99 and the only one advertised in that special price range

Costco remains popular for shoppers looking for a relatively bargain treasure, with $ 2,000 Prada handbags and $ 100,000 jewelry, cut back on their original retail price.

Costco currently lists nearly 470 diamond rings on its website. The second highest value diamond ring is $ 280,000 cheaper.

During an income interview with investors on Thursday, Galanti said the purchase helped improve sales for the quarter.

& # 39; The sales highlights for the quarter include a number of important $ 400,000 diamonds redemption and large-price items such as golf simulators that sold for $ 14,000 each that we paid during the fine, & # 39; said Galanti.

Costco currently lists nearly 470 diamond rings on its website. The second highest value diamond ring is $ 280,000 cheaper

Costco currently lists nearly 470 diamond rings on its website. The second highest value diamond ring is $ 280,000 cheaper

Costco currently lists nearly 470 diamond rings on its website. The second highest value diamond ring is $ 280,000 cheaper

Costco's large items can be a hit with Chinese buyers when it opens its first location there in Shanghai on August 27, Bloomberg said.
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Costco's large items can be a hit with Chinese buyers when it opens its first location there in Shanghai on August 27, Bloomberg said.

Costco's large items can be a hit with Chinese buyers when it opens its first location there in Shanghai on August 27, Bloomberg said.

Costco's large items can be a hit with Chinese buyers when it opens its first location there on August 27 in Shanghai. Bloomberg reports.

On Thursday, Costco reported a third-quarter fiscal profit of $ 906 million.

Costco shares have increased by 19 percent since the beginning of the year, while the Standard & Poor & # 39; s 500 index has increased by 11 percent.

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In the last minutes of trading on Thursday, stocks hit $ 241.47, an increase of 21 percent in the past 12 months.

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