Memorial Day Cookout Costs Are Crushing Wallets: Beef Up 14%, Steak Up 16%, Hot Dogs Up 11%
CNBC consumer reporter Brandon Gomez said Memorial Day cookout costs are rising as ground beef is up over 14%, steak over 16%, and hot dogs nearly 11% year over year, with extras like cakes, cookies, and nonalcoholic beverages up about 5%. The article cites U.S. CPI and University of Michigan sentiment declines, and notes Walmart and Kroger are adjusting pricing and store plans to address food inflation.
MAY 24·tickerreport.com→
Legato Capital Management LLC Has $1.66 Million Stake in Walmart Inc. $WMT
Legato Capital Management LLC cut its Walmart (WMT) stake by 56.8% in Q4, selling 19,644 shares and ending with 14,917 shares worth $1.662 million, per its latest SEC 13F. Other funds also adjusted positions. Walmart last reported Q1 EPS of $0.66 on revenue of $177.75B.
MAY 24·fool.com▲
2 Dividend Stocks to Hold for the Next 20 Years
The article highlights Walmart (WMT) and Costco (COST) as long-term dividend holdings. Walmart has raised its dividend for 53 consecutive years and increased the quarterly payout to $0.248 per share; it guided fiscal 2027 adjusted EPS of $2.75–$2.85. Costco’s membership model drove $2.68 billion in membership fees in the first 24 weeks of fiscal 2026, with renewals above 90% in the U.S. and Canada, according to the article.
