Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company offers sundries, dry groceries, candies, coolers, freezers, liquor, and tobacco and deli products; appliances, electronics, health and beauty aids, hardware, garden and patio products, sporting goods, tires, toys and seasonal products, office supplies, automotive care products, postages, tickets, apparel, small appliances, furniture, domestics, housewares, special order kiosks, and jewelry; and meat, produce, service deli, and bakery products. It also operates pharmacies, opticals, food courts, hearing-aid centers, and tire installation centers, as well as 636 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of August 29, 2021, the company operated 815 membership warehouses, including 564 in the United States and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in South Korea, 14 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
IPO Year:
Exchange: NASDAQ
Website: costco.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/8/2024 | $925.00 | Accumulate → Buy | Gordon Haskett |
7/11/2024 | $900.00 → $925.00 | Outperform | Telsey Advisory Group |
7/11/2024 | $905.00 → $950.00 | Outperform | Oppenheimer |
7/2/2024 | $850.00 → $900.00 | Buy | Stifel |
6/6/2024 | $850.00 → $900.00 | Outperform | Telsey Advisory Group |
5/31/2024 | $800.00 → $850.00 | Outperform | Telsey Advisory Group |
4/3/2024 | $775.00 | Buy → Accumulate | Gordon Haskett |
3/8/2024 | $785.00 → $800.00 | Outperform | Telsey Advisory Group |
3/4/2024 | $750.00 → $785.00 | Outperform | Telsey Advisory Group |
2/6/2024 | $700.00 → $750.00 | Outperform | Telsey Advisory Group |
Gordon Haskett upgraded Costco from Accumulate to Buy and set a new price target of $925.00
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $925.00 from $900.00 previously
Oppenheimer reiterated coverage of Costco with a rating of Outperform and set a new price target of $950.00 from $905.00 previously
Stifel reiterated coverage of Costco with a rating of Buy and set a new price target of $900.00 from $850.00 previously
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $900.00 from $850.00 previously
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $850.00 from $800.00 previously
Gordon Haskett downgraded Costco from Buy to Accumulate and set a new price target of $775.00
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $800.00 from $785.00 previously
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $785.00 from $750.00 previously
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $750.00 from $700.00 previously
ISSAQUAH, Wash., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $19.26 billion for the retail month of July, the four weeks ended August 4, 2024, an increase of 7.1 percent from $17.99 billion last year. Net sales for the first 48 weeks were $229.81 billion, an increase of 7.1 percent from $214.53 billion last year. Comparable sales were as follows: 4 Weeks 48 WeeksU.S.5.3% 4.5%Canada6.3% 7.2%Other International3.7% 8.1% Total Company5.2% 5.3%E-commerce20.2% 15.6% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 4 Weeks 4
ISSAQUAH, Wash., July 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, 2024, an increase of 7.4 percent from $22.78 billion last year. Net sales for the first 44 weeks were $210.55 billion, an increase of 6.9 percent from $196.93 billion last year. Comparable sales were as follows: 5 Weeks 44 WeeksU.S.5.6% 4.4%Canada5.2% 7.3%Other International4.3% 8.5% Total Company5.3% 5.4% E-commerce18.4% 15.2% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 5 Weeks 44 WeeksU.S.6
ISSAQUAH, Wash., June 05, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $19.64 billion for the retail month of May, the four weeks ended June 2, 2024, an increase of 8.1 percent from $18.16 billion last year. Net sales for the first 39 weeks were $186.07 billion, an increase of 6.9 percent from $174.07 billion last year. Comparable sales were as follows: 4 Weeks 39 Weeks U.S.5.8% 4.3% Canada6.7% 7.6% Other International9.3% 9.1% Total Company6.4% 5.4% E-commerce15.3% 14.8% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 4 We
ISSAQUAH, Wash., May 30, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2024, ended May 12, 2024. Net sales for the quarter increased 9.1 percent, to $57.39 billion, from $52.60 billion last year. Net sales for the first 36 weeks increased 7.0 percent, to $171.44 billion, from $160.28 billion last year. Net sales were positively impacted by approximately 0.5 to 1.0 percent for the quarter from the shift of the fiscal calendar, as a result of the fifty-third week last year. The following comparable sales data reflect comparabl
ISSAQUAH, Wash., May 08, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $19.80 billion for the retail month of April, the four weeks ended May 5, 2024, an increase of 7.1 percent from $18.48 billion last year. Net sales for the first 35 weeks were $166.44 billion, an increase of 7.0 percent from $155.62 billion last year. Comparable sales were as follows: 4 Weeks 35 Weeks U.S.5.8% 4.1% Canada5.2% 7.7% Other International5.1% 9.1% Total Company5.6% 5.2% E-commerce14.6% 14.7% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 4 Weeks 35 Weeks U.S.
ISSAQUAH, Wash., April 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $23.48 billion for the retail month of March, the five weeks ended April 7, 2024, an increase of 9.4 percent from $21.46 billion last year. Net sales for the first 31 weeks were $146.64 billion, an increase of 6.4 percent from $137.77 billion last year. Comparable sales for the periods ended April 7, 2024 were as follows: 5 Weeks 31 Weeks U.S.7.3% 3.8% Canada8.9% 8.1% Other International8.6% 9.6% Total Company7.7% 5.2% E-commerce28.3% 14.8% Comparable sales excluding the impacts from changes in gasoline prices and
ISSAQUAH, Wash., March 07, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the second quarter (twelve weeks) and the first 24 weeks of fiscal 2024, ended February 18, 2024. Net sales for the quarter increased 5.7 percent, to $57.33 billion, from $54.24 billion last year. Net sales for the first 24 weeks increased 5.9 percent, to $114.05 billion, from $107.68 billion last year. Net sales for the Company were negatively impacted by approximately one and one-half percent for the quarter and by approximately one-half percent for the first 24 weeks of fiscal 2024 from the shift of the fiscal calendar, as
ISSAQUAH, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $22.08 billion for the retail month of January, the five weeks ended February 4, 2024 an increase of 4.5 percent from $21.13 billion last year. For the 22 weeks ended February 4, 2024, the Company reported net sales of $104.94 billion, an increase of 6.0 percent from $99.00 billion for the 22 weeks of fiscal year 2023 ended January 29, 2023. Comparable sales for the periods ended February 4, 2024 were as follows: 5 Weeks 22 WeeksU.S.1.6% 3.2%Canada6.2% 7.9%Other International5.1% 9.6% Total Company2.7% 4.7% E-commerce21.0% 12.1% C
ISSAQUAH, Wash., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) announced today that Richard Galanti has confirmed his intention to step down as Chief Financial Officer, effective March 15, 2024. The Board of Directors has named Gary Millerchip as Executive Vice President and Chief Financial Officer, effective March 15, 2024. Gary brings extensive retail and finance experience to Costco, serving as Senior Vice President and Chief Financial Officer at The Kroger Co. since April 2019. Gary spent 15 years at The Kroger Co., preceded by more than 20 years in banking, most recently with the NatWest Group (formerly Royal Bank of Scotland
ISSAQUAH, Wash., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of $1.02 per share. The quarterly dividend is payable February 16, 2024, to shareholders of record at the close of business on February 2, 2024. Costco currently operates 872 warehouses, including 600 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 33 in Japan, 29 in the United Kingdom, 18 in Korea, 15 in Australia, 14 in Taiwan, six in China, four in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-
Costco Wholesale Corp (NASDAQ:COST) share price has been on a remarkable ascent, trading above $800. This puts the retail giant in prime stock-split territory. Historically, stock splits occur after substantial price increases, and Costco’s impressive growth makes it a noteworthy candidate for such a move. Will Costco Follow Rival Walmart’s Footsteps? Walmart Inc‘s (NYSE:WMT) 3-for-1 stock split, initiated when its shares were trading below $200, sets a precedent. Costco’s stock price has far surpassed this level, climbing nearly 30% year-to-date and almost tripling over the past five years. The company's consistent performance and its share price near record highs suggest it could
Costco Wholesale (NASDAQ:COST) has outperformed the market over the past 5 years by 11.82% on an annualized basis producing an average annual return of 24.58%. Currently, Costco Wholesale has a market capitalization of $371.86 billion. Buying $100 In COST: If an investor had bought $100 of COST stock 5 years ago, it would be worth $299.42 today based on a price of $838.77 for COST at the time of writing. Costco Wholesale's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated
Whales with a lot of money to spend have taken a noticeably bullish stance on Costco Wholesale. Looking at options history for Costco Wholesale (NASDAQ:COST) we detected 19 trades. If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 36% with bearish. From the overall spotted trades, 5 are puts, for a total amount of $810,465 and 14, calls, for a total amount of $593,485. What's The Price Target? Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $425.0 to $1340.0 for Costco Wholesale over the recent three months. Volume & Open Interest
Investors with a lot of money to spend have taken a bullish stance on Costco Wholesale (NASDAQ:COST). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with COST, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 15 uncommon options trades for Costco Wholesale. This isn't normal. The overall sentiment of these big-money traders is split between 40% bullish and 40%, bearish. Out of all
In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Costco Wholesale (NASDAQ:COST) against its key competitors in the Consumer Staples Distribution & Retail industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry. Costco Wholesale Background Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Fortinet, Inc. (NASDAQ:FTNT) is not his favorite. He added that we own Palo Alto Networks, Inc. (NASDAQ:PANW) for the charitable trust. On July 11, Barclays analyst Saket Kalia maintained Fortinet with an Equal-Weight and lowered the price target from $75 to $70. When asked about Air Products and Chemicals, Inc. (NYSE:APD), Cramer said Linde plc (NASDAQ:LIN) is a “much better run company, and that's why Air Products isn't doing as well, and Linde's doing spectacularly.” On July 16, Air Products named Eric Guter as vice president of Investor Relations effective Sept. 30 succeeding Sidd Manjeshwar. Sarepta Therapeutics, Inc. (N
The Nasdaq 100 closed higher by more than 50 points on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Broadcom The Trade: Broadcom Inc. (NASDAQ:AVGO) President and CEO Hock E Tan sold a total of 7,502 shares at an average pr
Investors with a lot of money to spend have taken a bullish stance on Costco Wholesale (NASDAQ:COST). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with COST, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 27 uncommon options trades for Costco Wholesale. This isn't normal. The overall sentiment of these big-money traders is split between 40% bullish and 37%, bearish. Out of all
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Piper Sandler cut the price target for Adobe Inc. (NASDAQ:ADBE) from $700 to $635. Piper Sandler analyst Brent Bracelin maintained an Overweight rating. Adobe shares fell 1.2% to close at $557.63 on Thursday. See how other analysts view this stock. Needham slashed the price target for KalVista Pharmaceuticals, Inc. (NASDAQ:KALV) from $35 to $32. Needham analyst Serge Belanger maintained a Buy rating. KalVista Pharmaceuticals shares fell 0.6% to close at $12.50 on Thursday. See how other analysts vi
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
3 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
SC 13G/A - COSTCO WHOLESALE CORP /NEW (0000909832) (Subject)
SC 13G/A - COSTCO WHOLESALE CORP /NEW (0000909832) (Subject)
SC 13G/A - COSTCO WHOLESALE CORP /NEW (0000909832) (Subject)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
11-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
10-Q - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K/A - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
S-8 - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
ISSAQUAH, Wash., July 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $24.48 billion for the retail month of June, the five weeks ended July 7, 2024, an increase of 7.4 percent from $22.78 billion last year. Net sales for the first 44 weeks were $210.55 billion, an increase of 6.9 percent from $196.93 billion last year. Comparable sales were as follows: 5 Weeks 44 WeeksU.S.5.6% 4.4%Canada5.2% 7.3%Other International4.3% 8.5% Total Company5.3% 5.4% E-commerce18.4% 15.2% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 5 Weeks 44 WeeksU.S.6
ISSAQUAH, Wash., May 30, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2024, ended May 12, 2024. Net sales for the quarter increased 9.1 percent, to $57.39 billion, from $52.60 billion last year. Net sales for the first 36 weeks increased 7.0 percent, to $171.44 billion, from $160.28 billion last year. Net sales were positively impacted by approximately 0.5 to 1.0 percent for the quarter from the shift of the fiscal calendar, as a result of the fifty-third week last year. The following comparable sales data reflect comparabl
ISSAQUAH, Wash., April 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $23.48 billion for the retail month of March, the five weeks ended April 7, 2024, an increase of 9.4 percent from $21.46 billion last year. Net sales for the first 31 weeks were $146.64 billion, an increase of 6.4 percent from $137.77 billion last year. Comparable sales for the periods ended April 7, 2024 were as follows: 5 Weeks 31 Weeks U.S.7.3% 3.8% Canada8.9% 8.1% Other International8.6% 9.6% Total Company7.7% 5.2% E-commerce28.3% 14.8% Comparable sales excluding the impacts from changes in gasoline prices and
ISSAQUAH, Wash., March 07, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the second quarter (twelve weeks) and the first 24 weeks of fiscal 2024, ended February 18, 2024. Net sales for the quarter increased 5.7 percent, to $57.33 billion, from $54.24 billion last year. Net sales for the first 24 weeks increased 5.9 percent, to $114.05 billion, from $107.68 billion last year. Net sales for the Company were negatively impacted by approximately one and one-half percent for the quarter and by approximately one-half percent for the first 24 weeks of fiscal 2024 from the shift of the fiscal calendar, as
ISSAQUAH, Wash., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of $1.02 per share. The quarterly dividend is payable February 16, 2024, to shareholders of record at the close of business on February 2, 2024. Costco currently operates 872 warehouses, including 600 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 33 in Japan, 29 in the United Kingdom, 18 in Korea, 15 in Australia, 14 in Taiwan, six in China, four in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-
ISSAQUAH, Wash., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the first quarter (twelve weeks) of fiscal 2024, ended November 26, 2023. For the first quarter the Company reported net sales of $56.72 billion, an increase of 6.1 percent from $53.44 billion for the first quarter of fiscal year 2023, ended November 20, 2022. Net sales were benefited by approximately one-half to one percent in the U.S. and worldwide from the shift of the fiscal calendar, as a result of the fifty-third week in fiscal year 2023. The following comparable sales reflect comparable locations year-over-year a
ISSAQUAH, Wash., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) announced today that Craig Jelinek has confirmed his intention to step down as Chief Executive Officer, effective January 1, 2024. The Board of Directors has elected Ron Vachris, President and Chief Operating Officer since February 2022, as President and Chief Executive Officer, effective January 1, 2024. Craig and Ron have worked hand in hand over the last twenty-one months in Ron's role as president and for many years before that. This is the culmination of the long-standing succession plan that Craig has discussed with the Board. Ron is a Costco veteran, with over f
ISSAQUAH, Wash., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the 17-week fourth quarter and the 53-week fiscal year ended September 3, 2023. Net sales for the 17-week fourth quarter were $77.43 billion, an increase of 9.4 percent from $70.76 billion in the 16-week fourth quarter last year. Net sales for the 53-week fiscal year were $237.71 billion, an increase of 6.7 percent from $222.73 billion in the 52-week fiscal year of 2022. Comparable sales were as follows: 17 Weeks 17 Weeks 53 Weeks 53 Weeks Adjusted* Adjusted*U.S.0.2% 3.1% 3.3% 4.2%Canada1.8% 7.4% 1.7% 8.1%Other I
ISSAQUAH, Wash., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of $1.02 per share. The quarterly dividend is payable September 8, 2023, to shareholders of record at the close of business on August 25, 2023. Costco currently operates 858 warehouses, including 590 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 32 in Japan, 29 in the United Kingdom, 18 in Korea, 15 in Australia, 14 in Taiwan, four each in China and Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-co
ISSAQUAH, Wash., April 19, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from 90 cents to $1.02 per share, $4.08 on an annualized basis. The dividend is payable May 19, 2023, to shareholders of record at the close of business on May 5, 2023. Costco currently operates 850 warehouses, including 585 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 18 in Korea, 14 in Taiwan, 14 in Australia, four in Spain, three in China, two in France, and one each