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 |
|---|---|---|---|
| 12/5/2024 | $1000.00 → $1050.00 | Outperform | Telsey Advisory Group |
| 10/22/2024 | $1016.00 | Outperform | Bernstein |
| 10/10/2024 | $955.00 → $980.00 | Outperform | Oppenheimer |
| 9/27/2024 | $925.00 → $1000.00 | Outperform | Telsey Advisory Group |
| 9/24/2024 | $873.00 | Buy → Hold | Truist |
| 9/10/2024 | $860.00 → $890.00 | Buy → Neutral | Redburn Atlantic |
| 9/9/2024 | $855.00 → $950.00 | Overweight | Morgan Stanley |
| 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 |
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)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
4 - COSTCO WHOLESALE CORP /NEW (0000909832) (Issuer)
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $1,050.00 from $1,000.00 previously
Bernstein initiated coverage of Costco with a rating of Outperform and set a new price target of $1,016.00
Oppenheimer reiterated coverage of Costco with a rating of Outperform and set a new price target of $980.00 from $955.00 previously
Telsey Advisory Group reiterated coverage of Costco with a rating of Outperform and set a new price target of $1,000.00 from $925.00 previously
Truist downgraded Costco from Buy to Hold and set a new price target of $873.00
Redburn Atlantic downgraded Costco from Buy to Neutral and set a new price target of $890.00 from $860.00 previously
Morgan Stanley reiterated coverage of Costco with a rating of Overweight and set a new price target of $950.00 from $855.00 previously
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
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
DEFA14A - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
DEF 14A - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
10-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
8-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
11-K - COSTCO WHOLESALE CORP /NEW (0000909832) (Filer)
ISSAQUAH, Wash., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the first quarter of fiscal 2025 (twelve weeks), ended November 24, 2024. Net sales for the first quarter increased 7.5 percent, to $60.99 billion from $56.72 billion last year. Comparable sales for the first quarter fiscal 2025 were as follows: 12 Weeks 12 Weeks Adjusted*U.S.5.2% 7.2%Canada5.8% 6.7%Other International4.7% 7.1% Total Company5.2% 7.1% E-commerce13.0% 13.2% *Excluding the impacts from changes in gasoline prices and foreign exchange. Net income for the quarter was $1,798 million, $4.04 per diluted shar
ISSAQUAH, Wash., Oct. 16, 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 $1.16 per share. The quarterly dividend is payable November 15, 2024, to shareholders of record at the close of business on November 1, 2024. Costco currently operates 891 warehouses, including 614 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 35 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-
ISSAQUAH, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023. For the 52-week fiscal year, the Company reported net sales of $249.6 billion, an increase of 5.0 percent from $237.7 billion reported in the 53-week fiscal year 2023. The following comparable sales data reflect comparable locations year-over-year and c
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., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the first quarter of fiscal 2025 (twelve weeks), ended November 24, 2024. Net sales for the first quarter increased 7.5 percent, to $60.99 billion from $56.72 billion last year. Comparable sales for the first quarter fiscal 2025 were as follows: 12 Weeks 12 Weeks Adjusted*U.S.5.2% 7.2%Canada5.8% 6.7%Other International4.7% 7.1% Total Company5.2% 7.1% E-commerce13.0% 13.2% *Excluding the impacts from changes in gasoline prices and foreign exchange. Net income for the quarter was $1,798 million, $4.04 per diluted shar
ISSAQUAH, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $20.03 billion for the retail month of October, the four weeks ended November 3, 2024, an increase of 7.2 percent from $18.68 billion last year. Net sales for the first nine weeks were $44.65 billion, an increase of 8.0 percent from $41.33 billion last year. Comparable sales were as follows: 4 Weeks 9 WeeksU.S.4.1% 5.4%Canada8.0% 6.7%Other International7.1% 7.9% Total Company5.1% 5.9%E-commerce19.3% 21.2% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 4 Weeks 9 WeeksU.S.5.8
Peloton Interactive, Inc. (NASDAQ:PTON) and Costco (NASDAQ:COST) today announced a partnership where Costco will sell the Peloton Bike+ in 300 of its US stores and on Costco.com this holiday season. Starting November 1, Costco members will be able to purchase an exclusive Bike+ bundle through February 15, 2025, or while supplies last. This partnership marks Peloton's first seasonal retail collaboration in the United States, partnering with a company dedicated to bringing its 136 million loyal members the best possible value on quality, brand-name merchandise. As Peloton continues to expand its third-party retail relationships, Costco allows the company to create additional exposure for its
ISSAQUAH, Wash., Oct. 16, 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 $1.16 per share. The quarterly dividend is payable November 15, 2024, to shareholders of record at the close of business on November 1, 2024. Costco currently operates 891 warehouses, including 614 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 35 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-
ISSAQUAH, Wash., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $24.62 billion for the retail month of September, the five weeks ended October 6, 2024, an increase of 9.0 percent from $22.59 billion last year. Comparable sales were as follows: 5 Weeks U.S.6.5% Canada5.7% Other International8.5% Total Company6.7% E-commerce22.9% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows: 5 Weeks U.S.9.3% Canada6.3% Other International9.6% Total Company8.9% E-commerce22.9% This year's total and comparable
ISSAQUAH, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023. For the 52-week fiscal year, the Company reported net sales of $249.6 billion, an increase of 5.0 percent from $237.7 billion reported in the 53-week fiscal year 2023. The following comparable sales data reflect comparable locations year-over-year and c
ISSAQUAH, Wash., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $19.83 billion for the retail month of August, the four weeks ended September 1, 2024, an increase of 7.1 percent from $18.51 billion last year. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023. For the 52-week fiscal year ended September 1, 2024, the Company reported net sales of $249.6 billion, an increase of 5.0 percent from $237.7 billion reported in the 53-week fiscal year 2023. Com
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
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)