Costco will add Gina Raimondo to its board of directors. Raimondo previously served as Commerce secretary in the administration of President Joe Biden.
Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) reported another strong month of growth in November, with net sales climbing 8.1% year-over-year to roughly $21.9 billion. Jefferies analysts repeated their ‘Buy' rating on the membership-based big box retailer, noting its November performance reflected “broad-based sales momentum” heading into the first quarter of fiscal 2026.
Rather than how much sales rise for a retailer, investors sometimes care more about how that growth has changed over time.
| - Industry | - Sector | Ron M. Vachris CEO | XFRA Exchange | US22160K1051 ISIN |
| US Country | 333,000 Employees | 1 Aug 2025 Last Dividend | 14 Jan 2000 Last Split | 22 Sep 1993 IPO Date |
Costco Wholesale Corporation, alongside its subsidiaries, is an industry leader in operating membership warehouses across a multitude of countries including the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. This global presence emphasizes its expanding market and diversified operations tailored to meet a wide array of consumer needs. Initially founded in 1976 and formerly known as Costco Companies, Inc., it transitioned to its current name, Costco Wholesale Corporation, in August 1999. The company's headquarters are strategically positioned in Issaquah, Washington. By focusing on offering both branded and private-label products across various merchandise categories, Costco has firmly established its reputation for value and efficiency in the wholesale sector.
Costco's vast array of products and services cater to both individual and business needs, ensuring a comprehensive shopping experience. Here is a detailed look at their offerings: