Costco Wholesale Corporation (COST)
Summary
COST Chart
Costco's Sales Momentum Builds: What It Means for the Holiday Season
Costco's 8.3% nine-week sales surge, fueled by strong U.S. and online growth, sets an upbeat tone for the holiday season.
Costco Sales Climb Again in October as Shoppers Keep Spending
COST posts another month of steady growth as October sales rise 8.6%, fueled by loyal members and robust online gains.
Costco puts up yet another monthly sales gain, but the stock falls
Another month, another sales gain for warehouse retailer Costco.
Costco Wholesale Corporation (COST) FAQ
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Costco Wholesale Corporation Profile
| Discount Stores Industry | Consumer Defensive Sector | Ron M. Vachris CEO | NASDAQ (NGS) Exchange | 22160K105 CUSIP |
| US Country | 333,000 Employees | 1 Aug 2025 Last Dividend | 14 Jan 2000 Last Split | 22 Sep 1993 IPO Date |
Overview
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.
Products and Services
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:
- Sundries, Dry Groceries, and More: Costco offers a wide selection of everyday items including candies, coolers, freezers, deli products, liquor, and tobacco catering to the basic needs of individuals and families.
- Electronics and Appliances: A variety of high-quality appliances and the latest in electronic gadgets are available, ensuring customers have access to the best in technology and convenience.
- Health and Beauty Aids, Hardware, and Garden Products: From personal care items to tools and garden accessories, Costco provides essentials for health, beauty, home improvement, and outdoor living.
- Sporting Goods, Tires, and Automotive Care: A selection of gear for sports enthusiasts, alongside automotive care products and tires for vehicle maintenance, is readily available.
- Home and Office: Customers can find furniture, domestics, housewares, office supplies, and more, enhancing living spaces and work environments with quality products.
- Food and Bakery: Fresh produce, meat, bakery items, and service deli products ensure a variety of food options for everyday meals and special occasions.
- Additional Services: Costco further enriches the shopping experience with gasoline stations, pharmacies, optical and hearing-aid centers, food courts, and tire installation centers. Their commitment to convenience extends online with business delivery, travel services, grocery shopping, and a myriad of other services available through their e-commerce platforms.
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