Costco Wholesale Corp (COST)

Profile

• URL: https://www.costco.com
• Investor Relations URL: http://phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
• HQ State/Province: Washington
• Sector: Consumer Defensive
• Industry: Discount Stores
• Equity Style: Large Cap/Blend
• Next Earnings Release: Mar. 06, 2020
• Last Earnings Release: Dec. 12, 2019
• Next Ex-Dividend Date: N/A
• Last Ex-Dividend Date: Oct. 31, 2019
• Description: The leading warehouse club, Costco has 782 stores worldwide (at the end of fiscal 2019), with most of its sales derived in the United States (73%) and Canada (14%) and a large presence in Mexico, the United Kingdom, and Japan. It sells memberships that allow customers to shop in its warehouses, which feature low prices on a limited product assortment. Costco mainly caters to individual shoppers, but roughly 20% of paid members carry business memberships. Food and sundries accounted for 40% of fiscal 2019 sales, with ancillary businesses (such as fuel and pharmacy) 19%, hardlines just over 16%, fresh food 13%, and softlines 11%. Costco’s warehouses average around 146,000 square feet; over 75% of its locations offer fuel. About 4% of Costco’s global sales come from the e-commerce channel.