Costco Wholesale Corp
Company Profile
Business description
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco’s frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Contact
999 Lake Drive
Issaquah WA 98027
USAT: +1 425 313-8100
E: investor@costco.com
Sector
Consumer Defensive
Stock type
Defensive
Industry
Discount Stores
Fiscal Year End
31 August 2024
Employees
316,000
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Markets
Index
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| All Ordinaries | 8,250.80 | 11.60 | -0.14% |
| CAC 40 | 7,632.71 | 91.61 | -1.19% |
| DAX 40 | 18,590.89 | 157.29 | -0.84% |
| Dow JONES (US) | 40,211.72 | 210.82 | 0.53% |
| FTSE 100 | 8,182.96 | 69.95 | -0.85% |
| HKSE | 17,770.89 | 245.05 | -1.36% |
| NASDAQ | 18,472.57 | 74.12 | 0.40% |
| Nikkei 225 | 41,371.17 | 180.49 | 0.44% |
| NZX 50 Index | 12,137.52 | 14.38 | 0.12% |
| S&P 500 | 5,631.22 | 15.87 | 0.28% |
| S&P/ASX 200 | 8,007.10 | 10.50 | -0.13% |
| SSE Composite Index | 2,967.85 | 6.16 | -0.21% |
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Last price
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| Australian Vanadium Ltd AVL | 0.02 | 0.00 | 3.13% |
| Tabcorp Holdings Ltd TAH | 0.69 | 0.01 | -1.44% |
| Liontown Resources Ltd LTR | 0.95 | 0.02 | -2.32% |
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