Costco Wholesale Corporation logo

Costco Wholesale Corporation COST

$ 926.83 -0.36%

Quarterly report 2024-Q1
added 03-13-2024

report update icon

Country

usaUSA

IPO year

-

Industry

Food retailing

Stock Exchange

NASDAQ GLOBALSPB

CEO

Mr. W. Craig Jelinek

Employees in the company

156 000

Shares

443 M

Market Cap[1]

$ 411 B

EBITDA (LTM)

$ 8.6 B

P/E (LTM)

-

P/S (LTM)

-

EPS (LTM)

-

Costco Wholesale Corporation is a global retailer that operates a chain of membership-based warehouse clubs. The company was founded in 1976 and is headquartered in Issaquah, Washington. Costco operates over 800 warehouses in more than 10 countries, including the United States, Canada, and the United Kingdom.

Costco's mission is to provide its members with high-quality merchandise at the lowest possible prices. The company offers a wide range of products, including groceries, electronics, appliances, clothing, and home goods. Costco's business model is based on bulk purchasing and selling, which allows it to offer its members significant savings on their purchases.

In addition to its retail operations, Costco is also committed to being a responsible corporate citizen. The company has implemented several sustainability initiatives, including reducing its greenhouse gas emissions and implementing environmentally-friendly practices in its warehouses. Costco also supports charitable organizations and community initiatives through its Costco Charitable Contributions program.

One of the unique features of Costco is its membership program. Members pay an annual fee to access the company's warehouses and take advantage of its discounted prices. Costco's membership model has proven to be successful, as the company has a loyal customer base that values its low prices and high-quality products.

Overall, Costco is a successful and socially responsible company that is committed to providing its members with value and quality. Its focus on sustainability and community engagement sets it apart from other retailers, making it a popular choice for consumers around the world.

Other stocks of industry "Food retailing"

References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.