Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward- looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. In some cases forward-looking statements can be identified because they contain words such as "anticipate," "believe,"
"predict," "project," "seek," "should," "target," "will," "would," or similar expressions and the negatives of those terms. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, inflation or deflation, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health-care costs), energy and certain commodities, geopolitical conditions (including tariffs and the Ukraine conflict), the ability to maintain effective internal control over financial reporting, regulatory and other impacts related to climate change, public-health related factors, and other risks identified from time to time in the Company's public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements, except as required by law. Comparable sales and comparable sales excluding impacts from changes in gasoline prices and foreign exchange are intended as supplemental information and are not a substitute for net sales presented in accordance with GAAP.
Eau Claire, WI
Shenzhen, CHN
Southfield, MI
(Detroit) (Bus. Ctr)
Anchorage, AK (Bus. Ctr)
Costco Today
Q2-end (February 18, 2024)
3rd Largest Global retailer
12th Largest in Fortune 500
$321 Billion market cap
Costco Today
Q2-end (February 18, 2024)
Sales $244B (LTM)
128M Sq. Ft. (147K / whse.)
316K employees worldwide
Costco Today
Q2-end (February 18, 2024)
874 Warehouses Worldwide
602
- U.S.
14
- Taiwan
108
- CN
6 - China
40
- Mexico
4
- Spain
33
- Japan
2
- France
29
- UK
1 - Iceland
18
- Korea
1
- New Zealand
15
- Australia
1
- Sweden
Costco Today
Members:
73.4M households
132M total cardholders
92.9% renewal rate (U.S. & CN)
$4.7B in membership fees (LTM)
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Costco Wholesale Corporation published this content on
18 February 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
08 March 2024 23:52:03 UTC.
Costco Wholesale Corporation specializes in the distribution of products and services at discount prices (food, sports equipment, household appliances, books, toys, jewelry, TVs, cameras, photo developing and printing services, etc.). The group develops its activity through a network of warehouse stores opened to individuals or companies who have paid a subscription fee. Net sales break down by revenue source as follows:
- sales of products (98.1%);
- sales of subscriptions (1.9%).
As of 03/09/2023, Costco Wholesale Corporation had a network of 861 warehouse stores located in the United States and Puerto Rico (591), Canada (107), Mexico (40), Japan (33), the United Kingdom (29), Korea (18), Australia (15), Taiwan (14), China (5), Spain (4), France (2), Sweden, New Zealand and Iceland.
Net sales are distributed geographically as follows: the United States (72.9%), Canada (13.6%) and other (13.5%).