Profile: Costco Wholesale Corp (COST.OQ)
26 May 2017
Costco Wholesale Corporation, incorporated on May 12, 1987, is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world. The Company's average warehouse space is approximately 144,000 square feet. The Company's warehouses on average operate on a seven-day, 70-hour week. The Company offers merchandise in various categories, which include foods (including dry foods, packaged foods and groceries); sundries (including snack foods, candy, alcoholic and nonalcoholic beverages, and cleaning supplies); hardlines (including appliances, electronics, health and beauty aids, hardware, and garden and patio); fresh foods (including meat, produce, deli and bakery); softlines (including apparel and small appliances), and other (including gas stations and pharmacy).
The Company sells gasoline in various countries except Mexico, Korea and Taiwan. As of August 28, 2016, the Company operated 508 gas stations. Its ancillary businesses include optical dispensing centers, food courts and hearing-aid centers. Its online businesses, which include e-commerce, business delivery, and travel, operate Websites in various countries except Japan, Australia and Spain.
The Company competes with Wal-Mart, Target, Kroger, Amazon.com and BJ's Wholesale Club.
Costco Wholesale Corp
999 Lake Dr
ISSAQUAH WA 98027-8990
Company Web Links
- Costco's profit boosted by higher membership fees, strong U.S. sales
- UPDATE 1-Costco's profit boosted by higher membership fees, strong US sales
- Costco quarterly comparable sales top estimates
- BRIEF-Costco Wholesale Corp Q3 earnings per share $1.59
- BRIEF-Fruta Fruta starts to sell Acai products in stores of Costco Wholesale Taiwan