| Market Closed - Nasdaq Other stock markets |  | 5-day change | 1st Jan Change | |
| 681.25 USD | +3.40% | +9.20% | +49.23% | |
| Dec. 16 | S&P posts longest weekly winning streak since 2017 | RE |
| Dec. 15 | Consumer Cos Climb on Housing-Market Hopes -- Consumer Roundup | DJ |
Business Summary
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 28/08/2022, Costco Wholesale Corporation had a network of 838 warehouse stores located in the United States and Puerto Rico (578), Canada (105), Mexico (40), Japan (31), the United Kingdom (29), Korea (17), Taiwan (14), Australia (13), Spain (4), France (2), Iceland and China.
Net sales are distributed geographically as follows: the United States (72.8%), Canada (14%) and other (13.2%).
Number of employees : 316,000
Sales per Business
| USD in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Food and Sundries 40.5% | 85,629 | 38.4% | 96,175 | 40.5% | +12.32% |
Non-Foods 25.6% | 61,100 | 27.4% | 60,865 | 25.6% | -0.38% |
Warehouse Ancillary and Other 20.5% | 46,474 | 20.9% | 48,693 | 20.5% | +4.77% |
Fresh Foods 13.5% | 29,527 | 13.3% | 31,977 | 13.5% | +8.30% |
Sales per region
| USD in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
United States 72.9% | 165,294 | 72.8% | 176,630 | 72.9% | +6.86% |
Canada 13.6% | 31,675 | 14.0% | 33,056 | 13.6% | +4.36% |
Other International 13.5% | 29,985 | 13.2% | 32,604 | 13.5% | +8.73% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Walter Jelinek CEO | Chief Executive Officer | 71 | 1994 |
Roland Vachris PSD | President | 58 | 2009 |
Richard Galanti DFI | Director of Finance/CFO | 67 | 1993 |
Paul Moulton CTO | Chief Tech/Sci/R&D Officer | 72 | 2001 |
Patrick Callans ADM | Chief Administrative Officer | 61 | 2012 |
Williams Terry CTO | Chief Tech/Sci/R&D Officer | - | 2019 |
David Sherwood IRO | Public Communications Contact | - | - |
Robert Nelson TRE | Treasurer | - | - |
Richard Stephens PRN | Corporate Officer/Principal | - | - |
| Corporate Officer/Principal | - | 2017 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
John Stanton BRD | Director/Board Member | 68 | 2015 |
Charles Munger BRD | Director/Board Member | 99 | 1996 |
| Director/Board Member | 68 | 2015 | |
Walter Jelinek CEO | Chief Executive Officer | 71 | 1994 |
Ken Denman BRD | Director/Board Member | 64 | 2017 |
Jeffrey Raikes BRD | Director/Board Member | 65 | 2008 |
Richard Galanti DFI | Director of Finance/CFO | 67 | 1993 |
Tony James CHM | Chairman | 72 | 1988 |
Sue Decker BRD | Director/Board Member | 60 | 2004 |
Roland Vachris PSD | President | 58 | 2009 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 443,787,000 | 442,910,165 ( 99.80%) | 0 | 99.80% |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
Costco Wholesale UK Ltd. | Commercial Services - Miscellaneous Commercial Services |
Costco Wholesale Canada Ltd. | Retail Trade - Specialty Stores |
CWC Travel, Inc. | - |
Costco de México SA de CV | Retail Trade - Specialty Stores |
Costco Wholesale Taiwan, Inc. | Distribution Services - Wholesale Distributors |
Costco Wholesale Japan Ltd. | Distribution Services - Food Distributors |
Costco Wholesale Australia Pty Ltd. | Transportation - Other Transportation |
Costco Wholesale Spain SL | Retail Trade - Food Retail |
Costco Travel UK Ltd. | Consumer Services - Other Consumer Services |
Sales per Business
Sales per region
Trading Rating :
Investor Rating :
ESG Refinitiv :
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
38
Last Close Price
681.24USD
Average target price
642.94USD
Spread / Average Target
-5.62%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +49.23% | 292 B$ | |
| +0.50% | 69 983 M$ | |
| -48.80% | 28 530 M$ | |
| +17.87% | 18 950 M$ | |
| +31.43% | 14 161 M$ | |
| -0.17% | 8 764 M$ | |
| -34.38% | 8 044 M$ | |
| +35.96% | 7 145 M$ | |
| +51.41% | 4 236 M$ | |
| -33.55% | 3 799 M$ |
- Stock
- Equities
- Stock Costco Wholesale Corporation - Nasdaq
- Company Costco Wholesale Corporation
I'm a financial analyst and enthusiast with a deep understanding of the stock market and financial instruments. I've been actively following market trends, analyzing company performances, and staying abreast of economic indicators. My expertise extends to various sectors, including retail and consumer goods.
Now, diving into the information provided:
-
Market Performance:
- The article mentions that the market closed, specifically referring to Nasdaq, and provides data on the 5-day change and the change since the beginning of the year for the market index. As of December 18, 2023, the Nasdaq closed at 681.25 USD, with a 3.40% increase over the last 5 days, a 9.20% increase since the beginning of the year, and an impressive 49.23% change.
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Recent Market News:
- The article refers to a significant event on December 16, where the S&P posted its longest weekly winning streak since 2017. Additionally, on December 15, there was a report on Consumer Cos climbing on Housing-Market Hopes.
-
Company Overview:
- The main focus of the article is Costco Wholesale Corporation. It is highlighted as a company specializing in the distribution of products and services at discount prices. The company operates through a network of warehouse stores and generates revenue from product sales (98.1%) and subscription fees (1.9%).
-
Financial Performance:
- The financial data for Costco Wholesale Corporation indicates its net sales distribution by region, with 72.8% in the United States, 14% in Canada, and 13.2% in other international markets. There's also a breakdown of sales by business segment, showing growth percentages for different categories.
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Key Executives and Board Members:
- The article provides information about key executives and members of the board at Costco, including their titles, ages, and the year they joined the company.
-
Stock Information:
- Details about Costco's stock are included, such as the share class, vote quantity, free-float percentage, and contact information for the company.
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Group Companies:
- Costco's group companies are listed, each categorized by name, sector, and industry.
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Ratings and Consensus:
- The article includes trading ratings, investor ratings, and ESG (Environmental, Social, and Governance) ratings for Costco, along with analyst consensus information and the last close price.
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Sector Comparison:
- A sector comparison is provided, showing the 1st Jan change in market capitalization for various companies in the same sector as Costco Wholesale Corporation.
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Company Contact Information:
- The contact information for Costco Wholesale Corporation, including address and phone number, is available.
In conclusion, Costco's financial health, market performance, and executive leadership are thoroughly covered in the article, providing a comprehensive overview for investors and enthusiasts alike.
