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Costco Wholesale Corp

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Company Profile

Business Description

The leading warehouse club, Costco has 782 stores worldwide (at the end of fiscal 2019), with most of its sales derived in the United States (73%) and Canada (14%) and a large presence in Mexico, the United Kingdom, and Japan. It sells memberships that allow customers to shop in its warehouses, which feature low prices on a limited product assortment. Costco mainly caters to individual shoppers, but roughly 20% of paid members carry business memberships. Food and sundries accounted for 40% of fiscal 2019 sales, with ancillary businesses (such as fuel and pharmacy) 19%, hardlines just over 16%, fresh food 13%, and softlines 11%. Costco’s warehouses average around 146,000 square feet; over 75% of its locations offer fuel. About 4% of Costco’s global sales come from the e-commerce channel.

Contact
999 Lake Drive
Issaquah, WA, 98027
T +1 425 313-8100
Sector Consumer Defensive
Industry Discount Stores
Most Recent Earnings Feb 29, 2020
Fiscal Year End Sep 1, 2020
Stock Type Classic Growth
Employees 254,000

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