Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, deli, and produces; and apparel and small appliances. It also operates gas stations, pharmacies, optical dispensing centers, food courts, and hearing-aid centers; and engages in the travel business. In addition, the company provides gold star individual and business membership services. As of September 2, 2018, it operated 762 membership warehouses, including 527 warehouses in the United States, 100 in Canada, 39 in Mexico, 28 in the United Kingdom, 26 in Japan, 15 in Korea, 13 in Taiwan, 10 in Australia, 2 in Spain, 1 in Iceland, and 1 in France. Further, the company sells its products through online. The company was formerly known as Costco Companies, Inc. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Variety stores
Sub-IndustryHypermarkets & Super Centers
SectorRetail/Wholesale
Current SymbolNASDAQ:COST
Previous Symbol
CUSIP22160K10
Phone425-313-8100
Debt
Debt-to-Equity Ratio0.50
Current Ratio1.02
Quick Ratio0.46
Price-To-Earnings
Trailing P/E Ratio32.06
Forward P/E Ratio28.46
P/E Growth2.81
Sales & Book Value
Annual Sales$141.58 billion
Price / Sales0.68
Cash Flow$10.1284 per share
Price / Cash21.58
Book Value$29.88 per share
Price / Book7.31
Profitability
EPS (Most Recent Fiscal Year)$6.83
Net Income$3.13 billion
Net Margins2.21%
Return on Equity24.67%
Return on Assets7.62%
Miscellaneous
Employees245,000
Outstanding Shares438,210,000
Market Cap$96.10 billion
OptionableOptionable
Costco Wholesale (NASDAQ:COST) Frequently Asked Questions
What is Costco Wholesale's stock symbol?
Costco Wholesale trades on the NASDAQ under the ticker symbol "COST."
How often does Costco Wholesale pay dividends? What is the dividend yield for Costco Wholesale?
Costco Wholesale declared a quarterly dividend on Wednesday, October 24th. Stockholders of record on Friday, November 9th will be paid a dividend of $0.57 per share on Friday, November 23rd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Thursday, November 8th. View Costco Wholesale's Dividend History.
How were Costco Wholesale's earnings last quarter?
Costco Wholesale Co. (NASDAQ:COST) announced its quarterly earnings results on Thursday, October, 4th. The retailer reported $2.36 EPS for the quarter, beating the consensus estimate of $2.34 by $0.02. The retailer earned $44.41 billion during the quarter, compared to the consensus estimate of $44.17 billion. Costco Wholesale had a net margin of 2.21% and a return on equity of 24.67%. The business's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.08 earnings per share. View Costco Wholesale's Earnings History.
When is Costco Wholesale's next earnings date?
How can I listen to Costco Wholesale's earnings call?
Costco Wholesale will be holding an earnings conference call on Thursday, December 13th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for COST?
25 equities research analysts have issued 12-month target prices for Costco Wholesale's stock. Their forecasts range from $175.00 to $265.00. On average, they anticipate Costco Wholesale's stock price to reach $238.70 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for Costco Wholesale.
What is the consensus analysts' recommendation for Costco Wholesale?
25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 7 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Costco Wholesale.
What are Wall Street analysts saying about Costco Wholesale stock?
Here are some recent quotes from research analysts about Costco Wholesale stock:
- 1. According to Zacks Investment Research, "Costco continues to be one of the dominant retail wholesalers based on the breadth and quality of merchandise offered. The stock, which has outpaced the industry in the past six months, has been gaining from sturdy comps performance and upbeat results. Notably, comps for the month of August rose 9.2%. Meanwhile, net sales for fourth-quarter fiscal 2018 grew 5%, while comps improved 9.5%. Certainly, Costco seems somewhat unfazed by tough retail scenario, comprising soft store traffic and inclination toward online shopping. Moreover, we believe growth strategies, increase in membership fees and sturdy e-commerce sales bode well for the stock. E-commerce comparable sales grew 23.8% in the month of August and 26.2% in the final quarter. However, analysts pointed that any incremental investments or aggressive pricing strategy may hurt margins. Further, we note that SG&A expenses and merchandise costs have been increasing." (10/4/2018)
- 2. <" (12/4/2017)
How were Costco Wholesale's same store sales last quarter?
Costco Wholesale same store sales rose 8.6% during the month of October. Costco Wholesale stock rose by 0% in the first full-day of trading following the report.
Has Costco Wholesale been receiving favorable news coverage?
Media stories about COST stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Costco Wholesale earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned news headlines about the retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Costco Wholesale's key competitors?
Some companies that are related to Costco Wholesale include Walmart (WMT), Target (TGT), Dollar General (DG), Dollar Tree (DLTR), Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES), Fred's (FRED) and Wal-mart de Mexico S A B de C V (WMMVY).
Who are Costco Wholesale's key executives?
Costco Wholesale's management team includes the folowing people:
- Mr. W. Craig Jelinek, Pres, CEO & Director (Age 66)
- Mr. James D. Sinegal, Co-Founder & Director (Age 82)
- Mr. Richard A. Galanti, Exec. VP, CFO & Director (Age 62)
- Mr. Paul G. Moulton, Exec. VP & Chief Information Officer (Age 67)
- Mr. Joseph P. Portera, Exec. VP, COO of Eastern & Canadian Divisions and Chief Diversity Officer (Age 66)
Who are Costco Wholesale's major shareholders?
Costco Wholesale's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.40%), Capital Research Global Investors (2.50%), FMR LLC (2.42%), Capital World Investors (2.26%), Jennison Associates LLC (1.46%) and Bank of New York Mellon Corp (1.26%). Company insiders that own Costco Wholesale stock include Daniel M Hines, David S Petterson, Dennis R Zook, Franz E Lazarus, James D Sinegal, James P Murphy, John D Mckay, John W Meisenbach, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, Timothy L Rose and W Craig Jelinek. View Institutional Ownership Trends for Costco Wholesale.
Which major investors are selling Costco Wholesale stock?
COST stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Mitsubishi UFJ Trust & Banking Corp, Alliancebernstein L.P., Bank of Montreal Can, The Manufacturers Life Insurance Company , American Century Companies Inc., Mackenzie Financial Corp and Sarasin & Partners LLP. Company insiders that have sold Costco Wholesale company stock in the last year include Daniel M Hines, Franz E Lazarus, James D Sinegal, James P Murphy, John W Meisenbach, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, Timothy L Rose and W Craig Jelinek. View Insider Buying and Selling for Costco Wholesale.
Which major investors are buying Costco Wholesale stock?
COST stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, AQR Capital Management LLC, Capital World Investors, BlackRock Inc., Rehmann Capital Advisory Group, Capital International Investors, Canada Pension Plan Investment Board and PNC Financial Services Group Inc.. View Insider Buying and Selling for Costco Wholesale.
How do I buy shares of Costco Wholesale?
Shares of COST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Costco Wholesale's stock price today?
One share of COST stock can currently be purchased for approximately $218.57.
How big of a company is Costco Wholesale?
Costco Wholesale has a market capitalization of $100.24 billion and generates $141.58 billion in revenue each year. The retailer earns $3.13 billion in net income (profit) each year or $6.83 on an earnings per share basis. Costco Wholesale employs 245,000 workers across the globe.
What is Costco Wholesale's official website?
How can I contact Costco Wholesale?
Costco Wholesale's mailing address is 999 LAKE DRIVE, ISSAQUAH WA, 98027. The retailer can be reached via phone at 425-313-8100 or via email at [email protected]
MarketBeat Community Rating for Costco Wholesale (NASDAQ COST)
MarketBeat's community ratings are surveys of what our community members think about Costco Wholesale and other stocks. Vote "Outperform" if you believe COST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COST will underperform the S&P 500 over the long term. You may vote once every thirty days.
