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.
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Industry, Sector and Symbol
Industry Variety stores
Sub-IndustryHypermarkets & Super Centers
SectorRetail/Wholesale
Phone425-313-8100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$141.58 billion
Profitability
Miscellaneous
Employees245,000
Next Earnings Date10/3/2019 (Estimated)
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 announced a quarterly dividend on Tuesday, August 13th. Investors of record on Friday, August 30th will be given a dividend of $0.65 per share on Friday, September 13th. This represents a $2.60 annualized dividend and a yield of 0.95%. The ex-dividend date is Thursday, August 29th. View Costco Wholesale's Dividend History.
How will Costco Wholesale's stock buyback program work?
Costco Wholesale declared that its Board of Directors has initiated a stock buyback program on Friday, April 26th 2019, which permits the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.
How were Costco Wholesale's earnings last quarter?
Costco Wholesale Co. (NASDAQ:COST) posted its quarterly earnings results on Thursday, May, 30th. The retailer reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.83 by $0.06. The retailer earned $34.74 billion during the quarter, compared to the consensus estimate of $34.72 billion. Costco Wholesale had a net margin of 2.41% and a return on equity of 25.03%. The business's revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.70 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, October 3rd 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?
23 brokers have issued twelve-month target prices for Costco Wholesale's shares. Their forecasts range from $230.00 to $300.00. On average, they anticipate Costco Wholesale's share price to reach $265.7571 in the next year. This suggests that the stock has a possible downside of 3.0%. View Analyst Price Targets for Costco Wholesale.
What is the consensus analysts' recommendation for Costco Wholesale?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 7 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Costco Wholesale.
How were Costco Wholesale's same store sales last quarter?
Costco Wholesale same store sales climbed 5.6% in the month of July. Costco Wholesale stock rose by 0% in the first full-day of trading following the news.
Has Costco Wholesale been receiving favorable news coverage?
Headlines about COST stock have been trending negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Costco Wholesale earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave media coverage about the retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Costco Wholesale.
Who are some of Costco Wholesale's key competitors?
Some companies that are related to Costco Wholesale include Walmart (WMT), Wal-mart de Mexico S A B de C V (WMMVY), Target (TGT), Dollar General (DG), Dollar Tree (DLTR), Tesco (TSCDY), Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).
What other stocks do shareholders of Costco Wholesale own?
Who are Costco Wholesale's key executives?
Costco Wholesale's management team includes the folowing people:
- Mr. W. Craig Jelinek, Pres, CEO & Director (Age 67)
- Mr. Richard A. Galanti, Exec. VP, CFO & Director (Age 63)
- Mr. Paul G. Moulton, Exec. VP & Chief Information Officer (Age 68)
- Mr. Joseph P. Portera, Exec. VP, COO of Eastern & Canadian Divisions and Chief Diversity Officer (Age 67)
- Mr. James P. Murphy, Exec. VP & COO of International (Age 66)
Who are Costco Wholesale's major shareholders?
Costco Wholesale's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.49%), BlackRock Inc. (6.23%), Northern Trust Corp (1.45%), Jennison Associates LLC (1.38%), Bank of New York Mellon Corp (1.12%) and Invesco Ltd. (1.10%). Company insiders that own Costco Wholesale stock include Daniel M Hines, Dennis R Zook, Franz E Lazarus, James C Klauer, James D Sinegal, James P Murphy, John D Mckay, John W Meisenbach, Patrick J Callans, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, Susan L Decker, 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 AQR Capital Management LLC, Grantham Mayo Van Otterloo & Co. LLC, Jennison Associates LLC, Janus Henderson Group PLC, Brown Advisory Inc., Bank of New York Mellon Corp, Canada Pension Plan Investment Board and Cibc World Markets Corp. Company insiders that have sold Costco Wholesale company stock in the last year include Franz E Lazarus, James C Klauer, James P Murphy, John W Meisenbach, Patrick J Callans, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Susan L Decker and W Craig Jelinek. View Insider Buying and Selling for Costco Wholesale.
Which major investors are buying Costco Wholesale stock?
COST stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Parnassus Investments CA, Thoroughbred Financial Services LLC, Nomura Holdings Inc., Vanguard Group Inc., Morgan Stanley, Invesco Ltd. and Toronto Dominion Bank. 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 $274.10.
How big of a company is Costco Wholesale?
Costco Wholesale has a market capitalization of $120.55 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.View Additional Information About Costco Wholesale.
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.
