Costco Wholesale Corp - Company Profile
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Costco Wholesale Corp (Costco) owns and operates a chain of membership warehouses. These warehouses offer various products such as groceries, candy, appliances, tires, toys, hardware, automotive supplies, sporting goods, jewelry, watches, garden and patio. It also provides baby products, tickets, health and beauty aids, housewares, apparel, furniture, office supplies, domestics, postage, produce, meat, deli, sea food, and bakery products. It also owns and operates various self-service gas stations. The company also manages pharmacies, optical dispensing centers, food courts, gas stations, and hearing-aid centers and provides tire installation services. It operates membership warehouses in Canada, the US, Puerto Rico, the UK, South Korea, Mexico, Japan, Spain, France, Taiwan, Australia, Iceland, and China. Costco is headquartered in Issaquah, Washington, the US.
Headquarters
United States of America
Address
999 Lake Dr, Issaquah, Washington, 98027-
Website
www.costco.com
Telephone
1 425 3138100
No of Employees
316,000
Industry
Retailing
Ticker Symbol & Exchange
COST (NASD)
Revenue (2022)
$242.3B
6.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
7.7%
(2022 vs 2021)
Market Cap*
$317.2B
Net Profit Margin (2022)
XYZ
1.2%
(2022 vs 2021)
* As of and is in US$
Costco Wholesale Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electronics Appliances | Insurance Services | Kirkland Signature |
| Automotive Supplies | Gasoline Stations | |
| Tires | Pharmacy | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In January, the company opened a new store in Shenzhen, China. |
| 2024 | Contracts/Agreements | In January, the company entered into a partnership with Crafty Counter to present Crafty Counter's product line at three Costco roadshows across the US. |
| 2024 | Corporate Changes/Expansions | In January, the company opened a new business center in Anchorage, Alaska, the US. |
Competitor Comparison
| Key Parameters | Costco Wholesale Corp | Walmart Inc | Amazon.com Inc | The Kroger Co | Target Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Issaquah | Bentonville | Seattle | Cincinnati | Minneapolis |
| State/Province | Washington | Arkansas | Washington | Ohio | Minnesota |
| No. of Employees | 316,000 | 2,100,000 | 1,525,000 | 430,000 | 440,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ron M. Vachris | President; Director; Chief Executive Officer | Executive Board | 2024 | 58 |
| Gary Millerchip | Chief Financial Officer; Executive Vice President | Senior Management | 2024 | - |
| Hamilton E. James | Chairman | Non Executive Board | 2017 | 72 |
| Darby Greek | General Manager - Texas Region; Senior Vice President | Senior Management | - | - |
| Sheri Flies | Senior Vice President - Global Sustainability and Compliance | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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