Company
Costco
Official Name: Costco Wholesale Corporation
Headquarters: Issaquah, WA, United States
Founded: July 12, 1976
Employees: 288,000
CEO: Mr. W. Craig Jelinek
Market Cap
$287.69 Billion
USD as of Jan. 1, 2024
Company Description
Costco Wholesale Corporation, simply known as Costco, is a multinational company operating a chain of warehouse clubs. Costco sells a wide range of products including electronics, computers, furniture, outdoor living, appliances, jewelry, and more, with more than 750 warehouses in the US, Puerto Rico, Canada, Mexico, the UK, Japan, South Korea, Taiwan, Australia, Spain, Iceland, and France.
Top Competitors by Market Capitalization
Industry: Discount Stores
| Company | Market Cap (USD) |
|---|---|
| Walmart | $428.87 B |
| Wal-Mart de Mexico SAB de CV | $71.99 B |
| Target Corporation | $64.75 B |
| Dollar Tree, Inc. | $29.79 B |
| Dollar General Corporation | $29.58 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Walmart | $428.87 B |
| Procter & Gamble | $350.35 B |
| Kweichow Moutai | $299.54 B |
| L'Oréal | $262.20 B |
| Coca-Cola | $259.23 B |
Detailed Description
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company offers sundries, dry groceries, candies, coolers, freezers, liquor, and tobacco and deli products; appliances, electronics, health and beauty aids, hardware, garden and patio products, sporting goods, tires, toys and seasonal products, office supplies, automotive care products, postages, tickets, apparel, small appliances, furniture, domestics, housewares, special order kiosks, and jewelry; and meat, produce, service deli, and bakery products. It also operates pharmacies, opticals, food courts, hearing-aid centers, and tire installation centers, as well as 636 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of August 29, 2021, the company operated 815 membership warehouses, including 564 in the United States and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in South Korea, 14 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
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Stocks & Indices
Costco Wholesale Corporation has the following listings and related stock indices.
Stock: NASDAQ: COST wb_incandescent
Stock: BCBA: COST wb_incandescent
Stock: BMV: COST wb_incandescent
Stock: Bovespa: COWC34 wb_incandescent
Stock: BVS: COST wb_incandescent
Stock: FSX: CTO wb_incandescent
Stock: XETR: CTO wb_incandescent
Product & Services
MerchandiseCash & CarryWarehouse club
Key People
Founder(s): James Sinegal Jeffrey Brotman Sol Price Robert Price
Hamilton E. James (Chairman) W. Craig Jelinek (President and CEO)
Financials
Revenue: US$166.76 billion (2020)
Operating income: US$6.023 billion (2020)
Net income: US$4.002 billion (2020)
Total assets: US$45.40 billion (2019)
Total equity: US$15.24 billion (2019)