Company

Costco

Official Name: Costco Wholesale Corporation

Headquarters: Issaquah, WA, United States

Founded: July 12, 1976

Employees: 288,000

CEO: Mr. W. Craig Jelinek

NASDAQ: COST -0.82%

Market Cap

$392.65 Billion

USD as of July 1, 2024

Market Cap History

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.

Costco market capitalization over time

Evolution of Costco Wholesale Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Costco Wholesale Corporation

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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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)

Details

Headquarters:

999 Lake Drive

Issaquah, WA 98027

United States

Phone: 425 313 8100