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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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Costco seems like a typical big-box general merchandise retailer on the surface, but its business model is unique. Higher net sales support this company's powerful scale advantages....
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Costco is a club-based retailer that has a robust and growing business. The membership fees the company collects provide a strong foundation for earnings....
Costco's membership model and low prices keep shoppers shopping. The giant retailer is opening stores at a steady pace in the U.S. and abroad....
Finding investment ideas can be as simple as looking at the places where you spend your money. Costco's membership-based business model has supported its strong financial performance....
Costco's strong financial performance amid periods of macro headwinds is encouraging. The stock trades now at one of its highest P/E ratios ever....
Costco is one of the best-run retailers and can probably maintain its current growth pace for decades. Profit growth remains strong, but the pace of revenue increases has slowed from past years....
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Despite some headwind macro signals, such as decreased GDP growth and downward jobs data revisions, expectations are still high for the stock market by the end of 2024, making it an ideal time to iden...
