Costco is a membership-only warehouse club that provides a wide selection of merchandise at substantially lower prices than are typically found at conventional wholesale or retail sources. The warehouses are designed to help small-to-medium-sized businesses reduce costs in purchasing for resale and for everyday business use. Individuals may also purchase for their personal needs. Costco's warehouses present a broad product category selections including groceries, candy, appliances, television and media, automotive supplies, tires, toys, hardware, sporting goods, jewelry, watches, cameras, books, housewares, apparel, health and beauty aids, tobacco, furniture, office supplies and office equipment. 

Type
Public
HQ
Issaquah, US
Founded
1983
Size (employees)
133,000 (est)
Website
costco.com
Costco was founded in 1983 and is headquartered in Issaquah, US
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Key People/Management at Costco

Craig Jelinek

Craig Jelinek

President, Chief Executive Officer, Director
Jeffrey Brotman

Jeffrey Brotman

Chairman of the Board, Co-Founder
John McKay

John McKay

Executive Vice President, Chief Operating Officer
Joseph Portera

Joseph Portera

Executive Vice President, Chief Operating Officer
Dennis Zook

Dennis Zook

Executive Vice President, Chief Operating Officer
James Murphy

James Murphy

Executive Vice President, International
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Costco Office Locations

Costco has an office in Issaquah
Issaquah, US (HQ)
999 Lake Drive
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Costco Financials and Metrics

Costco Financials

Costco's revenue was reported to be $118.72 b in FY, 2016 which is a 2.2% increase from the previous period.
USD

Revenue (Q2, 2018)

29.8 b

Net income (Q2, 2018)

521 m

EBIT (Q2, 2018)

844 m

Market capitalization (20-Apr-2018)

85.5 b

Cash (2-Dec-2017)

4.7 b
Costco's current market capitalization is $85.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

105.2 b112.6 b116.2 b118.7 b

Revenue growth, %

7%3%2%

Cost of goods sold

91.9 b98.5 b101.1 b102.9 b

Gross profit

13.2 b14.2 b15.1 b15.8 b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

26.3 b25.8 b26.9 b27.5 b26.1 b27.2 b28.2 b26.8 b28.1 b28.9 b31.8 b29.8 b

General and administrative expense

2.5 b2.5 b2.7 b2.7 b2.6 b2.8 b2.8 b2.7 b2.9 b2.9 b3.2 b3 b

Operating expense total

2.5 b2.5 b2.7 b2.7 b2.6 b2.8 b2.8 b2.7 b2.9 b2.9 b3.2 b3 b

EBIT

724 m737 m770 m877 m821 m767 m856 m858 m849 m968 m951 m844 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

4.6 b5.7 b4.8 b3.4 b4.5 b

Accounts Receivable

1.2 b1.1 b1.2 b1.3 b

Inventories

7.9 b8.5 b8.9 b9 b

Current Assets

15.8 b17.6 b16.8 b15.2 b17.3 b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

4.7 b5.1 b5.7 b6 b5.9 b5.1 b5.1 b3.6 b4.9 b4.8 b4.5 b5.7 b4.7 b

Current Assets

17.5 b16.6 b17.5 b19.2 b18.1 b17.6 b18.9 b15.5 b16.5 b18.6 b17.3 b19.9 b17.5 b

Total Assets

32.3 b31.6 b32.7 b34.6 b33.6 b33.5 b35.5 b32.4 b33.9 b36.5 b35.6 b39.4 b35.6 b

Accounts Payable

9.2 b7.7 b8.4 b9.8 b8.3 b8.9 b10.4 b8.2 b8.8 b11 b9.4 b12 b8.8 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

2.1 b2.1 b2.4 b2.4 b706 m

Depreciation and Amortization

946 m1 b1.1 b1.3 b

Inventories

(898 m)(563 m)(890 m)(25 m)

Accounts Payable

718 m529 m880 m(1.5 b)9.6 b
Quarterly
USDQ1, 2014Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

505 m607 m519 m487 m555 m549 m555 m706 m521 m

Depreciation and Amortization

231 m335 m

Accounts Payable

1.3 b9.8 b8.3 b8.9 b10.4 b8.2 b8.8 b11 b9.4 b2.1 b8.8 b

Cash From Operating Activities

939 m2 b
USDY, 2017

Revenue/Employee

223.8 k

Financial Leverage

2.8 x
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Costco Operating Metrics

Costco's Stores was reported to be 729 in Q3, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Gas Stations

445 472 508

Paying Members

42 m42.50 m43.20 m43.70 m44.60 m45.40 m46.10 m46.90 k47.60 m47.90 m48.30 m48.60 m

SKUs Offered

3.70 k3.70 k3.70 k

Stores

663 686 697 698 705 715 723 727 729
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Costco News and Updates

Employees explain how to read the price tags at Costco to get the best deal

Costco price tags sometimes reveal hidden deals. Look for Costco prices tags that end in .97, .88, .00 — or ones that feature asterisks. These denote products that have been marked down or won't be restocked. Costco price tags occasionally reveal deals that are hidden in plain sight. Business In…

Costco employees share their 9 best hacks for getting an even better deal

• Costco deals are a great way to save money — but they're not always obvious. • Business Insider asked Costco employees to share their top tips for saving money and making the most of your experience at the store. • From learning how to navigate the store to figuring out how to identify clearance …

Costco workers reveal 14 things they'd never buy from the store

Costco products are famous for being bulk-sized and cost-effective. Business Insider reached out to Costco employees to find out what items they would never buy at the store. Most workers cited the chain's bulk sizes as the reason they'd skip over certain products — especially perishables. Costc…

We compared Costco's hugely popular food-court pizza to Sam's Club's — and the winner is clear (COST)

Costco is technically one of the largest pizza chains in the country, and Sam's Club isn't far behind. Both chains' food-court pizzas are extremely popular with shoppers.   We compared both and found Costco's to be substantially more satisfying.  At one of the largest pizza chains in the Unite…

Costco offers some of the best deals in the retail industry — here are 7 ways the store keeps prices dirt cheap (COST)

Costco's membership deals are a crucial part of why its prices are so low — but that's not the only reason why Costco is so cheap.   The retailer's business model depends on its ability to offer dirt-cheap prices on everything from golf balls to toilet paper.  Costco uses strategies including cu…
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