Welcome to our dedicated page for Costco Whsl news (Ticker: COST), a resource for investors and traders seeking the latest updates and insights on Costco Whsl stock.
Costco Wholesale Corporation (COST) is a membership-based warehouse retailer in the All Other General Merchandise Stores industry. Its news flow is driven by regular sales updates, quarterly and annual operating results, governance developments, and capital allocation decisions. Investors and analysts follow Costco news to understand trends in warehouse performance, membership economics, and digitally-enabled sales across its U.S., Canadian, and international segments.
Costco issues frequent press releases detailing monthly net sales for specific retail months, comparable sales by geography, and growth in digitally-enabled or e-commerce activity. These updates often include separate metrics that exclude the impacts of changes in gasoline prices and foreign exchange, providing additional context beyond headline net sales figures. The company also publishes quarterly and full-year operating results, accompanied by consolidated financial statements and commentary on revenue, expenses, and cash flows.
Beyond sales and earnings, Costco news includes announcements about quarterly cash dividends on its common stock, board-level actions, and executive matters. Recent releases have covered dividend declarations, the nomination of new directors to the Board, and changes in senior executive roles. These items help market participants track Costco’s governance, leadership, and approach to shareholder returns.
This COST news page on Stock Titan aggregates these company-issued updates into a single feed, allowing readers to review monthly sales reports, fiscal quarter and year results, dividend announcements, and governance-related disclosures in one place. By monitoring this stream of information, users can see how Costco’s warehouse footprint, membership model, and digitally-enabled channels are reflected in its reported performance and corporate actions over time.
Costco Wholesale Corporation (COST) reported strong financial results for the second quarter of fiscal 2021, with net sales reaching $43.89 billion, a 14.7% increase from the previous year. For the first 24 weeks, net sales were $86.23 billion, up 15.8%. The company's net income for the quarter was $951 million or $2.14 per diluted share, slightly above last year's $931 million. E-commerce sales soared, with a 75.8% increase for the quarter. Costco now operates 804 warehouses globally, enhancing its market presence.
Costco Wholesale Corporation (COST) announced a significant rise in net sales for January 2021, reaching $13.64 billion, up 17.9% from $11.57 billion in January 2020. For the twenty-two weeks ending January 31, 2021, net sales totaled $79.11 billion, an increase of 15.4% from $68.56 billion in the same period last year. U.S. comparable sales rose 15.4% for the month and 12.8% year-to-date, with e-commerce sales skyrocketing by 106.7% in January.
Costco has declared a quarterly cash dividend of 70 cents per share, payable on February 19, 2021, to shareholders of record by February 5, 2021. The announcement highlights Costco's current operations, with 803 warehouses worldwide, including 558 in the U.S. and Puerto Rico. The Company emphasizes its commitment to shareholder value, making this dividend consistent with previous distributions.
Costco Wholesale Corporation (COST) announced a 12.3% year-over-year increase in net sales for December, totaling $19.14 billion. For the 18 weeks ending January 3, 2021, sales rose by 14.9% to $65.47 billion. Comparable sales in the U.S. grew by 9.6% for the five-week period and 12.2% over 18 weeks. Notably, e-commerce rose significantly by 62.5% and 75.2% during the respective periods. Costco operates 803 warehouses globally, with 558 in the U.S. and Puerto Rico.
Costco Wholesale Corporation (COST) reported significant growth in its first fiscal quarter 2021, ending November 22, 2020. Net sales surged 16.9% to $42.35 billion, up from $36.24 billion the previous year. Comparable sales increased across regions, with e-commerce sales soaring 86.4%. Net income rose to $1.166 billion or $2.62 per diluted share, boosted by tax benefits totaling $145 million. However, the quarter also included substantial COVID-19-related wage expenses of $212 million.
Costco Wholesale Corporation (COST) reported a strong performance for November 2020, achieving net sales of $15.67 billion, reflecting a 15.1% increase from the previous year. For the first quarter ending November 22, 2020, net sales reached $42.35 billion, up 16.9% year-over-year. Comparable sales growth was robust, with U.S. sales increasing 12.0% for four weeks and 14.6% for twelve weeks. E-commerce sales soared by 71.3% for four weeks, indicating strong online consumer demand. Costco operates 803 warehouses globally.
Costco has declared a special cash dividend of $10 per share, totaling approximately $4.4 billion, payable on December 11, 2020. Shareholders of record by December 2, 2020 will receive this dividend. This marks Costco's fourth special dividend in eight years, reflecting the company's strong balance sheet and commitment to rewarding shareholders while maintaining operational flexibility. Currently, Costco operates 802 warehouses globally and is well-positioned to enhance shareholder value in the long term.
Costco Wholesale Corporation (COST) reported strong financial results for October 2020, with net sales reaching $13.82 billion, a 15.9% increase compared to $11.92 billion last year. Over the nine weeks ending November 1, 2020, net sales were $30.66 billion, reflecting a 16.4% rise from $26.33 billion in the prior year. Comparable sales in the U.S. rose by 13.6% for four weeks and 14.1% for nine weeks. E-commerce sales surged by 91.1% in October. Costco operates 800 warehouses globally, continuing its robust expansion.
Costco Wholesale Corporation (Nasdaq: COST) declared a quarterly cash dividend of 70 cents per share, payable on November 13, 2020, to shareholders recorded by October 30, 2020. The company operates 796 warehouses worldwide, with the majority located in the U.S. and Puerto Rico. Costco's diverse presence includes warehouses in Canada, Mexico, the U.K., Japan, and more, alongside various e-commerce platforms. The company also highlighted potential risks in future operations, including economic conditions, competition, and COVID-19-related factors.
Costco Wholesale Corporation (COST) reported net sales of $16.84 billion for September, marking a 16.9% increase from $14.41 billion the previous year. U.S. comparable sales rose 14.5%, with Canada at 17.5% and other international sales at 18.5%. E-commerce sales surged by 90.3%. The sales boost was aided by holiday shifts such as Labor Day and Chuseok, contributing nearly 100 bps globally. As of now, Costco operates 796 warehouses worldwide.
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