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 (NASDAQ: COST) operates a global network of warehouse clubs, providing members with competitively priced bulk goods across diverse categories. This news hub tracks the company's latest financial developments, operational milestones, and strategic initiatives essential for informed decision-making.
Investors and analysts will find timely updates on earnings reports, executive announcements, supply chain innovations, and international expansion efforts. The curated collection combines official press releases with third-party analysis to offer balanced perspectives on Costco's market position and performance.
Key coverage areas include quarterly financial results, membership model enhancements, e-commerce growth strategies, and sustainability initiatives. All content is verified for accuracy and relevance to ensure users access reliable information aligned with their research needs.
Bookmark this page for continuous access to Costco's evolving business narrative. Check back regularly for updates that impact investment considerations and retail industry trends.
Costco Wholesale (COST) has announced a quarterly cash dividend of $1.16 per share, payable on February 21, 2025, to shareholders of record as of February 7, 2025.
The company currently operates 897 warehouses globally, with the following distribution: 617 in the United States and Puerto Rico, 109 in Canada, 41 in Mexico, 36 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, 7 in China, 5 in Spain, 2 in France, and 1 each in Iceland, New Zealand, and Sweden. Costco maintains e-commerce operations in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, and Australia.
Costco (COST) reported strong December 2024 performance with net sales of $27.52 billion, marking a 9.9% increase from $25.03 billion in the previous year. The company's first eighteen weeks saw net sales reach $94.04 billion, up 8.0% year-over-year.
Comparable sales showed robust growth across regions, with the U.S. leading at 9.3% for the 5-week period. Notably, e-commerce sales surged by 34.4%, benefiting from a 15 percentage point boost due to the timing shift of Thanksgiving/Black Friday/Cyber Monday sales.
Excluding gasoline prices and foreign exchange impacts, total company comparable sales grew 9.9% for the 5-week period and 7.7% for the 18-week period. Costco currently operates 897 warehouses globally, with e-commerce presence in eight countries.
Costco (COST) reported strong first-quarter fiscal 2025 results with net sales increasing 7.5% to $60.99 billion from $56.72 billion year-over-year. Net income rose to $1,798 million ($4.04 per diluted share) from $1,589 million ($3.58 per diluted share) last year, including a tax benefit of $100 million ($0.22 per share) related to stock-based compensation.
Comparable sales showed positive growth across all regions: U.S. (5.2%), Canada (5.8%), and Other International (4.7%), with adjusted total company growth at 7.1%. E-commerce sales demonstrated robust growth of 13.0%. The company currently operates 897 warehouses globally across 13 countries and maintains e-commerce operations in 8 markets.
Costco Wholesale (NASDAQ: COST) reported net sales of $21.87 billion for November 2024, marking a 5.6% increase from $20.71 billion last year. The company's first-quarter net sales reached $60.99 billion, up 7.5% year-over-year.
Total company comparable sales grew 3.1% over 4 weeks, with U.S. sales up 3.4%, Canada up 3.7%, and Other International up 1.3%. E-commerce sales declined 3.1%, impacted by an estimated 15 percentage point decrease due to the later timing of Thanksgiving/Black Friday/Cyber Monday events.
Excluding gasoline prices and foreign exchange impacts, comparable sales showed stronger growth: U.S. (4.3%), Canada (5.7%), and Other International (7.3%). Costco currently operates 897 warehouses globally, with e-commerce presence in eight countries.
Costco (COST) reported net sales of $20.03 billion for October 2024, showing a 7.2% increase from $18.68 billion last year. The first nine weeks' sales reached $44.65 billion, up 8.0% year-over-year. Total company comparable sales grew 5.1% for the 4-week period and 5.9% for the 9-week period. E-commerce showed strong performance with 19.3% and 21.2% growth for the respective periods. October results were negatively impacted by sales pull-forward due to September's hurricanes and port strikes, affecting total and comparable sales by over 1% in the U.S. and slightly less worldwide.
Peloton Interactive, Inc. (NASDAQ: PTON) and Costco (NASDAQ: COST) have announced a partnership to sell the Peloton Bike+ in 300 US Costco stores and on Costco.com during the holiday season. Starting November 1, Costco members can purchase an exclusive Bike+ bundle through February 15, 2025, or while supplies last. This marks Peloton's first seasonal retail collaboration in the United States.
The Peloton Bike+ will be self-assembly and is expected to retail for $1,999 in-store and $2,199 online (including delivery), with a 48-month extended warranty. The required All-Access Membership, priced at $44 USD/month, provides unlimited access to Peloton's content library with 16 modalities.
This partnership allows Peloton to expand its third-party retail relationships and create exposure among Costco's 136 million loyal members during the important holiday season.
Costco Wholesale (Nasdaq: COST) reported net sales of $24.62 billion for September 2024, a 9.0% increase from $22.59 billion last year. Comparable sales showed growth across all regions, with total company comparable sales at 6.7% and e-commerce sales surging 22.9%. Excluding impacts from gasoline prices and foreign exchange, total company comparable sales were 8.9%.
The company noted that sales benefited from increased consumer activity due to Hurricane Helene and port strikes, boosting U.S. sales by approximately 2% and worldwide sales by 1.5%. Costco currently operates 891 warehouses globally and e-commerce sites in eight countries.
Costco Wholesale (Nasdaq: COST) reported its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. Fourth-quarter net sales were $78.2 billion, a 1.0% increase from $77.4 billion in the 17-week fourth quarter of 2023. Fiscal year net sales reached $249.6 billion, up 5.0% from $237.7 billion in the 53-week fiscal year 2023. Comparable sales for the 16 weeks were up 5.4% (U.S. 5.3%, Canada 5.5%, International 5.7%, E-commerce 18.9%). Net income for the fourth quarter was $2.354 billion, $5.29 per diluted share, compared to $2.160 billion, $4.86 per diluted share, in the 17-week fourth quarter last year. Fiscal year net income was $7.367 billion, $16.56 per diluted share, compared to $6.292 billion, $14.16 per diluted share, in the prior year. The results included a $63 million net non-recurring tax benefit. Costco operates 891 warehouses globally and e-commerce sites in multiple countries.
Costco Wholesale (Nasdaq: COST) reported net sales of $19.83 billion for August 2024, a 7.1% increase from last year. The company's fourth-quarter net sales reached $78.2 billion, up 1.0% year-over-year, while fiscal year 2024 net sales totaled $249.6 billion, a 5.0% increase from 2023.
Comparable sales for August showed strong growth, with total company sales up 5.0% and e-commerce sales surging 22.9%. Excluding impacts from gasoline prices and foreign exchange, total company comparable sales rose 7.1% for the month. Costco now operates 890 warehouses globally, with a significant presence in the U.S., Canada, and international markets.
Costco Wholesale (Nasdaq: COST) reported net sales of $19.26 billion for July 2024, a 7.1% increase from last year. The company's 48-week net sales reached $229.81 billion, also up 7.1% year-over-year. Notably, e-commerce sales surged by 20.2% for the month and 15.6% for the 48-week period. Comparable sales, excluding gasoline prices and foreign exchange impacts, showed strong growth across all regions, with Canada leading at 10.2% for the month. Costco currently operates 884 warehouses globally, with a significant presence in the United States, Canada, and various international markets.
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