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Costco Wholesale Corp - COST STOCK NEWS

Welcome to our dedicated news page for Costco Wholesale (Ticker: COST), a resource for investors and traders seeking the latest updates and insights on Costco Wholesale.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Costco Wholesale's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Costco Wholesale's position in the market.

Rhea-AI Summary
Costco reports 6.0% increase in net sales for September
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
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none
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Rhea-AI Summary
Costco announces operating results for Q4 and fiscal year 2023, with net sales increasing by 9.4% and 6.7% respectively. Net income for Q4 was $2.16 billion, compared to $1.868 billion last year. Costco currently operates 861 warehouses worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
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-
Rhea-AI Summary
Costco reports net sales of $18.42 billion for August, a 5.0% increase from last year. For the fiscal year, net sales are $232.95 billion, a 4.6% increase. Comparable sales show growth in all regions. E-commerce sales decline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
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none
Rhea-AI Summary
Costco announces the election of Helena Buonanno Foulkes to its Board of Directors. Foulkes brings extensive experience in retail, healthcare, and education. Costco currently operates 858 warehouses worldwide and has e-commerce sites in multiple countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
management
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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none
Rhea-AI Summary
Costco Wholesale Corporation reported net sales of $22.86 billion for the retail month of June, an increase of 0.4% compared to last year. For the forty-four weeks ended July 2, the company reported net sales of $196.93 billion, a 4.6% increase from the previous year. Comparable sales showed mixed results across regions, with the U.S. and Canada experiencing declines while other international markets saw growth. E-commerce sales also declined. Costco currently operates 855 warehouses worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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partnership
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Costco announces Q3 operating results with net sales increasing 1.9% to $52.60 billion. Net income for the quarter was $1.30 billion. Comparable sales for Q3 were as follows: U.S. -0.1%, Canada -1.0%, Other International 4.1%, Total Company 0.3%. E-commerce sales decreased by 10.0%
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
Tags
Costco Wholesale Corp

Nasdaq:COST

COST Rankings

COST Stock Data

324.34B
442.15M
0.19%
72.24%
1.43%
All Other General Merchandise Stores
Retail Trade
Link
United States
Issaquah

About COST

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.