Costco Whsl Corp Stock Price, News & Analysis

Costco Wholesale Corporation reported net sales of $19.50 billion for September 2021, marking a 15.8% increase from $16.84 billion in September 2020. Comparable sales across regions were strong, with U.S. sales up 14.6%, Canada 14.9%, and other international regions 12.0%. Excluding gasoline price changes and foreign exchange effects, total company sales rose 9.4%. E-commerce sales grew 10.6%.

Costco operates 817 warehouses globally, including 565 in the U.S. and Puerto Rico.

Costco Wholesale Corporation (COST) reported strong financial performance for the 16-week fourth quarter and the 52-week fiscal year ending August 29, 2021. Net sales surged by 17.5% to $61.44 billion in Q4 and by 17.7% to $192.05 billion for the fiscal year. Comparable sales growth for Q4 reached 15.5%, driven by robust performance in the U.S. (14.9%) and Canada (19.5%). Net income for Q4 rose to $1.67 billion ($3.76 per share), despite a $84 million IT asset write-off. Fiscal year net income increased to $5.01 billion ($11.27 per share), up from $4.00 billion last year.

Costco Wholesale Corporation (COST) reported robust financial results for August 2021. Net sales surged to $15.75 billion, up 16.2% from the previous year. In the fourth quarter, sales reached $61.4 billion, a 17.4% increase year-over-year. The fiscal year ended with total sales of $192.1 billion, reflecting a 17.7% growth compared to $163.2 billion in 2020. Comparable sales were strong across regions, with notable U.S. growth of 14.7% for the month and 14.8% for the year.

Costco Wholesale Corporation reported strong financial results for July 2021, achieving net sales of $15.21 billion, a 16.6% increase from the previous year. For the forty-eight weeks ended August 1, 2021, total net sales reached $176.30 billion, marking a 17.8% growth. Comparable sales in the U.S. rose by 13.1% for the month and 14.8% year-to-date. Notably, e-commerce sales increased by 48.9% for the year. Costco operates 813 warehouses globally, reflecting its robust retail performance.

On July 21, 2021, Uber and Costco launched a grocery delivery pilot across 25 Texas locations, allowing Costco members to receive deliveries via Uber and Uber Eats. The minimum order is $35, with free delivery for Uber Pass and Eats Pass holders. This initiative marks Uber's first collaboration with a food wholesaler in the U.S., expanding its grocery delivery footprint. Following a recent national partnership with Albertson's Co., Uber aims to meet consumer demand for quick deliveries. The pilot is currently available in Dallas, Austin, and Houston.

Costco Wholesale Corporation (Nasdaq: COST) announced a quarterly cash dividend of 79 cents per share, payable on August 13, 2021. The record date for shareholders is set for July 30, 2021. With 810 operating warehouses globally, Costco continues its growth trajectory, maintaining a strong presence across various countries, including the U.S., Canada, and Japan, alongside its expanding e-commerce sites.

Costco Wholesale Corporation (COST) reported net sales of $18.92 billion for June 2021, a 16.9% increase from the previous year. For the forty-four weeks ending July 4, 2021, net sales reached $161.09 billion, up 18.1% year-over-year. Comparable sales increased 14.1% for June, with e-commerce sales rising 20.8%. Sales were impacted by one less shopping day due to a calendar shift, reducing sales by approximately 1.5% to 2%. Costco operates 810 warehouses globally, including 559 in the U.S.

Costco Wholesale Corporation (COST) reported a significant boost in net sales for May 2021, reaching $15.59 billion, an increase of 24.2% from $12.55 billion in May 2020. Year-to-date sales for the first 39 weeks totaled $142.17 billion, up 18.3% from $120.19 billion the previous year. U.S. comparable sales climbed 21.9% for the month and 15.3% for the year-to-date. The calendar shift due to Memorial Day added an estimated 2-2.5% to sales. Costco operates 809 warehouses worldwide.

Costco Wholesale Corporation (COST) reported impressive financial results for Q3 of fiscal 2021, ending May 9, with net sales soaring by 21.7% to $44.38 billion compared to $36.45 billion last year. For the first 36 weeks, net sales increased 17.7% to $130.61 billion, up from $110.94 billion. Comparable sales growth for Q3 was strong across the board, with total company growth at 20.6% and e-commerce skyrocketing 41.2%. Net income for the quarter reached $1.22 billion ($2.75 per share), a significant rise from $838 million ($1.89 per share) last year.