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Costco Wholesale Corp (COST.OQ)

COST.OQ on NASDAQ Stock Exchange Global Select Market

243.42USD
22 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Costco Wholesale Corp Says Total Company Comp Sales Grew 5.7% For 5 Weeks Ended April 7, 2019
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Costco Wholesale Corp ::COSTCO WHOLESALE CORPORATION REPORTS MARCH SALES RESULTS.COSTCO WHOLESALE - NET SALES OF $13.87 BILLION FOR RETAIL MONTH OF MARCH, 5 WEEKS ENDED APRIL 7, 2019, AN INCREASE OF 7.4 PERCENT FROM $12.92 BILLION LAST YEAR.COSTCO WHOLESALE CORP - TOTAL COMPANY COMP SALES GREW 5.7% FOR 5 WEEKS ENDED APRIL 7, 2019.  Full Article

Costco Teamsters In California, East Region Ratify Contracts
Tuesday, 2 Apr 2019 

April 2 (Reuters) - International Brotherhood of Teamsters::COSTCO TEAMSTERS IN CALIFORNIA, EAST REGION RATIFY CONTRACTS.INTERNATIONAL BROTHERHOOD OF TEAMSTERS - CONTRACT WILL RUN RETROACTIVELY FROM FEBRUARY 1, 2019 THROUGH JANUARY 31, 2022..INTERNATIONAL BROTHERHOOD OF TEAMSTERS - COSTCO TEAMSTERS COVERED BY 2 SEPARATE CONTRACTS FOR CALIFORNIA & EAST REGION HAVE VOTED TO RATIFY 2 AGREEMENTS.INTERNATIONAL BROTHERHOOD OF TEAMSTERS - CALIFORNIA, EAST REGION CONTRACTS COVER MORE THAN 17,000 WORKERS.  Full Article

Costco Wholesale Corp Reports Q2 Earnings Per Share of $2.01
Thursday, 7 Mar 2019 

March 7 (Reuters) - Costco Wholesale Corp ::REPORTS SECOND QUARTER AND YEAR-TO-DATE OPERATING RESULTS FOR FISCAL 2019 AND FEBRUARY SALES RESULTS.Q2 EARNINGS PER SHARE $2.01.Q2 EARNINGS PER SHARE ESTIMATE $1.69 -- REFINITIV IBES DATA.COSTCO WHOLESALE - QUARTERLY COMPARABLE SALES EXCLUDING GAS PRICES, FOREX IMPACT GREW 6.7 PERCENT.NET SALES FOR QUARTER INCREASED 7.3 PERCENT, TO $34.63 BILLION FROM $32.28 BILLION LAST YEAR.COMPARABLE SALES FOR Q2 UP 5.4%.COSTCO WHOLESALE - FEBRUARY'S SALES WERE NEGATIVELY IMPACTED ABOUT 1% BY WEATHER THROUGHOUT U.S. & CANADA..Q2 REVENUE VIEW $35.67 BILLION -- REFINITIV IBES DATA.  Full Article

Costco Says Lunar New Year/Chinese New Year Holiday Shift Will Adversely Impact Feb. Sales
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Costco Wholesale Corp ::COSTCO WHOLESALE CORPORATION REPORTS JANUARY SALES RESULTS.COSTCO WHOLESALE CORP - REPORTED NET SALES OF $10.71 BILLION FOR RETAIL MONTH OF JANUARY, UP 8.0 PERCENT FROM $9.92 BILLION LAST YEAR.COSTCO WHOLESALE CORP - LUNAR NEW YEAR/CHINESE NEW YEAR HOLIDAY SHIFT FAVORABLY IMPACTED JANUARY'S OTHER INTERNATIONAL SALES BY ABOUT 4.5%.COSTCO WHOLESALE CORP - LUNAR NEW YEAR/CHINESE NEW YEAR HOLIDAY SHIFT WILL ADVERSELY IMPACT FEBRUARY SALES.COSTCO WHOLESALE CORP - TOTAL COMPANY JANUARY COMPARABLE SALES 5.2%.  Full Article

Costco Wholesale Sets Quarterly Cash Dividend Of $0.57 Per Share
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Costco Wholesale Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.57PER SHARE.  Full Article

Costco Wholesale Corp Reports December Sales Results
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Costco Wholesale Corp ::COSTCO WHOLESALE CORPORATION REPORTS DECEMBER SALES RESULTS.COSTCO WHOLESALE - REPORTED NET SALES OF $15.42 BILLION FOR RETAIL MONTH OF DECEMBER, FIVE WEEKS ENDED JANUARY 6, 2019, AN INCREASE OF 7.8 PERCENT FROM $14.30 BILLION LAST YEAR..COSTCO WHOLESALE CORP - DECEMBER TOTAL COMPANY COMPARABLE SALES OF 6.1%.COSTCO WHOLESALE CORP - FOR 18 WEEKS ENDED JANUARY 6, 2019, REPORTED NET SALES OF $52.99 BILLION, AN INCREASE OF 9.5 PERCENT.  Full Article

Costco - Reported Gross Margin Lower Year-Over-Year By 50 Basis Points, Coming In At 10.75 Pct
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Costco Wholesale Corp ::CFO SAYS WEAKENING FOREIGN CURRENCIES RELATIVE TO THE U.S. DOLLAR NEGATIVELY IMPACTED SALES - CONF CALL.MEMBERSHIP ROSE 9.5 PERCENT OR $66 MILLION IN Q1 AT $758 MILLION COMPARED TO $692 MILLION LAST YEAR.WAGE INCREASE NEGATIVELY IMPACTED SG&A BY APPROXIMATELY 8 BASIS POINTS IN Q1 YEAR-OVER-YEAR.COSTCO - REPORTED GROSS MARGIN LOWER YEAR-OVER-YEAR BY 50 BASIS POINTS, COMING IN AT 10.75 PERCENT COMPARED TO 11.25 PERCENT A YEAR EARLIER.  Full Article

Costco Wholesale Corp Q1 Earnings Per Share $1.73
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Costco Wholesale Corp ::ORATION REPORTS FIRST QUARTER FISCAL YEAR 2019 OPERATING RESULTS.Q1 EARNINGS PER SHARE $1.73.Q1 EARNINGS PER SHARE ESTIMATE $1.62 -- REFINITIV IBES DATA.QTRLY NET SALES $34.31 BILLION, AN INCREASE OF 10.3 PERCENT.QTRLY TOTAL COMPANY COMPARABLE SALES 8.8 PERCENT.QTRLY COMPARABLE SALES UP 7.5%, EXCLUDING GASOLINE PRICES/FOREX IMPACTS.Q1 REVENUE VIEW $34.80 BILLION -- REFINITIV IBES DATA.  Full Article

Costco Wholesale Corporation Q1 E-Commerce Comparable Sales Up 32.3 Percent
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - Costco Wholesale Corp ::ORATION REPORTS NOVEMBER SALES RESULTS.FOR TWELVE-WEEK Q1 ENDED NOVEMBER 25, 2018, COMPANY REPORTED NET SALES OF $34.31 BILLION.FOR THIRTEEN WEEKS ENDED DECEMBER 2, 2018, COMPANY REPORTED NET SALES OF $37.57 BILLION, AN INCREASE OF 10.2 PERCENT.NET SALES OF $12.77 BILLION FOR RETAIL MONTH OF NOVEMBER, FOUR WEEKS ENDED DECEMBER 2, 2018, AN INCREASE OF 9.8 PERCENT.4-WEEKS TO NOV TOTAL COMPARABLE SALES UP 8.5 PERCENT.Q1 FY19 COMPARABLE SALES OF 7.5 PERCENT EXCLUDING IMPACTS FROM CHANGES IN GASOLINE PRICES, FOREX AND ACCOUNTING CHANGE.Q1 E-COMMERCE COMPARABLE SALES UP 32.3 PERCENT.Q1 REVENUE VIEW $34.56 BILLION -- REFINITIV IBES DATA.Q1 COMP SALES, EXCLUDING ITEMS UP 7.5% & E-COMMERCE COMP SALES UP 26.2 PERCENT.  Full Article

Costco Wholesale Says Total Company Comparable Sales Up 8.3 Pct For July
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Costco Wholesale Corp ::COSTCO WHOLESALE CORPORATION REPORTS JULY SALES RESULTS.COSTCO WHOLESALE CORP - REPORTED NET SALES OF $10.59 BILLION FOR RETAIL MONTH OF JULY.COSTCO WHOLESALE CORP -TOTAL COMPANY COMPARABLE SALES UP 8.3% FOR JULY.COSTCO WHOLESALE CORP -U.S. COMPARABLE SALES UP 9.7% FOR JULY.COSTCO WHOLESALE CORP - TOTAL CO COMP SALES EXCLUDING IMPACTS FROM CHANGES IN GASOLINE PRICES &FOREIGN EXCHANGE UP 6.4% FOR JULY.  Full Article

Kraft Heinz's new CEO looks beyond cost-cutting, big M&A

CHICAGO, April 22 Kraft Heinz Co's incoming chief executive, Miguel Patricio, is indicating a change in strategy for the packaged food company that could move it away from the aggressive cost-focused culture that has been in place since the company was created in 2015.