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Costco Wholesale Corp Posts 6.8% Rise In October Sales
Costco Wholesale Sets Quarterly Cash Dividend Of $0.65 Per Share
Costco Wholesale Says Comparable Sales For 5 Weeks Ended Oct 6 Was Up 4.7%
Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world. The Company's average warehouse space is approximately 144,000 square feet. The Company's warehouses on average operate on a seven-day, 70-hour week. The Company offers merchandise in various categories, which include foods (including dry foods, packaged foods and groceries); sundries (including snack foods, candy, alcoholic and nonalcoholic beverages, and cleaning supplies); hardlines (including appliances, electronics, health and beauty aids, hardware, and garden and patio); fresh foods (including meat, produce, deli and bakery); softlines (including apparel and small appliances), and other (including gas stations and pharmacy).
999 Lake Dr
Hamilton E. James
Non-Executive Independent Chairman of the Board
W. Craig Jelinek
President, Chief Executive Officer, Director
Richard A. Galanti
Chief Financial Officer, Executive Vice President, Director
Paul G. Moulton
Executive Vice President, Chief Information Officer
James C. Klauer
Executive Vice President, Chief Operating Officer - Northern Division
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Costco Wholesale Corp <COST.O> reported quarterly revenue below Wall Street estimates on Thursday, as the U.S. hypermarket chain struggled to attract shoppers in the competitive grocery space.
U.S. hypermarket chain Costco Wholesale Corp <COST.O> was forced to shut its first store in China early on its opening day on Tuesday, according to state media, after large crowds flocked through the door and caused traffic jams in the Shanghai neighborhood.
Costco Wholesale Corp on Thursday reported quarterly profit and revenue that beat Wall Street estimates and said it would tackle the proposed round of tariffs on Chinese imports by sourcing goods from other countries and possible price increases.
Warehouse club operator Costco Wholesale Corp reported quarterly revenue above Wall Street estimates on Thursday, helped by its online business and a rise in membership fees.
Costco Wholesale Corp whizzed past analysts' estimates for quarterly profit on Thursday as the warehouse club operator's margins were lifted by a drop in gas prices and a shift to lower-cost sourcing, sending its shares up 5 percent.
Costco Wholesale Corp reported a 7 percent rise in quarterly revenue on Thursday, sending its shares up 2.5 percent in extended trading.
Costco Wholesale Corp's <COST.O> gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry.
Costco Wholesale Corp on Thursday reported quarterly revenue above Wall Street estimates.
Warehouse club operator Costco Wholesale Corp on Thursday reported quarterly revenue above Wall Street estimates.
Costco Wholesale Corp's <COST.O> quarterly sales barely beat analysts' estimates on Thursday as growth in online business decelerated to its slowest in the year amid intense competition, while gross margins fell on rising costs and higher investments.
Warehouse club operator Costco Wholesale Corp's quarterly sales narrowly beat estimates on Thursday, with online sales losing steam in the face of intense competition from Amazon Inc and Walmart.
Warehouse club operator Costco Wholesale Corp <COST.O> reported third-quarter results that topped analysts' estimates, but price cuts and higher freight costs weighed on its gross margins, sending its shares lower in extended trading.
Warehouse club operator Costco Wholesale Corp on Thursday reported quarterly revenue and comparable store sales that topped analysts' estimates, helped by a rise in membership fees and online sales.
* SAYS NET SALES OF $10.81 BILLION FOR RETAIL MONTH OF APRIL, FOUR WEEKS ENDED MAY 6, 2018, AN INCREASE OF 13.1 PERCENT Source text for Eikon: Further company coverage:
BUFFETT SAYS LEADERS OF OTHER COUNTRIES ARE SMART ENOUGH TO REALIZE IT IS IN THEIR INTEREST TO PROMOTE TRADE
* COSTCO WHOLESALE CORPORATION ANNOUNCES AN INCREASE IN ITS QUARTERLY CASH DIVIDEND
* NET SALES OF $12.92 BILLION FOR MONTH OF MARCH, FIVE WEEKS ENDED APRIL 8, 2018, AN INCREASE OF 10.9 PERCENT FROM LAST YEAR
Costco Wholesale Corp <COST.O> on Wednesday missed estimates for quarterly profit and same-store sales, as the retailer faced stiff competition from Walmart <WMT.N> and Amazon in a cut-throat U.S. retail industry.
Costco Wholesale Corp reported a 10.8 percent rise in quarterly revenue on Wednesday, fueled by higher membership fees.
* REPORTS SECOND QUARTER AND YEAR-TO-DATE OPERATING RESULTS FOR FISCAL 2018 AND FEBRUARY SALES RESULTS
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