Costco Wholesale Corporation (COST)
| Market Cap | 459.36B |
| Revenue (ttm) | 258.81B |
| Net Income (ttm) | 7.58B |
| Shares Out | 443.90M |
| EPS (ttm) | 17.02 |
| PE Ratio | 60.80 |
| Forward PE | 55.92 |
| Dividend | $4.64 (0.45%) |
| Ex-Dividend Date | Feb 7, 2025 |
| Volume | 1,992,704 |
| Open | 1,051.49 |
| Previous Close | 1,062.54 |
| Day's Range | 1,033.90 - 1,052.74 |
| 52-Week Range | 697.27 - 1,078.23 |
| Beta | 0.83 |
| Analysts | Buy |
| Price Target | 1,008.54 (-2.54%) |
| Earnings Date | Mar 6, 2025 |
About COST
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories. It offers merchandise, such as sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; appliances, electronics, health and beauty aids, hardware, lawn and garden,... [Read more]
Financial Performance
In 2024, Costco's revenue was $254.45 billion, an increase of 5.02% compared to the previous year's $242.29 billion. Earnings were $7.37 billion, an increase of 17.09%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for COST stock is "Buy." The 12-month stock price forecast is $1,008.54, which is a decrease of -2.54% from the latest price.
News
Costco's DEI clash has companies taking notes. Some, like Disney, are making changes.
A highly visible campaign against DEI is underway against companies like Costco. Political pressure is putting execs into a delicate balancing act over how to run their businesses.
Costco dishes out executive bonuses for achieving DEI, ESG goals
'The Big Money Show' talks DEI policy in corporations as Costco continues its resistance while Disney reportedly is rolling back efforts. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://...
Peloton posts better than expected holiday sales thanks in part to Costco
Peloton delivered mixed results for its holiday quarter, but managed to blow away adjusted EBITDA expectations despite a wider loss per share than expected. The Bike and Tread maker's guidance indicat...
Costco's Sales Impress Again. What January Slump?
Sales rose 9.2% in January from a year ago, the company said Wednesday.
Costco starts off 2025 with yet another sales gain
Costco said its revenue last month rose 9.2% year over year to $19.51 billion. The company's shares slipped fractionally after hours on Wednesday.
Costco Wholesale Corporation Reports January Sales Results
ISSAQUAH, Wash., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $19.51 billion for the retail month of January, t...
Costco Strike Averted After Last-Minute Agreement Reached With Teamsters Union
Costco and the International Brother of Teamsters union came to a tentative three-year contract agreement at the 11th hour, averting a strike that would have affected operations at more than 50 Costco...
Costco, Teamsters, reach 'tentative agreement' likely averting strike as company's DEI controversy rages on
The looming threat of 18,000 Costco store employees heading to the picket lines appears less likely, with the Teamsters labor union announcing Saturday that it has reached a tentative agreement for a ...
Strike averted at Costco as Teamsters reach a tentative deal
Some 18,000 employees across the country were poised to walk out after union negotiations stalled
Costco and Teamsters union reach tentative agreement to avoid strike
Costco and the Teamsters union have reached a tentative deal to avoid a strike. Costco Teamsters represents 18,000 workers nationwide who were ready to walk off the job.
Costco, Teamsters negotiating committee reach tentative agreement
The Teamsters labor union said on Saturday that its negotiating committee has reached a tentative agreement for a new contract with U.S. retailer Costco Wholesale.
Why Costco's new pay hike could backfire as union strike looms
Some 18,000 Costco workers might walk off the job on Saturday when their contract expires. Ahead of the deadline, Costco announced pay raises for non-union employees.
Costco to raise pay to $30 an hour after union workers threaten strike
The wholesale retailer is reportedly planning to hike wages after Teamsters union members earlier this month voted to authorize a strike.
Costco Grants Pay Raise To Hourly Non-Union Employees, Leaving 18,000 Union Members Waiting
Costco announced that all employees at its non-union stores will get a pay raise, just a day before employees at its 50 unionized locations are set to go on strike, according to Bloomberg.
DeepSeek Didn't Hurt Costco - But Its Valuation Might
Costco's efficient business model and high customer loyalty drive consistent shareholder value, but its current valuation is too high for a buy rating. Despite robust growth and resilience to economic...
Costco to raise hourly pay for most US store workers to over $30
Retailer Costco Wholesale will increase pay for most of its hourly U.S. store workers to more than $30, according to a memo sent to employees this week.
Costco's DEI programs face new scrutiny from 19 Republican attorneys general
Costco's commitment to diversity and inclusion is facing fresh scrutiny from Republicans. In a letter to CEO Ron Vachris, 19 attorneys general urged the company to end its DEI programs.
Republican state attorneys pressure Costco to drop diversity policies
Nineteen Republican attorneys general have called on Costco Wholesale to abandon its diversity, equity, and inclusion policies, citing concerns about discrimination and legal risks.
Here's why Costco will eventually drop DEI, says activist investor
The NCPR had made a bid for Costco executives to investigate the risks the company's business posed to the company's bottom line, but the grocery club chain's board unanimously came out against their ...
Costco shareholders defended DEI hiring against anti-woke attacks and won—for now
With a swath of anti-DEI and other executive orders spilling out of the White House during the first week of Trump's second term, many companies are likewise changing or rolling back their own DEI pro...
Costco shareholders reject anti-DEI measure
Costco's shareholders overwhelmingly rejected a proposal that called for assessing the risk of keeping its diversity, equity and inclusion (DEI) programs in place.
Costco Shareholders Overwhelmingly Support Company's DEI Policies As Other Major Retailers Retreat
In a nearly unanimous decision, Costco shareholders voted in support of Costco's current diversity, equity and inclusion (DEI) initiatives after the National Center for Public Policy Research (NCPPR) ...
Costco defends its diversity policies as other US companies scale theirs back
Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices.
Costco shareholders vote against proposal for report on diversity programs
Costco Wholesale shareholders voted against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, against the backdrop ...
Costco shareholders reject anti-DEI proposal
Costco shareholders rejected a proposal to report on the risks of the company's DEI efforts. While several companies have walked back diversity programs, Costco's board unanimously supported theirs.