Costco Wholesale Corporation (COST)
| Market Cap | 323.39B |
| Revenue (ttm) | 248.83B |
| Net Income (ttm) | 6.79B |
| Shares Out | 443.50M |
| EPS (ttm) | 15.29 |
| PE Ratio | 47.69 |
| Forward PE | 44.40 |
| Dividend | $4.64 (0.64%) |
| Ex-Dividend Date | Apr 25, 2024 |
| Volume | 1,512,680 |
| Open | 715.00 |
| Previous Close | 721.86 |
| Day's Range | 715.00 - 730.95 |
| 52-Week Range | 476.75 - 787.08 |
| Beta | 0.76 |
| Analysts | Buy |
| Price Target | 720.04 (-1.25%) |
| Earnings Date | May 23, 2024 |
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, garden and patio... [Read more]
Financial Performance
In 2023, COST's revenue was $242.29 billion, an increase of 6.76% compared to the previous year's $226.95 billion. Earnings were $6.29 billion, an increase of 7.67%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for COST stock is "Buy." The 12-month stock price forecast is $720.04, which is a decrease of -1.25% from the latest price.
News
From Gold Bullion To Golden Chickens: 7 Measures Of Costco's Influence
If you buy stock in Costco, then you're basically buying stock in chickens, gold and hotdogs. And you have two legendary retail leaders to thank for this winning mix.
Up 8% This Year, Why Is Costco Stock Outperforming?
Note: Costco FY'23 ended on August 27, 2023.
The Headache at the End of the Costco Gold Rush
Selling gold bars takes more time and money than stocks, bonds or crypto.
Daily Dividend Report: Lennar, Costco, H.B. Fuller, Fastenal, Conagra
Lennar, one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on M...
Calls of the Day: Chevron, Qualcomm, Costco, Nasdaq and American Express
The Investment Committee discuss the latest Calls of the Day.
Costco Hikes Its Dividend: What Income Investors Need To Know
Costco just made a shareholder-friendly move, increasing its dividend.
Costco is selling up to $200 million of gold bars and silver coins every month, but probably not making much profit, retail analyst says
Costco's monthly sales of its gold bars and silver coins could total $200 million, Wells Fargo estimated. But their low prices mean they likely bring in "minimal profit" for Costco, analyst Edward Kel...
Costco Hikes Its Dividend Nearly 14% as Sales Rise
Costco Wholesale (COST) announced a rise in March sales and a nearly 14% boost to its quarterly dividend after the market closed on Wednesday.
Costco's March Sales Jump. E-Commerce Is Taking Off.
E-commerce same-store sales grew 28.3% year-over-year.
Costco boosts its dividend by 14% while touting sharp rise in e-commerce sales
Costco Wholesale Corp. saw a 9.4% sales boost in the five weeks through April 7, driven by a surge in e-commerce activity.
Costco Wholesale Corporation Reports March Sales Results and Announces an Increase in Its Quarterly Cash Dividend
ISSAQUAH, Wash., April 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $23.48 billion for the retail month of March, th...
Retail gold demand drives $100 to $200 million in sales for Costco
(Kitco News) - The gold market has been acutely aware of lackluster demand from generalist investors for a while; however, investors are mostly shunning paper gold products as major retail has seen si...
Costco selling as much as $200M in gold bars per month, Wells Fargo estimates
Costco has struck gold by selling its one-ounce bullion bars — so much so that the big-box retailer is reportedly raking in as much as $200 million a month as the price of the precious metal skyrocket...
Costco gold and silver sales 'seem to have grown considerably': Wells Fargo
Costco Wholesale got into precious metals sales last year with gold bars and, according to a Tuesday research note from Wells Fargo, those may have picked up quite a bit since then.
Costco's gold and silver sales are boosting same-store sales, but profit remains elusive, analysts say
Costco Wholesale Corp. is generating strong interest from its sale of gold and silver but with one caveat: It's unlikely to be making much profit from it.
Costco Expands Its Health Care Services
Costco is expanding deeper into health care as it solidifies its relationship with Sesame. Sesame health care offers both telehealth and in-person visits for people who have no health insurance.
Costco to offer weight loss program with medical partner Sesame
Costco (COST) and healthcare system Sesame have joined forces to create a weight loss program offering for Costco's members, including a potential prescription for GLP-1 weight-loss drugs. Sesame CEO ...
Costco jumps on the weight-loss bandwagon with $179-for-three-months program
Costco Wholesale Corp. is the latest company to jump on the weight-loss bandwagon, with a new program for members costing $179 for three months.
Costco offering members access to weight-loss programs including medication
Costco Wholesale will offer its members access to weight-loss programs, including prescription drugs Ozempic and Wegovy, from online healthcare services provider Sesame, as the companies expanded thei...
Costco, Lowe's, Five Below, Dollar Tree downgraded due to ‘extreme' valuations
Gordon Haskett analyst Chuck Grom on Wednesday downgraded four retailers because their stocks are currently “priced for perfection” after an equities rally in recent months.
Costco, Dollar Tree, and Lowe's Stocks Are Downgraded. There's a ‘Notable Wall of Worry.
Gordon Haskett analyst Chuck Grom downgrades shares of Costco, Dollar Tree, Lowe's and Five Below.
Food wholesaler Costco now offering weight-loss drug prescriptions to members for $179: ‘Important innovations'
"We are witnessing important innovations in medically-supervised weight loss."
Costco and Sam's Club's smaller rival BJ's Wholesale will open more clubs in Southeast
The membership warehouse BJ's Wholesale said it plans to open a dozen clubs this year and 10 to 12 clubs each year going forward.