US22160K1051 - Common Stock - After market: 494 -0.53 (-0.11%)
NASDAQ:COST (12/2/2022, 7:26:15 PM)-9.33 (-1.85%)
|GICS Sector||Consumer Staples|
|GICS Industry||Food & Staples Retailing|
|Earnings (Last)||09-22 2022-09-22/amc||Earnings (Next)||12-08 2022-12-08/amc|
|Ins Owners||0.18%||Inst Owners||167.81%|
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Costco Wholesale Corp. engages in the operation of membership warehouses through wholly owned subsidiaries. The company is headquartered in Issaquah, Washington and currently employs 304,000 full-time employees. The firm operates an international chain of membership warehouses, mainly under the Costco Wholesale name. The firm's warehouses are designed to help small- to medium-sized businesses reduce costs in purchasing for resale and for everyday business use. The firm offers merchandise in various categories, which include groceries, candy, appliances, television and media, automotive supplies, tires, toys, hardware, sporting goods, jewelry, watches, cameras, books, housewares, apparel, health and beauty aids, furniture, office supplies and office equipment. Members can also shop for private label Kirkland Signature products. The company operates approximately 829 warehouses worldwide. The company also operates self-service gasoline stations. The firm operates e-commerce websites in the United States, Canada, Mexico, United Kingdom, Korea, Taiwan, Japan, and Australia.
COSTCO WHOLESALE CORP
999 Lake Dr
Issaquah WASHINGTON 98027
CEO: W. Craig Jelinek
Investors are looking ahead to the warehouse retailer's earnings report.
Toll Brothers (TOL), Campbell’s Soup (CPB), Autozone (AZO) Costco (COST), Lululemon (LULU) and Chewy (CHWY) are among the names set to report quarterly results next week.
The S&P 500 is fighting for its 200-day, a critical level for the uptrend.
The Netherlands will block Bulgaria’s bid to join the European Union’s visa-free travel Schengen area next week, according to Dutch Foreign Minister Wopke Hoekstra.
Federal regulators are investigating a major natural gas leak from an Equitrans Midstream Corp. gas storage facility in Pennsylvania that spewed more than 1 billion cubic feet of the climate-warming fuel into the atmosphere.
Holiday spending over the Thanksgiving break re-instilled some confidence in American consumers’ ability to support the economy, as shoppers took advantage of steep discounts offered by retailers to clear an inventory glut. Yet, the pressure to manage costs is likely to continue given an uncertain economic picture, with companies in tech and media to banks planning job cuts and a slowdown in hiring, driving November layoff announcements to a 417% year-over-year increase, even as Friday’s payroll
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