Costco Wholesale Corp. engages in the operation of membership warehouses. The company is headquartered in Issaquah, Washington and currently employs 149,000 full-time employees. As of August 28, 2016, the Company operated 715 warehouses across the world. The firm's average warehouse space is approximately 144,000 square feet. The firm's warehouses on average operate on a seven-day, 70-hour week. The firm 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).
General Outlook
In simple terms, Costco Wholesale Corp has 442.741 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.122% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.033%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.026%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.091% return, is a testament to Costco Wholesale Corp's adeptness in optimizing resource deployment. Costco Wholesale Corp's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.265%. Furthermore, the proficiency of Costco Wholesale Corp in capital utilization is underscored by a remarkable 0.227% return on capital employed.
Stock Prices
Costco Wholesale Corp's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $546.4, while its low point bottomed out at $544.6. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Costco Wholesale Corp's stock market.
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