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Global 500

Spencer Lowell for Fortune

36

Costco

COST

U.S.

Costco may be grappling with lower gas prices that are eating into its sales growth, but the bulk retailer still outperforms Sam’s Club every quarter, and the company posted record sales in 2016. Costco benefits from having stores in more affluent areas than Sam’s does. It also invests heavily in improvements: it spent $2.65 billion to open 33 warehouses (it now runs 715), expand its distribution and transportation systems, remodel facilities; and upgrade its IT infrastructure. One soft spot? E-commerce. Costco has lagged rivals in terms of offering online services; it now operates digital stores in the U.S., Canada, the U.K., Mexico, Korea, and Taiwan. Costco was founded in 1976 and is based in Issaquah, Wash.

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CEO

W. Craig Jelinek

Sector

Retailing

Industry

General Merchandisers

HQ Location

Issaquah, WA

Years on Global 500 List

23

Employees

172,000

Figures are for fiscal year ended Aug. 31, 2016.
Costco is also featured in these fortune lists
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$118,7192.2%
Profits ($M)$2,350.0-1.1%
Assets ($M)$33,163
Total Stockholder Equity ($M)$12,079
Profit Ratios
Profit as % of Revenues2.0%
Profits as % of Assets7.1%
Profits as % of Stockholder Equity19.5%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

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