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Global 500

Michele Eve Sandberg—AFP/Getty Images

35

Costco

COST

U.S.

While the wholesaler had once lagged behinds its rivals in ecommerce, last year’s partnership with Instacart is now ready to turn that around. The company expects to expand its two-day dry and same day fresh grocery delivery to all 519 U.S. locations by the end of 2018. Comparable sales were up 6.5% in the first 31 weeks of its fiscal year, helping to stave off concerns that the bulk retailer is losing millennial customers to competitors such as Target and Amazon Prime. And membership still has its benefits: The bulk of Costco’s operating income comes from fees generated by its 90 million members. Last year, renewal rates maintained a healthy 90% in the U.S. and 87% globally.

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CEO

W. Craig Jelinek

Sector

Retailing

Industry

General Merchandisers

HQ Location

Issaquah, Wash.

Years on Global 500 List

24

Employees

182,000

Figures are for fiscal year ended Aug. 31, 2017.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$129,0258.7%
Profits ($M)$2,679.014.0%
Assets ($M)$36,347
Total Stockholder Equity ($M)$10,778
Profit Ratios
Profit as % of Revenues2.1%
Profits as % of Assets7.4%
Profits as % of Stockholder Equity24.9%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Costco

Sam's Club CEO: The 63 Stores We Closed Are Fueling E-Commerce Growth

It's allowed the club operator to offer more free shipping.

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Pending California Law Curbing Truck Driver Abuses Could Impact Target, Costco, Home Depot, and Other Retailers

Retailers would be jointly legally liable for workplace abuses of port truckers at California's busy Ports of Los Angeles, Long Beach, and Oakland.

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Costco Adds Healthier Items to Food Court, Cutting Some Favorites

Casualties include a popular hot dog – but not the store’s biggest calling card.

Read More →