General Business Activities: Costco Profile Company

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Costco profile company

Costco is a Washington corporation, publicly traded under the Nasdaq ticker symbol
"COST", with its home office in Issaquah, Washington.
General Business Activities
Costco Wholesale Corporation operates an international chain of membership
warehouses, mainly under the "Costco Wholesale" name, that carry quality, brand name
merchandise at substantially lower prices than are typically found at conventional wholesale
or retail sources.
Number of warehouses:

671 (as of 11/21/14)

Areas of operation:

474 locations in 43 U.S. States & Puerto Rico;


88 locations in nine Canadian provinces;
26 locations in the United Kingdom;
10 locations in Taiwan;
11 locations in Korea;
20 locations in Japan;
7 locations in Australia;
34 locations in 18 Mexican states;
1 location in Spain

Membership Data (as of


8/31/14):

76.4 million cardholders


41.9 million households
31.6 million Gold Star
6.9 million Business
3.5 million Business add ons

Warehouse sizes:

73,000 to 205,000 square feet


(average 143,700 square feet)

Annual revenues
(FY14 - Ended 8/31/14):

$112.6 billion

Fiscal year end:

Sunday closest to August 31

Number of U.S. employees:

129,000 full and part-time

Number of employees
(worldwide):

189,000 full and part-time

Costco's warehouses products:


-groceries,
- candy,
-appliances,
-television and media,
-automotive supplies,
-tires,
-toys,
-hardware,
-sporting goods,
-jewelry,
-watches,
-cameras,
-books,
-housewares,
-apparel,
-health and beauty aids,
-tobacco,
-furniture,
-office supplies and office equipment.
Members can also shop for private label Kirkland Signature products, designed to be
of equal or better quality than national brands, including juice, cookies, coffee, housewares,

luggage, clothing and detergent. The Company also operates self-service gasoline stations at a
number of its U.S. and Canadian locations.
In addition Costco have businesses in special food packaging, optical laboratories,
meat processing and jewelry distribution. These businesses offer the best quality at the best
prices.
To can use services or to buy products from Costco you have to be member. They offer
three types of membership:
1.Business you have to pay 55$ annual fee (U.S.A.)
-you get an household card
-you can purchase up to six additional membership cards ($55 each)
2. Gold Star members you have to pay 55$ annual fee (U.S.A.)
-you can get it if you don t own a company
-you get an household card
3. Executive Membership - pay an annual fee of $110
- allows members to purchase a variety of discounted consumer services
- receive a 2% annual reward most of their warehouse purchases.
Company Strategy
Purpose To be a leader in the world by providing enhanced services,
relationship and profitability.
Vision Our business is to give the customer the best value we can,
-Jim Sinegal, funder of Costco

Treat the people right and with respect


Give the customers the best value at the best price

Mission statement To build long term relationships with our customers


and clients and provide exceptional customer services.
Core values
We believe in treating our customers with respect and faith.
We grow through creativity, invention and innovation.

We integrate honesty, integrity and business ethics into all aspects of


our business functioning.

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