Board of Directors and Director Costco Wholesale

Topics: Costco, Board of directors, Corporate governance Pages: 34 (9838 words) Published: February 6, 2013
COMPANY PROFILE

Costco Wholesale Corporation

REFERENCE CODE: 7EE0FB19-6C6E-4865-AFD1-D601275DC508 PUBLICATION DATE: 30 Aug 2012 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED.

Costco Wholesale Corporation
TABLE OF CONTENTS

TABLE OF CONTENTS
Company Overview..............................................................................................3 Key Facts...............................................................................................................3 Business Description...........................................................................................4 History...................................................................................................................6 Key Employees.....................................................................................................9 Key Employee Biographies................................................................................11 Major Products and Services............................................................................16 Revenue Analysis...............................................................................................18 SWOT Analysis...................................................................................................19 Top Competitors.................................................................................................25 Company View.....................................................................................................26 Locations and Subsidiaries...............................................................................31

Costco Wholesale Corporation © MarketLine

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Costco Wholesale Corporation
Company Overview

COMPANY OVERVIEW
Costco Wholesale Corporation (Costco or “the company") operates an international chain of membership warehouses, mainly under the "Costco Wholesale" brand name. The company offers a limited selection of nationally branded and selected private-label products across a wide range of merchandise categories at lower prices. Costco has operations in the US, Puerto Rico, Canada, the UK, Korea, Taiwan, Japan, Mexico and Australia. The company is headquartered in Issaquah, Washington and employed about 164,000 people, of which 72,000 were part-time employees as of August 28, 2011. The company recorded revenues of $88,915 million during the financial year ended August 2011 (FY2011), an increase of 14.1% over FY2010. The operating profit of the company was $2,439 million in FY2011, an increase of 17.4% over FY2010. The net profit was $1,462 million in FY2011, an increase of 12.2% over FY2010.

KEY FACTS
Head Office Costco Wholesale Corporation 999 Lake Drive Issaquah Washington 98027 USA 1 425 313 8100

Phone Fax Web Address

http://www.costco.com/

Revenue / turnover 88,915.0 (USD Mn) Financial Year End Employees NASDAQ Global Select Ticker August 164,000 COST

Costco Wholesale Corporation © MarketLine

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Costco Wholesale Corporation
Business Description

BUSINESS DESCRIPTION
Costco is a US-based company that operates membership warehouses across several countries including US, Canada, Mexico, Puerto Rico, the UK, Korea, Taiwan, Japan, and Australia. The company operates through a single segment: warehouse operations. Costco offers nationally branded as well as private label products in a wide range of product lines at low prices. Costco’s core warehouses on an average stock 3,600 active stock keeping units (SKUs) per warehouse. The company offers products under six categories: sundries, hardlines, food, softlines, fresh food, and ancillary and other. Ancillary and other services include food court, one-hour photo centers, optical dispensing centers, pharmacies, gas stations, hearing-aid centers, print shops and copy centers, and car washes. Many of the consumable products that the company sells are offered for sale in...
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