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Costco Wholesale Corp.

Industry: Speciality Stores

Fortune Rank: 25

For the fiscal year ended 28 August 2005, Costco Wholesale Corp.'s revenues increased 10% to $52.94B. Net income rose 20% to $1.06B. Revenues reflect an increase in comparable warehouse sales. Net income also reflects an increase in operating margin. COST operates warehouses that offer low prices on a limited selection of nationally branded and selected private label products in a wide range of categories in no-frills, self-service warehouses.

Costco Wholesale Corporation operates membership warehouses based on the concept of offering members very low prices on a limited selection of nationally branded and selected private-label products in a wide range of merchandise categories. During the fiscal year ended August 31, 2004 (fiscal 2004), Costco operated 417 warehouse clubs, of which 327 were in the United States, 63 were in Canada, 15 were in the United Kingdom, five were in Korea, three were in Taiwan and four were in Japan. In fiscal 2004, the Company operated, through a 50%-owned joint venture, of which Costco is the managing partner 24 warehouses in Mexico.

Costco Wholesale Corp.

Costco Wholesale Corp. is a Fortune 500 company. In 2010 Costco Wholesale Corp. was ranked number 25 on the Fortune 500 list, making it the 25th largest company in the United States when judged by revenue.

Costco Wholesale Corp. achieved revenue of $71,422.00 million in 2010 and earned a profit of $1,086.00 million.

Costco Wholesale Corp.'s rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 24th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $72,483 million (a change of -1 million compared to 2010) and profits of $1,283 million (a change of 0 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Costco Wholesale Corp. would be ranked 121st rather than 25th due to its profits of $1,086 in 2010.

* US$ Million

• Address
  • Costco Wholesale Corp.
    999 Lake Drive
    Issaquah
    WA
    98027
• Contact Details
  • Phone: 425-313-8100
  • Fax: 425-313-8114
  • Website: www.costco.com
  • Stock Symbol: COST

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