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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Costco Wholesale Corporation    COST

COSTCO WHOLESALE CORPORATION

(COST)
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Costco Wholesale : Loves Park Costco gears up for grand opening

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08/14/2019 | 09:01pm EDT

Aug. 14--LOVES PARK -- Fred Pitthan of Rockford signed up Wednesday for the basic Gold Star membership at Costco Wholesale, which opens its 150,000-square-foot retail warehouse to the public at 8 a.m.Aug. 23.

"I heard about the beef," Pitthan said, explaining one of the reasons he plans to shop at Costco. The store offers "prime" cuts of some beef, a higher grade than the typical "choice" most offered elsewhere. Another reason he plans to shop at the business: "The selection," he said.

Pitthan is one of more than 5,000 people who have purchased memberships since Costco set up sign-ups in the area, said Nathan Gentry, general manager. That's on top of more than "7,000 already on the books" who live in the immediate area and already had memberships, he said. Gentry is encouraging those who want to save time to sign up for memberships before the grand opening; he expects about 800 people will do so that day.

To sign up, go to 5000 Stadium Drive (across from Mercyhealth's Javon Bea Hospital & Physician Clinic on Riverside Boulevard) starting at 10 a.m. and ending at 7 p.m. Monday through Friday, 5 p.m. Saturday and 6 p.m. Sunday.

Those who sign up at the site can get grand opening discounts and coupons. A Gold Star membership costs $60, an Executive membership costs $120.

Coming: Saturday at rrstar.com, a closer look at what you need to know about Costco and a photo gallery of the Register Star's sneak peek inside the Loves Park store. A story and photos will appear Sunday in the newspaper.

Georgette Braun: 815-987-1331; gbraun@rrstar.com; @GeorgetteBraun

___

(c)2019 Rockford Register Star, Ill.

Visit Rockford Register Star, Ill. at www.rrstar.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials (USD)
Sales 2019 153 B
EBIT 2019 4 847 M
Net income 2019 3 647 M
Finance 2019 2 702 M
Yield 2019 0,89%
P/E ratio 2019 33,2x
P/E ratio 2020 31,9x
EV / Sales2019 0,77x
EV / Sales2020 0,72x
Capitalization 121 B
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Technical analysis trends COSTCO WHOLESALE CORPORATI
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 274,00  $
Last Close Price 274,10  $
Spread / Highest target 18,6%
Spread / Average Target -0,04%
Spread / Lowest Target -19,7%
EPS Revisions
Managers
NameTitle
Walter Craig Jelinek President, Chief Executive Officer & Director
Hamilton Evans James Chairman
James Patrick Murphy Chief Operating Officer-International & EVP
Richard A. Galanti CFO, Director & Executive Vice President
Paul G. Moulton Chief Information Officer & Executive VP
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