COSTCO WHOLESALE CORPORATION

(COST)
  Report
Delayed Nasdaq  -  04:00 2022-08-12 pm EDT
537.21 USD   +0.94%
08/10Analysis-Florida governor's bid for conservative pension bloc faces hurdles
RE
08/05Raymond James Raises Price Target on Costco Wholesale to $600 From $560, Keeps Outperform Rating
MT
08/04Goldman Sachs Adjusts Price Target on Costco Wholesale to $573 From $516, Reiterates Buy Rating
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Costco Wholesale Acquires Minority Interest in Costco-Taiwan for $1.05 Billion

06/30/2022 | 04:54pm EDT

By Kathryn Hardison


Costco Wholesale Corp. said Thursday that it now indirectly owns Costco-Taiwan after purchasing the remaining 45% minority interest in the joint venture for $1.05 billion.

Costco estimated that the purchase will be approximately 1% to 1.5% accretive to earnings per share.

The company operates 833 warehouses across the U.S., Puerto Rico, Canada, Mexico, Japan, the U.K., Korea, Taiwan, Australia, Spain, France, China and Iceland.


Write to Kathryn Hardison at kathryn.hardison@wsj.com


(END) Dow Jones Newswires

06-30-22 1653ET

Stocks mentioned in the article
ChangeLast1st jan.
COSTCO WHOLESALE CORPORATION 0.94% 537.21 Delayed Quote.-5.37%
MSCI TAIWAN (STRD) 0.39% 568.275 Real-time Quote.-23.73%
All news about COSTCO WHOLESALE CORPORATION
08/10Analysis-Florida governor's bid for conservative pension bloc faces hurdles
RE
08/05Raymond James Raises Price Target on Costco Wholesale to $600 From $560, Keeps Outperfo..
MT
08/04Goldman Sachs Adjusts Price Target on Costco Wholesale to $573 From $516, Reiterates Bu..
MT
08/04Oppenheimer Adjusts Costco Wholesale's Price Target to $600 From $535, Maintains Outper..
MT
08/03TRANSCRIPT : Costco Wholesale Corporation - Pre Recorded Sales/ Trading Statement Call
CI
08/03Costco Wholesale Corporation Reports July Sales Results
GL
08/03Costco Wholesale Corporation Reports Sales Results for the Month and Year to Date Ended..
CI
08/03GLOBAL MARKETS LIVE : Airbnb, Infineon, PayPal, Moderna, Starbucks...
MS
08/02Evercore ISI Adjusts Price Target for Costco Wholesale to $585 From $540, Maintains Out..
MT
08/01WALL STREET STOCK EXCHANGE : Optimism returns
MS
More news
Analyst Recommendations on COSTCO WHOLESALE CORPORATION
More recommendations
Financials (USD)
Sales 2022 226 B - -
Net income 2022 5 836 M - -
Net cash 2022 7 688 M - -
P/E ratio 2022 41,0x
Yield 2022 0,61%
Capitalization 238 B 238 B -
EV / Sales 2022 1,02x
EV / Sales 2023 0,93x
Nbr of Employees 288 000
Free-Float 99,8%
Chart COSTCO WHOLESALE CORPORATION
Duration : Period :
Costco Wholesale Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends COSTCO WHOLESALE CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 33
Last Close Price 537,21 $
Average target price 571,54 $
Spread / Average Target 6,39%
EPS Revisions
Managers and Directors
Walter Craig Jelinek Chief Executive Officer & Director
Roland M. Vachris President & Chief Operating Officer
Richard A. Galanti Chief Financial Officer, Director & Executive VP
Hamilton Evans James Independent Non-Executive Director
Paul G. Moulton Chief Information Officer & Executive VP
Sector and Competitors
1st jan.Capi. (M$)
COSTCO WHOLESALE CORPORATION-5.37%238 000
TARGET CORPORATION-25.48%79 978
WAL-MART DE MÉXICO, S.A.B. DE C.V.-5.66%63 032
DOLLAR GENERAL CORPORATION7.41%57 498
DOLLARAMA INC.25.18%17 847
SIAM MAKRO-19.05%10 182