Costco Wholesale Corporation Stock Price Today (COST)
2023.02.24 15:12
Costco Wholesale Corporation is a multinational corporation based in the United States that owns and operates a chain of big-box stores that only accept memberships.
Costco is the world’s largest retailer of prime beef, organic foods, rotisserie chicken, and wine as of 2016. As of 2022, Costco is the fifth largest retailer in the world. On the Fortune 500 list of the largest corporations in the United States by total revenue, Costco is ranked 11th.
Although Costco’s Kirkland Signature house label is named after its former Kirkland location, the company’s global headquarters are in Issaquah, Washington, an eastern suburb of Seattle. In 1983, the business opened its first warehouse in Seattle.
However, Costco’s corporate history dates back to 1976, when its former rival Price Club was established in San Diego, California, through mergers. Costco has 848 warehouses worldwide as of February 2023: 584 in the US, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the UK, 18 in Korea, 14 in Taiwan, 14 in Australia, four in Spain, two each in France and China, and one each in Iceland, New Zealand, and Sweden
