Costco Wholesale Corp
NASDAQ:COST

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Costco Wholesale Corp
NASDAQ:COST
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Price: 954.07 USD -0.08% Market Closed
Market Cap: 422.7B USD
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Costco Wholesale Corp
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Costco Wholesale Corp
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Costco Wholesale Corp
NASDAQ:COST
Tax Provision
-$2.4B
CAGR 3-Years
-11%
CAGR 5-Years
-15%
CAGR 10-Years
-7%
Walmart Inc
NYSE:WMT
Tax Provision
-$6.5B
CAGR 3-Years
-9%
CAGR 5-Years
-6%
CAGR 10-Years
2%
PriceSmart Inc
NASDAQ:PSMT
Tax Provision
-$62.6m
CAGR 3-Years
-9%
CAGR 5-Years
-9%
CAGR 10-Years
-4%
BJ's Wholesale Club Holdings Inc
NYSE:BJ
Tax Provision
-$195.3m
CAGR 3-Years
-16%
CAGR 5-Years
-26%
CAGR 10-Years
N/A
No Stocks Found

Costco Wholesale Corp
Glance View

Market Cap
423.6B USD
Industry
Retail
Economic Moat
Wide

Costco Wholesale Corp., a titan of the retail industry, emerged from humble beginnings to redefine how consumers experience value shopping. Founded in 1976 by James Sinegal and Jeffrey Brotman, Costco's journey began with a simple yet powerful ethos: to provide quality goods and services at the lowest possible prices. Unlike traditional retailers, Costco operates on a membership-only model, charging customers an annual fee for the privilege of accessing its wide range of products. This membership system generates a steady stream of revenue and fosters a sense of exclusivity among its shoppers, who are greeted with everything from electronics and groceries to luxury goods and vacation packages. The company's vast warehouses, designed for efficiency and cost savings, allow customers to purchase goods in bulk, further enhancing the value proposition. What truly sets Costco apart is its business model, which emphasizes high sales volume and rapid inventory turnover, allowing it to negotiate competitive prices with suppliers. A cornerstone of its success is the razor-thin markup strategy; Costco is known for capping markups on all goods, ensuring that customers find bargains they may not encounter elsewhere. The company's operations extend into ancillary businesses, including gas stations, food courts, and optical centers, each contributing marginally to profits but significantly to customer loyalty and foot traffic. By maintaining a streamlined selection of items—typically favoring high-quality, private-label brands—Costco achieves economies of scale that reinforce its cost leadership. Its dedication to employee satisfaction, with industry-leading wages and benefits, reflects a corporate philosophy that happy employees lead to happy customers, further driving its robust membership renewals and financial stability.

COST Intrinsic Value
486.3 USD
Overvaluation 49%
Intrinsic Value
Price

See Also

What is Costco Wholesale Corp's Tax Provision?
Tax Provision
-2.4B USD

Based on the financial report for Nov 24, 2024, Costco Wholesale Corp's Tax Provision amounts to -2.4B USD.

What is Costco Wholesale Corp's Tax Provision growth rate?
Tax Provision CAGR 10Y
-7%

Over the last year, the Tax Provision growth was -3%. The average annual Tax Provision growth rates for Costco Wholesale Corp have been -11% over the past three years , -15% over the past five years , and -7% over the past ten years .

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