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| Costco Wholesale Corporation - BidnessEtc |
The Costco Wholesale
Corporation is primarily engaged in the production of different products
such as sundries, snack foods, alcoholic and non-alcoholic beverages, cleaning
supplies, candies, office supplies, cameras, hardware, and a wide array of
other products. The company has its warehouses in different parts of the world
such as United States, Canada, Puerto Rico, Japan, Mexico, Australia, and
United Kingdom.
Over the course of time, the company has expanded its
infrastructure and is considering building more warehouses in the future. This
has resulted directly in terms of the rising demand of COST stocks. The is evidenced through the rising stock price of the
company in the last 5 year, as the stock price at the beginning of 2009 was
$24.33 and it has reached up to $111.68 in the beginning of the year 2014.
Other details relating to the Costco finance show that the revenues of the company in the end of
2013 were $23715.0 million, which were higher than the revenues collected in
2012, which were $21,628 million. Similarly, the revenues are expected to rise
in the end of 2014 by 6%, i.e. $25,017 million. This shows that the company is
going in the right direction where maximized profits are awaiting the company
officials.
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