COST 8-K Current Reports
COSTCO WHOLESALE CORP /NEW - 267 current reports
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Jul 8, 2026)
Costco Wholesale Corporation (COST) announced a quarterly cash dividend on its common stock. The Board of Directors declared a dividend of $1.47 per share, a positive signal for shareholders focused on income generation. This dividend demonstrates the company's continued ability to return capital to its investors, reflecting confidence in its financial stability and ongoing operational performance. The dividend is payable on August 7, 2026, to shareholders of record as of July 24, 2026. Investors should note the record date to ensure they are eligible to receive the payout. While this filing does not contain detailed financial performance updates, the consistent declaration of dividends is a key indicator of a mature and cash-generative business model.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (May 28, 2026)
Costco Wholesale Corporation /New (COST) filed an 8-K on May 28, 2026, to report its financial and operating results for the third quarter and the first 36 weeks of fiscal year 2026, ending May 10, 2026. The filing includes a press release (Exhibit 99.1) detailing these results and a supplemental information package (Exhibit 99.2) offering further insights into the company's performance. Investors should review these attached documents for specific financial metrics, sales figures, and operational performance details for the reported periods.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Apr 15, 2026)
Costco Wholesale Corporation (COST) announced a significant increase in its quarterly cash dividend, a move that directly benefits its shareholders. The Board of Directors declared a dividend of $1.47 per share, representing a substantial increase from the previous $1.30 per share. This hike translates to an annualized dividend of $5.88 per share, signaling management's confidence in the company's financial health and its commitment to returning value to investors. The dividend is payable on May 15, 2026, to shareholders of record as of May 1, 2026. This announcement is a key indicator of Costco's ongoing financial strength and its ability to generate consistent cash flow to support dividend growth.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Mar 5, 2026)
Costco Wholesale Corporation (COST) filed an 8-K on March 5, 2026, to announce its financial results for the second quarter and the first 24 weeks of fiscal year 2026, ending February 15, 2026. The filing also includes sales results for the four weeks ended March 1, 2026. Investors should refer to the attached press release (Exhibit 99.1) and the supplemental information (Exhibit 99.2) for detailed operational and financial performance data. The primary purpose of this 8-K is to provide timely updates on the company's performance as disclosed in the accompanying press release. While the 8-K itself does not contain the specific financial figures, it directs investors to the exhibits where these details can be found. These exhibits are crucial for understanding the company's revenue generation, profitability, and overall financial health during the reported periods.
COSTCO WHOLESALE CORP /NEW 8-K Report, Shareholder Vote Results (Jan 21, 2026)
Costco Wholesale Corporation (COST) has filed an 8-K report detailing the outcomes of its Annual Meeting of Shareholders held on January 15, 2026. The key takeaway for investors is the strong shareholder support for the company's leadership and financial oversight. All nominated directors were re-elected, indicating continued confidence in the current board's strategic direction. Furthermore, shareholders overwhelmingly ratified the selection of KPMG LLP as the independent auditor for fiscal year 2026, a crucial vote of confidence in the company's financial reporting integrity. In addition to governance matters, the report highlights the company's commitment to returning value to shareholders through a declared quarterly cash dividend of $1.30 per share, payable in February 2026. While a shareholder proposal regarding a greenwashing risk audit was not approved, the overwhelming success of the other voting items suggests a stable and supportive shareholder base focused on operational and financial performance.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Dec 11, 2025)
Costco Wholesale Corporation /New (COST) has filed an 8-K report on December 11, 2025, detailing its operating results for the first quarter of fiscal year 2026, which concluded on November 23, 2025. The report primarily serves to attach the press release (Exhibit 99.1) and supplemental information (Exhibit 99.2) related to these Q1 FY2026 results. While the 8-K itself does not contain the specific financial figures, investors are directed to the attached exhibits for a comprehensive understanding of the company's performance. These documents are expected to outline key metrics such as revenue, net income, comparable sales, and other operational data, providing crucial insights into Costco's recent business trajectory and its ability to meet market expectations. Investors should carefully review these exhibits to assess the company's financial health and future outlook.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Oct 20, 2025)
Costco Wholesale Corporation (COST) has filed an 8-K report detailing the approved fiscal year 2026 bonus criteria for its executive officers. The Compensation Committee and Nominating and Governance Committee have established performance targets for both financial and environmental/social objectives, which will influence executive bonuses. This filing provides investors with insight into how executive compensation is structured and linked to the company's performance and strategic priorities for the upcoming fiscal year.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Oct 15, 2025)
Costco Wholesale Corporation (COST) announced a quarterly cash dividend on its common stock. The Board of Directors declared a dividend of $1.30 per share, payable on November 14, 2025, to shareholders of record as of the close of business on October 31, 2025. This action reflects the company's ongoing commitment to returning value to its shareholders.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Sep 25, 2025)
Costco Wholesale Corporation (COST) filed an 8-K report on September 24, 2025, announcing its operating results for the 16-week fourth quarter and the 52-week fiscal year, both ended August 31, 2025. This filing primarily serves to attach the press release containing these financial results as Exhibit 99.1 and supplemental information as Exhibit 99.2. Investors should refer to these attached documents for detailed financial performance, including key metrics such as revenue, net income, and comparable store sales for both the quarter and the full fiscal year. The attached press release and supplemental information are crucial for understanding Costco's recent performance and future outlook. Investors will be looking for trends in sales growth, membership trends, and any commentary on economic conditions or strategic initiatives that may impact the business. While the 8-K itself is brief, it directs stakeholders to the comprehensive financial data that will inform investment decisions regarding COST.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Aug 7, 2025)
Costco Wholesale Corporation announced a significant leadership transition on August 4, 2025, with the upcoming retirement of Russ Miller, Senior Executive Vice President overseeing U.S. and Mexico Operations, effective February 2026. This change marks the end of a notable tenure for Mr. Miller, who has been instrumental in the company's operational success in these key markets. Investors should note this planned transition as it involves a top operational executive. Concurrently, Costco has appointed Caton Frates, currently Executive Vice President and COO of the Southwest Division, to the newly defined role of Senior Executive Vice President, Warehouse Operations - U.S. and Mexico, also effective February 2026. This strategic appointment of Ms. Frates signals a continuation of the company's focus on strong operational leadership and leverages her experience from a significant regional division. Investors can view this as a proactive succession plan designed to ensure continuity in critical operational leadership.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Jul 16, 2025)
Costco Wholesale Corporation (COST) announced a quarterly cash dividend of $1.30 per share, payable on August 15, 2025, to shareholders of record as of August 1, 2025. This action by the Board of Directors reflects the company's continued commitment to returning value to its shareholders through regular dividend payments. While this filing is primarily a routine announcement of dividend declaration, it is important for investors to note the specific dates for record and payment to ensure they are eligible to receive the dividend. The declaration signifies ongoing financial health and confidence in future cash flows, allowing for consistent shareholder distributions.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Jun 11, 2025)
Costco Wholesale Corporation (COST) has announced a significant leadership transition within its finance department. Effective July 1, 2025, Dan Hines will retire from his role as Senior Vice President, Corporate Controller, and Principal Accounting Officer, concluding a distinguished 35-year career with the company. While retiring from his primary officer duties, Mr. Hines will continue in a Senior Vice President capacity until his full retirement in January 2026. Stepping into this critical role is Tiffany Barbre, who has been appointed as the new Senior Vice President, Corporate Controller, and Principal Accounting Officer. Ms. Barbre, with extensive experience at Costco since 2005, including her recent position as Vice President, Assistant Corporate Controller, brings a deep understanding of the company's financial operations. Her appointment reflects a continuity of internal talent and expertise in financial leadership.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (May 29, 2025)
Costco Wholesale Corporation (COST) has filed an 8-K report on May 29, 2025, to announce its operating results for the third quarter and the first 36 weeks of fiscal year 2025, ended May 11, 2025. This filing includes a press release detailing these financial performance figures, along with a supplemental information package for the third quarter. While the specific financial metrics are not detailed within the 8-K text itself, these attached exhibits are crucial for investors to understand the company's recent sales performance, profitability, and overall financial condition. Investors should carefully review the attached press release (Exhibit 99.1) and the supplemental information (Exhibit 99.2) for comprehensive details on Costco's third-quarter performance. These documents will likely contain key information such as revenue growth, net income, earnings per share (EPS), comparable store sales, and potentially updates on membership trends and strategic initiatives. The filing serves as an official notification of these results, providing timely data for investment analysis and decision-making.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Apr 16, 2025)
Costco Wholesale Corporation (COST) announced a significant increase in its quarterly cash dividend. The Board of Directors approved a hike in the dividend payout from $1.16 to $1.30 per share, representing an annualized rate of $5.20. This move signals strong confidence from management in the company's financial health and its ability to generate consistent cash flows to reward shareholders. The dividend is scheduled to be paid on May 16, 2025, to shareholders of record as of May 2, 2025. This dividend increase is a positive development for investors, particularly income-focused ones, and suggests that Costco is committed to returning capital to its owners.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Mar 6, 2025)
Costco Wholesale Corporation (COST) filed an 8-K on March 6, 2025, to report its financial results for the second quarter and the first 24 weeks of fiscal year 2025, ending February 16, 2025. The filing also includes sales results for the four weeks ended March 2, 2025. Investors should refer to the accompanying press release (Exhibit 99.1) and the supplemental information (Exhibit 99.2) for detailed operating results and financial condition updates. This report primarily serves as a notification mechanism for the release of quarterly earnings information. While the 8-K itself does not contain the detailed financial figures, it directs investors to the official documents where these crucial metrics can be found. The attached exhibits are expected to provide key performance indicators, including revenue, net income, comparable store sales, and potentially membership fee income, all of which are critical for assessing the company's ongoing financial health and operational performance.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Feb 3, 2025)
Costco Wholesale Corporation (COST) has filed an 8-K report detailing the retirement of Richard Galanti from his role as Executive Vice President, effective January 30, 2025. This follows his previously announced retirement as Chief Financial Officer on March 15, 2024. Mr. Galanti also concluded his tenure as a member of the Company's Board of Directors at the 2025 Annual Meeting. While this filing primarily concerns executive transitions, it signifies the final departure of a long-standing executive figure who played a key role in the company's financial strategy and operations.
COSTCO WHOLESALE CORP /NEW 8-K Report, Shareholder Vote Results (Jan 27, 2025)
Costco Wholesale Corporation (COST) filed an 8-K report detailing the outcomes of its Annual Meeting of Shareholders held on January 23, 2025. The meeting saw overwhelming shareholder approval for the re-election of all nominated directors and the ratification of KPMG LLP as the independent auditor for fiscal year 2025. Additionally, the advisory vote on executive compensation for fiscal year 2024 also received strong shareholder backing. Notably, a shareholder proposal requesting a report on the risks associated with maintaining Diversity, Equity, and Inclusion (DEI) efforts was not approved. The Board of Directors also declared a quarterly cash dividend of $1.16 per share, payable on February 21, 2025, to shareholders of record on February 7, 2025. These events affirm strong board and auditor confidence, alongside continued shareholder support for executive compensation practices, while indicating a preference against further reports on DEI risk.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Dec 12, 2024)
Costco Wholesale Corporation (COST) filed an 8-K on December 11, 2024, announcing its operating results for the first quarter of fiscal year 2025, which ended on November 24, 2024. The filing includes a press release and supplemental information, providing investors with key financial and operational data for the most recent reporting period. Investors should review the attached press release (Exhibit 99.1) and earnings release supplement (Exhibit 99.2) for detailed information on Costco's performance during the first quarter of fiscal 2025. These documents are expected to contain metrics such as net sales, comparable store sales, membership renewal rates, and any significant business developments that may impact the company's financial condition and future outlook.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Nov 7, 2024)
Costco Wholesale Corporation (COST) filed an 8-K on November 6, 2024, detailing the fiscal year 2025 bonus criteria for its executive officers, approved on November 4, 2024. This filing is important for investors as it outlines the performance-based compensation structure, directly linking executive pay to company financial results and increasingly, environmental and social (ESG) objectives. The bonus structure for executives (excluding the CEO) includes targets for sales and pre-tax income, with the potential for payouts to range from zero to 120% of the target amount. A significant portion of the bonus is now tied to achieving environmental and social performance criteria, including diversity, equity, inclusion (DEI), resource consumption, and emissions reduction. The CEO's bonus structure is similarly defined, with a higher potential payout and a specific allocation for quantitative ESG metrics.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Oct 17, 2024)
Costco Wholesale Corporation announced a quarterly cash dividend of $1.16 per share on its common stock. This dividend, declared by the Board of Directors on October 16, 2024, underscores the company's commitment to returning value to its shareholders. The payment date is set for November 15, 2024, with a record date of November 1, 2024, ensuring that shareholders of record as of that date will receive the distribution. This dividend declaration is a routine event for Costco, reflecting its consistent financial performance and ability to generate sufficient cash flow to support regular payouts to investors. While this 8-K filing does not contain new financial results, the dividend announcement provides positive reinforcement for income-focused investors and signals ongoing operational strength.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Sep 26, 2024)
Costco Wholesale Corporation (COST) has filed an 8-K report on September 26, 2024, primarily announcing its operating results for the fourth quarter and the full fiscal year 2024, which concluded on September 1, 2024. This filing indicates that the company has released a press release (Exhibit 99.1) and a supplemental information package (Exhibit 99.2) detailing these financial outcomes. Investors should review these attached exhibits for specific performance metrics, profitability, and any forward-looking statements or guidance provided by the company. The core of this 8-K is the disclosure of financial performance for the recently ended fiscal year and its concluding quarter. While the 8-K itself does not contain the detailed financial figures, it directs stakeholders to the accompanying press release and supplemental data. These documents are crucial for understanding Costco's revenue growth, membership trends, comparable store sales performance, and overall financial health, which are key indicators for the retail giant.
COSTCO WHOLESALE CORP /NEW 8-K Report, Bylaw Amendment (Sep 20, 2024)
Costco Wholesale Corporation (COST) has filed an 8-K detailing amendments to its corporate bylaws, effective September 16, 2024. The primary change introduces a "cure process" for shareholder director nominations. This means that if a shareholder submits a director nomination notice within the prescribed timeframe, Costco will now notify the shareholder of any deficiencies in that notice and provide an opportunity to correct them within a specified period. This amendment aims to streamline the director nomination process and ensure greater adherence to procedural requirements by shareholders. For investors, this change is procedural and administrative rather than operational or financial. It signals the company's commitment to maintaining clear governance procedures and potentially making it easier for eligible shareholders to comply with nomination requirements, provided they address any identified issues promptly. The full text of the amended bylaws is available as an exhibit to this filing.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Jul 10, 2024)
Costco Wholesale Corporation (COST) announced on July 10, 2024, that its Board of Directors has declared a quarterly cash dividend of $1.16 per share. This regular dividend payment reflects the company's ongoing commitment to returning capital to its shareholders. The dividend is scheduled to be paid on August 9, 2024, to stockholders who are on record as of the close of business on July 26, 2024. While this 8-K filing is primarily focused on the dividend declaration, it also includes a press release dated July 10, 2024, and the cover page interactive data file. Investors should note that this filing does not contain any updates on financial performance or significant operational changes beyond the dividend announcement. Future filings will be crucial for monitoring Costco's financial health and strategic developments.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (May 30, 2024)
Costco Wholesale Corporation (COST) filed an 8-K on May 30, 2024, to report its operating results for the third quarter and the first thirty-six weeks of fiscal year 2024, ending May 12, 2024. The report primarily serves as a notification of the release of their earnings press release and supplemental information, which are attached as exhibits. Investors should refer to these attached documents (Exhibit 99.1 and Exhibit 99.2) for detailed financial performance metrics, including net sales, comparable store sales, and any commentary on the company's financial condition and results of operations for the reported periods. While the 8-K itself does not contain the specific financial figures, it directs investors to the accompanying press release and supplemental materials for a comprehensive understanding of Costco's recent performance. These exhibits are crucial for evaluating the company's sales trends, profitability, and overall business health as of the end of the third quarter of fiscal 2024. Investors are encouraged to review these documents for detailed insights into the company's operational and financial standing.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Apr 10, 2024)
Costco Wholesale Corporation announced a significant capital allocation decision through its Board of Directors on April 9, 2024. The company declared a quarterly cash dividend on its common stock, increasing it to $1.16 per share. This represents an annualized dividend of $4.64 per share, reflecting a commitment to returning value to shareholders. The dividend is payable on May 10, 2024, to shareholders of record as of April 26, 2024. This dividend increase is a positive signal for investors, indicating confidence in the company's financial health and its ability to generate consistent cash flow. While no other material financial information was disclosed in this specific 8-K filing, the increased dividend payout suggests a favorable outlook for Costco's operational performance and its capacity to fund growth initiatives while also rewarding its equity holders.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Mar 7, 2024)
Costco Wholesale Corporation (COST) filed an 8-K on March 7, 2024, to report its financial and sales results for the second quarter and the first 24 weeks of fiscal year 2024, ending February 18, 2024, as well as sales for the four weeks ending March 3, 2024. The filing itself primarily directs investors to an attached press release (Exhibit 99.1) for the detailed operating results, indicating that the company is adhering to standard disclosure practices for financial reporting. Investors should review the press release furnished with this 8-K for comprehensive insights into Costco's recent performance, including key metrics such as net sales, comparable store sales, membership fees, and any commentary on profitability drivers or future outlook. The information provided in the press release will be crucial for understanding the company's ongoing business trends and financial health.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Feb 9, 2024)
Costco Wholesale Corporation announced a significant leadership change within its finance department, with long-time Chief Financial Officer Richard Galanti set to retire on March 15, 2024. Mr. Galanti, who has served nearly forty years, will transition to an Executive Vice President role and remain on the Board of Directors. This transition marks the end of an era for a key executive who has been instrumental in Costco's financial strategy and growth. The company has appointed Gary Millerchip as the new Executive Vice President and CFO, effective March 15, 2024. Mr. Millerchip brings extensive experience from his previous role as Senior Vice President and CFO of The Kroger Co. His compensation package includes a base salary, annual bonuses, and substantial restricted stock unit (RSU) grants, reflecting the company's investment in its new CFO. These grants include an initial RSU grant of $2.8 million and a subsequent annual grant of $5.6 million, with additional RSUs totaling $7 million as a signing bonus, all subject to vesting and performance conditions.
COSTCO WHOLESALE CORP /NEW 8-K/A Report, Executive Changes (Jan 22, 2024)
Costco Wholesale Corporation filed an amendment (8-K/A) to a previous Current Report on Form 8-K, originally filed on August 17, 2023. This amendment primarily clarifies the committee appointments for newly elected director Helena Buonanno Foulkes. While Ms. Foulkes was elected to the Board of Directors on August 16, 2023, she was not initially assigned to any board committees. The amendment specifically details her subsequent appointments to the Audit Committee and the Nominating and Governance Committee, effective January 18, 2024. This information is significant for investors as it confirms the composition and functioning of key board committees, which are responsible for oversight of financial reporting and corporate governance.
COSTCO WHOLESALE CORP /NEW 8-K Report, Shareholder Vote Results (Jan 22, 2024)
Costco Wholesale Corporation (COST) filed an 8-K on January 22, 2024, detailing the outcomes of its Annual Meeting of Shareholders held on January 18, 2024. The primary focus for investors is the overwhelmingly positive shareholder votes on key governance matters. All nominated directors were re-elected, and the selection of KPMG LLP as the independent auditor for fiscal year 2024 received strong ratification. Additionally, the advisory vote on executive compensation for fiscal year 2023 was approved, signaling shareholder confidence in the company's leadership and compensation practices. Notably, a shareholder proposal requesting a fiduciary carbon-emission relevance report was not approved. The company also announced a quarterly cash dividend of $1.02 per share, payable on February 16, 2024, to shareholders of record on February 2, 2024. This dividend payment underscores Costco's commitment to returning value to its shareholders.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Dec 14, 2023)
Costco Wholesale Corporation (COST) filed an 8-K on December 13, 2023, announcing its first-quarter operating results for the 12-week period ending November 26, 2023. While the filing itself directs investors to a press release (Exhibit 99.1) for the detailed financial results, a significant announcement within the 8-K is the declaration of a special cash dividend. This special dividend amounts to $15 per share, payable on January 12, 2024, to shareholders of record as of the close of business on December 28, 2023. This dividend distribution is a material event for shareholders, indicating a return of capital and potentially reflecting strong cash flow generation and confidence in the company's financial position. Investors should refer to the accompanying press release for the comprehensive first-quarter financial performance metrics.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Nov 24, 2023)
Costco Wholesale Corporation (COST) filed an 8-K on November 23, 2023, detailing executive compensation criteria for Fiscal Year 2024. The Compensation Committee approved bonus targets for executive officers, with a significant portion tied to sales and pre-tax income achievements. A new element introduced for Fiscal Year 2024 is the inclusion of environmental and social performance metrics as a component of executive bonuses, reflecting a growing emphasis on ESG initiatives within the company. The filing also outlines specific bonus structures for incoming President and CEO Ron Vachris and notes that outgoing CEO Craig Jelinek has opted out of receiving a bonus for Fiscal Year 2024. These adjustments to executive compensation, particularly the performance-based incentives and ESG components, are key considerations for investors assessing management's strategic alignment and future operational focus.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Oct 20, 2023)
Costco Wholesale Corporation announced a significant leadership transition, with CEO Craig Jelinek intending to step down effective January 1, 2024. Ron Vachris, currently President and Chief Operating Officer, will succeed Mr. Jelinek as President and Chief Executive Officer. Mr. Jelinek will continue to serve as an employee in an advisory capacity through April 2024 and will remain on the Board of Directors, standing for re-election in January 2024, ensuring a smooth handover and continuity. In parallel with this leadership change, the Compensation Committee has established compensation for Mr. Vachris in his new role, including a base salary of $1.15 million and a performance-based Restricted Stock Unit (RSU) award valued at approximately $10.4 million for fiscal year 2024. Additionally, the Board of Directors declared a quarterly cash dividend of $1.02 per share, payable on November 17, 2023, to shareholders of record on November 3, 2023, demonstrating a continued commitment to returning value to shareholders.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Sep 26, 2023)
Costco Wholesale Corporation (COST) filed an 8-K on September 26, 2023, to announce its financial results for the fourth quarter and full fiscal year 2023, both ending on September 3, 2023. The filing primarily references a press release, Exhibit 99.1, which contains the detailed operating results for these periods. Investors should refer to this press release for comprehensive insights into Costco's performance, including key financial metrics, sales figures, and any forward-looking statements provided by management. The report itself is brief, as it serves to formally submit the press release to the SEC. The press release is the critical document for understanding the company's recent financial condition and operational performance. Investors are advised to review the linked press release for a thorough understanding of Costco's results and management's commentary on its business outlook.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Aug 17, 2023)
Costco Wholesale Corporation (COST) announced a significant update regarding its Board of Directors. On August 16, 2023, Helena Buonanno Foulkes was elected as a new director, effective immediately. Ms. Foulkes brings external expertise to the board, though she has not yet been assigned to any board committees. Her appointment is in line with the company's standard compensation practices for non-executive directors and includes participation in the 2019 Incentive Plan, signaling a consistent approach to director remuneration.
COSTCO WHOLESALE CORP /NEW 8-K Report, Bylaw Amendment (Aug 10, 2023)
Costco Wholesale Corporation (COST) filed an 8-K report on August 9, 2023, detailing amendments to its corporate bylaws and the declaration of a quarterly dividend. The bylaw amendments, effective August 9, 2023, primarily focus on enhancing shareholder communication and proxy solicitation rules. These changes aim to provide greater transparency and standardize procedures related to shareholder nominations and business proposals, including requirements for proxy solicitation disclosures and the use of specific proxy card colors. In addition to the bylaw updates, the company announced a quarterly cash dividend of $1.02 per share. This dividend is payable to shareholders of record as of August 25, 2023, with a payment date of September 8, 2023. Investors should note these changes as they impact corporate governance procedures and provide a direct return of capital to shareholders.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (May 25, 2023)
Costco Wholesale Corporation filed an 8-K report on May 24, 2023, to announce its financial results for the third quarter and the first thirty-six weeks of fiscal year 2023, ending May 7, 2023. This filing serves as the official notification to investors and the market about the company's performance during the period. The primary purpose of this 8-K is to provide access to the press release containing these detailed operating results, which is attached as an exhibit.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Apr 19, 2023)
Costco Wholesale Corporation (COST) announced a significant increase in its quarterly cash dividend, raising it to $1.02 per share, which annualizes to $4.08 per share. This move signals strong confidence from the Board of Directors in the company's financial health and its ability to generate consistent cash flows. The increased dividend payout is a positive signal for income-focused investors, suggesting a commitment to returning value to shareholders.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Mar 3, 2023)
Costco Wholesale Corporation (COST) filed an 8-K on March 3, 2023, to announce its financial and sales results for its second quarter and the first 24 weeks of fiscal year 2023, ended February 12, 2023, as well as sales for the four weeks ended February 26, 2023. The report primarily serves as a notification of the press release containing these details, which is included as an exhibit. Investors should refer to the press release for specific financial performance metrics, including revenue, net income, and comparable sales growth. This filing indicates that Costco is adhering to its regular reporting schedule and providing timely updates on its business performance. The company has not elected to use the extended transition period for new accounting standards, signifying a commitment to current accounting practices.
COSTCO WHOLESALE CORP /NEW 8-K Report, Shareholder Vote Results (Jan 25, 2023)
Costco Wholesale Corporation (COST) filed an 8-K report detailing the outcomes of its Annual Meeting of Shareholders held on January 19, 2023. The primary focus of this filing is the voting results on several key corporate governance matters. Notably, all nominated directors were re-elected to serve until the 2024 Annual Meeting, and the selection of KPMG LLP as the independent auditor for fiscal year 2023 was ratified. Shareholders also provided advisory approval for executive compensation in fiscal year 2022 and indicated a preference for annual advisory votes on executive compensation going forward. The report also includes the results of a shareholder proposal concerning the risks associated with state policies restricting reproductive rights. While the proposal did not pass, the details of the vote offer insight into shareholder sentiment on this specific issue. Overall, the filing indicates strong shareholder support for the company's board and auditor, along with a clear direction on executive compensation review frequency.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Jan 19, 2023)
Costco Wholesale Corporation (COST) announced a quarterly cash dividend on its common stock. The Board of Directors declared a dividend of $0.90 per share, payable on February 17, 2023, to shareholders recorded by the close of business on February 3, 2023. This declaration is routine and reflects the company's consistent practice of returning capital to its shareholders.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Dec 9, 2022)
Costco Wholesale Corporation (COST) filed an 8-K on December 8, 2022, to report its operating results for the first quarter of fiscal year 2023, which ended on November 20, 2022. The filing primarily directs investors to the attached press release for detailed financial and operational performance information. This 8-K is a standard disclosure mechanism for timely reporting of material events and financial results, allowing investors to stay informed about the company's recent performance shortly after the quarter's close. Investors should review the press release referenced in the filing (Exhibit 99.1) for crucial metrics such as net sales, comparable store sales, membership renewal rates, and any management commentary on the quarter's performance. While this 8-K itself is brief, its purpose is to formally integrate the press release's contents into the SEC's public record, providing a critical update on Costco's financial condition and operational results for the period.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Nov 9, 2022)
Costco Wholesale Corporation (COST) filed an 8-K on November 8, 2022, detailing the fiscal year 2023 executive bonus performance criteria approved by the Compensation Committee of the Board of Directors. This filing outlines the structure and targets for executive compensation, emphasizing performance-based incentives tied to key financial and non-financial metrics. The company is reinforcing its commitment to aligning executive rewards with strategic objectives such as sales growth, profitability, and environmental, social, and governance (ESG) initiatives. The approved criteria indicate a multi-faceted bonus structure for its top executives, including the CEO, President, and other executive officers. A significant portion of potential bonuses is linked to achieving specific sales and pre-tax income targets, with payouts ranging from zero to 120% of the target amount based on performance levels. Additionally, a component of the bonus is now tied to environmental and social objectives, reflecting a growing emphasis on ESG factors within the company's compensation strategy. This approach aims to motivate leadership to drive both financial success and responsible corporate citizenship.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Oct 12, 2022)
Costco Wholesale Corporation (COST) announced a quarterly cash dividend of $0.90 per share on its common stock. This dividend is a regular return of capital to shareholders and reflects the company's ongoing commitment to providing value to its investors. The ex-dividend date is October 28, 2022, with the payment date set for November 10, 2022. Investors should note this dividend declaration as a sign of consistent financial health and shareholder-friendly policies. While this 8-K filing is primarily focused on the dividend announcement, it also notes the inclusion of a press release dated October 12, 2022, and interactive data files. Investors seeking detailed financial performance updates would need to refer to other filings, such as the quarterly earnings report, as this 8-K does not contain specific financial results or operational metrics.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Sep 23, 2022)
Costco Wholesale Corporation (COST) filed an 8-K on September 23, 2022, to report its financial and operating results for the fourth quarter and full fiscal year ended August 28, 2022. The key takeaway for investors is the release of these official earnings figures, which are detailed in the accompanying press release. This filing serves as the primary channel for disseminating crucial performance metrics that drive investor decisions and market valuation. Investors should review the press release for comprehensive data on revenue, net income, earnings per share, and sales trends, as these form the basis for assessing the company's financial health and growth trajectory over the reported periods.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Jul 13, 2022)
Costco Wholesale Corporation (COST) announced on July 13, 2022, a quarterly cash dividend of $0.90 per share on its common stock. This dividend reflects the company's ongoing commitment to returning capital to its shareholders and underscores its financial stability. The payment date for this dividend is August 12, 2022, with shareholders of record as of July 29, 2022, being eligible to receive it. This filing, classified as an 8-K report, primarily details the dividend declaration, which is a standard practice for mature and profitable companies like Costco. While no significant operational or financial updates were provided beyond the dividend announcement in this particular filing, the declaration itself is a positive signal for investors, indicating continued confidence in the company's earnings power and cash flow generation capabilities.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (May 26, 2022)
Costco Wholesale Corporation (COST) filed an 8-K on May 26, 2022, to announce its financial results for the third quarter and the first thirty-six weeks of fiscal year 2022, ending May 8, 2022. The primary purpose of this filing is to disseminate the information contained in the company's press release dated May 26, 2022, which provides detailed operating results and financial condition updates for the period. Investors should refer to the press release, attached as Exhibit 99.1, for the specific financial metrics, including revenue, net income, and earnings per share.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (May 6, 2022)
Costco Wholesale Corporation announced a significant executive promotion effective May 4, 2022. Russ Miller has been appointed to the position of Senior Executive Vice President, U.S. Operations. In this expanded role, Mr. Miller will continue to report directly to Chief Executive Officer W. Craig Jelinek, indicating a continued focus on centralized leadership and strategic oversight for the company's core U.S. market. This appointment signifies a recognition of Mr. Miller's extensive experience within Costco. His prior roles include Executive Vice President, Chief Operating Officer for the Southwest Division and Mexico, a position he held since January 2018, and Senior Vice President of the Western Canada Region from 2001 to January 2018. His long tenure and progressive responsibilities suggest a deep understanding of Costco's operational intricacies and a proven track record in managing significant geographical divisions.
COSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Apr 13, 2022)
Costco Wholesale Corporation (COST) announced on April 13, 2022, a quarterly cash dividend increase to $0.90 per share. This represents an annualized dividend of $3.60 per share, signaling continued confidence in the company's financial health and its commitment to returning value to shareholders. The dividend is payable on May 13, 2022, to stockholders of record as of April 29, 2022. This dividend increase, declared by the Board of Directors, is a positive indicator for investors, suggesting robust performance and a strong cash flow generation capability. Investors should note that this is a regular quarterly dividend, and the increase reflects the company's sustained financial strength rather than a one-time special payout. The consistency and growth of dividends are often key metrics for income-focused investors.
COSTCO WHOLESALE CORP /NEW 8-K Report, Executive Changes (Mar 9, 2022)
Costco Wholesale Corporation (COST) announced a significant executive transition in its international operations through an 8-K filing on March 8, 2022. James Murphy, Executive Vice President and Chief Operating Officer, International, will be retiring at the end of 2022. Mr. Murphy has had a long tenure with the company, contributing for over thirty-five years. His departure marks the end of an era for a key leader in Costco's global expansion and operational management.
COSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Mar 4, 2022)
Costco Wholesale Corporation (COST) filed an 8-K on March 4, 2022, to report its financial and sales results for its second quarter and the first 24 weeks of fiscal year 2022, which ended on February 13, 2022, along with sales figures for the four weeks concluding February 27, 2022. The details of these results were disseminated via a press release dated March 3, 2022, which is included as an exhibit to this filing. Investors should refer to the press release for specific financial metrics and performance indicators as this 8-K primarily serves as a notification and repository for that information.