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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