Costco Wholesale traded at $1,048.95 this Friday May 15th, increasing $7.70 or 0.74 percent since the previous trading session. Looking back, over the last four weeks, Costco Wholesale gained 6.25 percent. Over the last 12 months, its price rose by 2.25 percent. Looking ahead, we forecast Costco Wholesale to be priced at 1,027.87 by the end of this quarter and at 967.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and through its subsidiaries in Taiwan. The Company's average warehouse space is approximately 146,000 square feet. The Company's warehouses on average operate on a seven-day, 70-hour week. The Company offers merchandise in various categories, which include food and sundries (including dry foods, packaged foods, groceries, snack foods, candy, alcoholic and nonalcoholic beverages, and cleaning supplies); hardlines (including appliances, electronics, health and beauty aids, hardware, and garden and patio); fresh foods (including meat, produce, deli, and bakery); softlines (including apparel and small appliances), and ancillary (including gasoline and pharmacy businesses).