Retail: 100% (2025)

Top 3 Markets:

1. USA: about 70%
2. Canada: about 14%
3. International (including UK, Japan, Korea): about 16%

Costco Wholesale Corporation generates the majority of its revenues from retail, with the USA being the largest market. The US market dominates with about 70% of total revenue. Canada follows as the second largest market with about 14%. The rest of the international markets, including the UK, Japan, and Korea, contribute about 16% to the revenue.

This distribution demonstrates Costco's strong presence in North America, while the company continues to expand internationally to increase its market share.

Main production sites: Distributed worldwide, with a focus on North America and Asia.

Costco Wholesale Corporation sources its products from a variety of suppliers worldwide, rather than producing them itself. The company collaborates with manufacturers and suppliers who produce their products in different countries, with a significant portion of the products originating from North America and Asia.

Costco's strategy is to offer high-quality products at competitive prices, which is achieved through efficient supply chain management and collaboration with global manufacturers.

Revenue Growth: 9.4% (2024) Profit Growth: 10.1% (2024)

Costco Wholesale Corporation pursues a multi-pronged growth strategy focusing on expansion in both existing and new markets. A key element of this strategy is the opening of new stores, especially in international markets, to strengthen its global presence.

Furthermore, Costco is heavily investing in enhancing its e-commerce platform to cater to the growing online trade and improve customer experience. This includes optimizing the supply chain and expanding the product range in the online sector.

Another focus is on increasing membership numbers through attractive membership programs and exclusive offers. This is intended not only to enhance customer loyalty but also to secure a stable source of revenue. Costco is also committed to sustainability initiatives to increase operational efficiency and reduce its ecological footprint, which is expected to bring cost savings in the long run.

Main Imported Raw Materials/Items:

1. Electronics
2. Food (e.g. fruits, vegetables, meat)
3. Clothing
4. Household goods

Main Importing Countries:

• China: Electronics, household goods, clothing
• Mexico: Fruits, vegetables
• Canada: Meat, wood products
• Vietnam: Clothing, shoes
• India: Textiles, spices

Costco Wholesale Corporation imports a variety of raw materials and finished goods to support the wide range of products in its stores. Electronics and household goods are mainly imported from China, which is considered one of the largest export partners for these categories.

Food such as fruits and vegetables are often sourced from Mexico by Costco, while meat products are frequently imported from Canada. Clothing and textiles come from various Asian countries, including Vietnam and India, known for their cost-effective production.

This import strategy enables Costco to offer competitive prices and ensure a wide range of products.

Market share in US retail: 8.5% (2024) Membership retention rate: 90% (2024) Revenue growth: 9.4% (2023)

Costco Wholesale Corporation possesses a significant competitive advantage that is composed of several factors. The market share of 8.5% in US retail indicates that the company holds a strong position in the market. An essential aspect of this advantage is the membership model, which boasts a high membership retention rate of 90%. This customer loyalty ensures stable and recurring revenues.

Additionally, in 2023, Costco recorded a revenue growth of 9.4%, indicating effective expansion and adaptation to market trends. The ability to offer products in large quantities at competitive prices further strengthens its competitive position.

Another advantage is the efficient supply chain and limited assortment, which keeps operating costs low while providing high quality at low prices. This makes Costco an attractive destination for price-conscious consumers and contributes to its long-term competitiveness.

Institutional investor share: approx. 70% (estimated for 2025 based on historical data)

Insider purchases/sales: No significant changes in the last year

The institutional investor share at Costco Wholesale Corporation traditionally stands at around 70%. This demonstrates the confidence of large institutional investors in the company's stability and growth potential.

Regarding insider purchases and sales, there have been no significant changes in the last year. This suggests that the management and other insiders do not expect significant deviations from the current price or that they are satisfied with the current company strategy.

Market share of Costco: Estimated 14% (2025)

Major competitors and estimated market shares:

1. Walmart Inc. - 25%
2. Amazon.com, Inc. - 20%
3. Costco Wholesale Corporation - 14%
4. The Kroger Co. - 9%
5. Target Corporation - 7%
6. Aldi - 5%
7. Lidl - 4%
8. Walgreens Boots Alliance, Inc. - 3%
9. CVS Health Corporation - 3%
10. Dollar General Corporation - 2%

Costco Wholesale Corporation holds a significant market share in the retail sector, especially in the warehouse club segment. Costco's moat is based on its membership model, which generates stable revenues, as well as its ability to offer products at competitive prices. This is supported by efficient supply chains and strong relationships with suppliers.

Compared to its competitors, Costco has a solid moat, although not as pronounced as Amazon's, which has a significant advantage due to its technological infrastructure and market dominance in e-commerce. Walmart remains the biggest competitor with a broad physical and digital distribution network.

Costco's focus on customer satisfaction and high-quality private label products also contributes to its competitive advantage. However, they must continuously invest in technology and customer experience to keep pace with the rapidly growing online platforms and changing consumer behavior.

Revenue growth: 9.4% (2024) Profit growth: 7.8% (2024) Market share in retail: 8.2% (2024)

Costco Wholesale Corporation recorded solid revenue growth of 9.4% in 2024, attributed to strong customer demand and effective business strategies. Profit growth was at 7.8%, demonstrating the company's ability to remain profitable despite rising operating costs.

Costco's market share in retail stands at 8.2%, positioning the company as one of the leading players in this sector. Costco benefits from a loyal customer base and a proven business model based on memberships that generate stable revenues.

Additionally, Costco has invested in expanding its stores and improving its e-commerce platform in recent years, providing further growth potential in the future. The company's strong financial position and strategic investments make the stock a potentially attractive investment for long-term oriented investors.

Dividend yield: 0.7% (estimated for 2025)

Dividend history: Annual payout for over 15 years

Costco Wholesale Corporation regularly pays a dividend. The dividend yield is currently around 0.7%, which is relatively low compared to other companies in the retail industry. This is because Costco reinvests a large portion of its profits to promote further growth.

The reliability of dividend payment is high, as the company has been consistently paying dividends for over 15 years. Costco has a strong financial position and generates stable cash flows, supporting its ability to pay dividends. Analysts expect the company to maintain or even increase its dividend in the future, provided that growth continues.