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COST - Costco Wholesale News Story

$384.32 1.6  0.4%

Last Trade - 07/05/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £121.73bn
Enterprise Value £120.90bn
Revenue £127.85bn
Position in Universe 67th / 6858

BRIEF-Costco Wholesale Exec Says In Terms Of Renewal Rates, The U.S. And Canadian Renewal Rate Came In As For Q2 At 91.0% As Of Q2 End

Thu 4th March, 2021 11:31pm
March 4 (Reuters) - Costco Wholesale Corp Exec:
    * COSTCO WHOLESALE EXEC SAYS IN TERMS OF RENEWAL RATES, THE
U.S.
AND CANADIAN RENEWAL RATE CAME IN AS FOR Q2 AT 91.0% AS OF Q2
END
    * COSTCO WHOLESALE EXEC SAYS WORLDWIDE, OUR TOTAL COMPANY
RENEWAL
RATES WERE 88.5% AS OF Q2 END
    * COSTCO WHOLESALE EXEC SAYS IN TERMS OF NUMBER OF MEMBERS,
HOUSEHOLDS AT Q2 END, WE CAME IN AT 59.7 MILLION, UP FROM 59.1
MILLION 12 WEEKS EARLIER
    * COSTCO EXEC - $1 BILLION-PLUS EXPENSE RELATING TO EMPLOYEE
PAY
OVER PAST YEAR TO BE REDUCED BY LITTLE OVER 1/2 STARTING MAR 1
AFTER CO LIFTS MINIMUM WAGE

Further company coverage:  COST.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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