| Business Summary | | Costco
Wholesale
Corporation
operates
membership
warehouses
that
offer
very
low
prices
on
a
limited
selection
of
nationally
branded
and
selected
private
label
products
in
a
wide
range
of
merchandise
categories
in
no-frills,
self-service
warehouse
facilities.
At
September
3,
2000,
Costco
operated
313
warehouse
clubs,
comprised
of
237
in
the
United
States,
59
in
Canada,
10
in
the
United
Kingdom,
three
in
Korea,
three
in
Taiwan,
and
one
in
Japan.
As
of
September
3,
2000,
the
Company
also
operated
(through
a
50%-owned
joint
venture)
18
warehouses
in
Mexico. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Costco
Wholesale
Corporation
operates
warehouses
that
offer
low
prices
on
a
limited
selection
of
nationally
branded
and
selected
private
label
products
in
a
wide
range
of
categories
in
no-frills,
self-service
warehouses.
For
the
36
weeks
ended
5/13/01,
revenues
increased
10%
to
$23.66
billion.
Earnings
fell
5%
to
$411.4
million.
Revenues
reflect
the
opening
of
35
new
warehouses.
Earnings
were
offset
by
higher
merchandise
costs
and
S/G/A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jeffrey Brotman, 58 Chairman | $549K | $349K | James Sinegal, 64 Pres,
CEO | 551K | 349K | Richard Galanti, 44 CFO,
Exec. VP, Director | 481K | 1.6M | Richard DiCerchio, 57 Sr.
Exec. VP, COO, Merchandising, Distribution and Construction | 521K | 4.2M | Paul Moulton, 49 Exec.
VP, Marketing, E-commerce, Member Services and Publishing | -- | -- | Dollar amounts are as of 3-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|