COST Stock Recent News

ISSAQUAH, Wash., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of $1.16 per share. The quarterly dividend is payable November 15, 2024, to shareholders of record at the close of business on November 1, 2024.

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A customer-centric approach, strategic pricing, merchandise initiatives and an emphasis on memberships help Costco post consistent sales growth.

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Costco shoppers stocked up on supplies in anticipation of the US port strike and Hurricane Helene. Costco says the "abnormal" activity had a measurable impact on monthly sales.

Wholesale retailer Costco (COST) reported a boost in September sales in the lead-up to Hurricane Helene and the port workers' strikes. Catalysts co-hosts Seana Smith and Madison Mills dig into Costco's latest same-store sales figures Weather Trends International Founder and CEO Bill Kirk joined the program earlier in the week to outline how major retailers interpret extreme weather forecasts in relation to their sales and inventory trends.

Shoppers didn't pinch pennies at Costco (COST) last month.