Overview
Description
Costco Wholesale Depositary Receipt represents an interest in the equity shares of Costco Wholesale Corporation, a leading global retailer. Costco operates an extensive network of membership-only warehouse clubs, providing a diverse range of products, including groceries, home goods, electronics, and apparel. The primary function of these depositary receipts is to facilitate investment in Costco for US investors in domestic markets, offering them ease of trade and liquidity. Notably, Costco's business model revolves around bulk sales at discounted prices to a vast membership base, which contributes to its strong revenue streams. This model also drives significant influence in the retail sector and impacts a wide array of industries, from consumer goods to supply chain logistics. In the financial market, Costco Wholesale Depositary Receipts represent stability and growth, reflecting the company's ability to adapt and thrive in various economic climates. By enabling investors to participate in Costco's financial success, these depositary receipts play a crucial role in enhancing investor reach and strengthening market ties.
About
CEO
Mr. Ron M. Vachris
Employees
333000
Address
999 Lake Drive
Issaquah, 98027, WA
United States
Issaquah, 98027, WA
United States
Phone
425 313 8100
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Discount Stores
Country
Argentina
MIC code
XBUE