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16 - Costco

Spencer Lowell for Fortune

Costco may be grappling with lower gas prices that are eating into its sales growth, but the bulk retailer still outperforms Sam’s Club every quarter, and the company posted record sales in 2016. Costco benefits from having stores in more affluent areas than Sam’s does. It also invests heavily in improvements: it spent $2.65 billion to open 33 warehouses (it now runs 715), expand its distribution and transportation systems, remodel facilities; and upgrade its IT infrastructure. One soft spot? E-commerce. Costco has lagged rivals in terms of offering online services; it now operates digital stores in the U.S., Canada, the U.K., Mexico, Korea, and Taiwan. Costco was founded in 1976 and is based in Issaquah, Wash.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$118719
Revenue Percent Change2.2%
Profits ($M)$2,350.0
Profits Percent Change-1.1%
Assets ($M)$33163
Market Value — as of March 31, 2017 ($M)$73,606
Employees172,000
Previous Rank15

Company Facts

Employees172,000
SectorRetailing
IndustryGeneral Merchandisers
HQ LocationIssaquah, WA
CEOW. Craig Jelinek
CEO Title-
Websitewww.costco.com
Years on Fortune 500 List23

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