Friday, November 30, 2012
Costco Wholesale Corp: $COST Cash Flow Valuation Update
Current Price: ~ $104/share
Yield: ~ 1.02%
As of August, Costco Wholesale Corporation operates 439 membership warehouse clubs in the United States, 82 in Canada, 32 in Mexico, 22 in the United Kingdom, 13 in Japan, nine in Taiwan, eight in Korea and three in Australia. The base and executive membership cost $55 and $110 per year, respectively. The company sells food, fuel, and general merchandise to its members but derives most of its profits from membership fees.