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COST / Costco boss to step down after more than a decade

Costco boss to step down after more than a decade
Costco Wholesale Corporation (NASDAQ:COST), the wholesale retailer, confirmed its long-time chief executive officer Craig Jelinek is stepping down,with Ron Vachris, the current chief operating officer, taking over from January 1. Jelinek, 71, succeeded co-founder James Sinegal back in 2012 as CEO and during his twelve years at the helm he has allowed the company's share price to rocket by close to 500%. Read More
Posted: Oct 19 2023, 04:51
Author Name: Proactive Investors
Views: 112478

COST News  

10 Ways Costco is Cheaper Than Sam's Club

By 24/7 Wall Street
November 4, 2023

10 Ways Costco is Cheaper Than Sam's Club

In the realm of retail giants, Costco and Sam's Club stand out as the titans of bulk sales. more_horizontal

Where Will Costco Stock Be in 3 Years?

By The Motley Fool
November 3, 2023

Where Will Costco Stock Be in 3 Years?

Costco is structured as a club, with customers paying membership fees to shop at its stores. Membership fees are a small component of revenue, but a b more_horizontal

3 Restaurant Stocks That Will Be Delicious Buys This Holiday Season

By InvestorPlace
November 2, 2023

3 Restaurant Stocks That Will Be Delicious Buys This Holiday Season

The holiday has always been a time for reflection, celebration and gratitude for Americans. This is also a time when investors can buy restaurant stoc more_horizontal

5 Wholesale Retailers to Buy Ahead of the Holiday Season

By Zacks Investment Research
November 2, 2023

5 Wholesale Retailers to Buy Ahead of the Holiday Season

We have narrowed our search to five heavyweight U.S. wholesale retailers that have strong potential for the rest of 2023. These are: WMT, TJX, COST, R more_horizontal

Costco's October sales rise 4.5% to $18.5 billion

By Market Watch
November 1, 2023

Costco's October sales rise 4.5% to $18.5 billion

Costco Wholesale Corp. COST late Wednesday said that its October net sales rose 4.5% to $18.53 billion, from $17.73 billion in October 2022. Costco sa more_horizontal

Lawmakers say Costco's decision to continue selling banned China surveillance tech is ‘puzzling'

By TechCrunch
November 1, 2023

Lawmakers say Costco's decision to continue selling banned China surveillance tech is ‘puzzling'

Two U.S. lawmakers have asked retail giant Costco why it continues to sell surveillance equipment made by Lorex, despite warnings of cybersecurity ris more_horizontal

Billionaire Investor Charlie Munger Loves Costco Stock. You'll Never Guess Which Growth Stock He Says Is Copying the Costco Playbook.

By The Motley Fool
November 1, 2023

Billionaire Investor Charlie Munger Loves Costco Stock. You'll Never Guess Which Growth Stock He Says Is Copying the Costco Playbook.

Charlie Munger has vowed to never sell any of his $100 million position in retail chain Costco. Costco uses a large warehouse store model to increase more_horizontal

Costco (COST) Stock Falls Amid Market Uptick: What Investors Need to Know

By Zacks Investment Research
October 31, 2023

Costco (COST) Stock Falls Amid Market Uptick: What Investors Need to Know

In the most recent trading session, Costco (COST) closed at $552.44, indicating a -0.44% shift from the previous trading day. more_horizontal


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