The Numbers Don't Lie: Costco Earnings Preview

Costco, the largest warehouse club, faces challenges from a strong dollar and falling gas prices affecting sales. Despite this, Costco is expanding with nearly 700 stores and plans to add 20 new stores annually. The company is focusing on growth in the South, Midwest, and Northeast. Capital expenditures have increased significantly to support this expansion. Memberships, particularly executive ones, are a key revenue stream, with significant weekly growth in new members.

What is the annual revenue of Costco mentioned in the text?

What are the primary sources of revenue growth for Costco?

In which regions does Costco have room to grow according to the text?

How many new stores is Costco planning to add each year?

What percentage of Costco's member base do executive members represent?