th Quarter - Stockline › wp-content › uploads › 2018 › ... · affecting the acquisition,...
Transcript of th Quarter - Stockline › wp-content › uploads › 2018 › ... · affecting the acquisition,...
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4th Quarter
FY 2018
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Certain information contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, conditions affecting the acquisition, development, ownership or use of real estate, actions of vendors, rising costs associated with employees (including health care and workers’ compensation costs), rising costs associated with the acquisition of merchandise (including the direct and indirect effects of the rising cost of petroleum-based products and fuel and energy costs), geopolitical conditions and other risks identified from time to time in the Company’s public statements and reports filed with the Securities and Exchange Commission. The statements and information in the presentation are current only as of its date, and we do not undertake to subsequently update them.
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Bonney Lake, WA
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Monterey Park, CA (NRL)
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Minneapolis, MN Bus. Ctr
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Eastvale, CA
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Ukiah, CA
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N Spokane, WA (NRL)
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Thorncliffe Park, ON
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McKinney, TX
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Pflugerville (NE Austin), TX
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Mt. Pleasant, SC
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Woodstock, GA
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Nisku, AB
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Villahermosa, MX
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Epping, AUS
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Sejong, KO
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Costco Today
• 3rd Largest Global retailer
• 15th Largest in Fortune 500
• $98 Billion market cap
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Costco Today
• Sales $138.4B – FY’18
• 110.5M Sq. Ft. (145K / whse.)
• 243K employees worldwide
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762 Warehouses Worldwide
Costco Today
527 - U.S. 13 - Taiwan
100 - CN 10 - Australia
39 - Mexico 2 - Spain
28 - UK 1 - Iceland
26 - Japan 1 - France
15 - Korea
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Costco Today
Members:
• 51.6M households
• 94.3M total cardholders
• 90% renewal rate (U.S. & CN)
• $3.1B in cash fees (LTM)
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Fiscal Year
2017 2018
Sales $126,172 $138,434
Gross Margin 11.33% 11.04%
Membership 2.26% 2.27%
SG&A 10.26% 10.02%
Operating Inc. $4,111 $4,480
Net Income $2,679 $3,134
E.P.S $6.08 $7.09
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4th Quarter (MM$)
2017 2018
Sales $41,357 $43,414 +5%
Operating Income $1,449 $1,447 0%
Net Income $919 $1,043 +13%
E.P.S. $2.08 $2.36 +13%
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Wine Department
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FY’18 Meat Sales $7.4B
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FY’18 Bakery Sales $1.7B
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FY’18 Produce Sales $7.1B
Sourcing from 44 countries
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Optical
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Food Court
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Hearing Aids
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Car Wash
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Tire Center
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Financial Position (M’s)
Q4, FY’18
Cash & Equivalents $6,055
Long Term Debt $6,487
Stockholders’ Equity $12,799
Property & Equipment (net) $19,680
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Dividends
• Initiated May 2004 at $0.40
• Currently at $2.28
• Compound Annual Growth Rate 13%
• $1.0B Annually
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4th Quarter
FY 2018