COSTCO

  • Industry mourns loss of former Costco exec Charles Burnett

    Charles “Charlie” Burnett, a longtime Costco pharmacy executive, passed away early in the morning on June 1, the National Association of Chain Drug Stores announced Friday. Burnett is being remembered for his work as a pharmacy pioneer who helped build and grow Costco’s pharmacy business. 

    During his lifetime, Burnett became the only person to win both of NACDS’ highest honors — the Sheldon W. Fantle Lifetime Achievement Award and the Harold W. Pratt Award.

  • Costco sales upward bound in May

    ISSAQUAH, Wash. — Costco’s first monthly sales report since it beat Wall Street expectations with its Q3 results shows it continuing to right its ship after a difficult Q1 and Q2.

  • Costco’s Q3 income, earnings beat expectations after 2 tough quarters
    ISSAQUAH, Wash. — Costco came roaring back in its third quarter as it topped analysts' earnings and sales expectations amid strong U.S. sales. 
     

  • Study: DIR fees, MACs are biggest concerns for rural pharmacists

    IOWA CITY, Iowa — Direct and indirect remuneration fees and delayed maximum allowable cost adjustment ranked highest on scales of both magnitude and immediacy for rural pharmacists, according to new research released by the RUPRI Center for Rural Health Policy Analysis.

  • Costco’s April net sales rise by 5%

    ISSAQUAH, Wash. — Costco Wholesale reported net sales during April came in at $9.42 billion, an increase of 5% compared to the $8.98 billion it earned in the same month in 2016. The company noted it also had one fewer sales day due to the timing of Easter, which likely affected net and comparable sales by 1.5% to 2%.

  • Costco declares $3.1B special dividend

    ISSAQUAH, Wash. —  Costco declared a special cash dividend on Costco common stock of $7 per share, payable May 26, to shareholders of record at the close of business on May 10. The aggregate payment will be approximately $3.1 billion.

  • Costco: Growing the menu of health services

    The nation’s leading warehouse club operator continues to push into new markets with a determined expansion program both in the United States and internationally. In the process, Costco Wholesale also is extending its reach into the market for pharmacy and preventive health services, surging past the 500 mark in total pharmacies operating in the United States and expanding its menu of health screenings, immunizations and clinical-care offerings.

  • Costco sees strong March U.S. sales

    ISSAQUAH, Wash. — Costco Wholesale reported net sales of $11.64 billion for the month of March — the five weeks ended April 2, 2017 — an increase of 9% from $10.71 billion during the similar period last year. This year’s total reflects one additional sales day due to the timing of Easter, which positively impacted net and comparable sales by an estimated 1% to 1.5%.

  • Costco enters grocery delivery service game

    TAMPA, Fla. — Costco is entering the grocery delivery game via a partnership with online grocery marketplace Shipt. Beginning Tuesday, customers in the Tampa, Fla., region were able to receive home delivery of Costco products.

  • Report: High demand expected for Costco's USGA-approved golf ball
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