secwatch.observer — SEC 8-K summary
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Issuer:     COSTCO WHOLESALE CORP /NEW (COST)
CIK:        0000909832
Form:       8-K
Filed at:   2024-04-10T23:59:59+00:00
Accession:  0000909832-24-000020
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Costco raises quarterly dividend to $1.16 from $1.02; March sales +9.4% to $23.48B
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- Quarterly dividend increased to $1.16/share ($4.64 annualized), payable May 10 to holders of record Apr 26.
- March net sales $23.48B, up 9.4% vs $21.46B last year; first 31 weeks sales $146.64B (+6.4%).
- Total comparable sales +7.7% (5 wks); U.S. +7.3%, Canada +8.9%, e-commerce +28.3%.
- Easter timing shift positively impacted total comparable sales by ~0.5% for the month.
- Costco now operates 876 warehouses globally, including 604 in the U.S. and Puerto Rico.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909832/000090983224000020/0000909832-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909832/000090983224000020/cost-20240410.htm
  HTML page:      https://secwatch.observer/filing/0000909832-24-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer