secwatch.observer — SEC 8-K summary
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Issuer:     COSTCO WHOLESALE CORP /NEW (COST)
CIK:        0000909832
Form:       8-K
Filed at:   2024-07-10T23:59:59+00:00
Accession:  0000909832-24-000036
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Costco reports June sales up 7.4%, announces membership fee increase effective Sept 1, 2024
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- June net sales $24.48B, +7.4% YoY; total company comp sales +5.3% (+6.9% ex gas/FX).
- Quarterly cash dividend of $1.16 per share declared, payable Aug 9, 2024 to holders of record July 26.
- U.S./Canada membership fees rise Sept 1: Gold Star/Business to $65, Executive to $130; max 2% reward to $1,250.
- Fee increase impacts ~52 million memberships; over half are Executive memberships.
- E-commerce comp sales +18.4% for the five weeks; +19.1% excluding gas and FX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909832/000090983224000036/0000909832-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909832/000090983224000036/cost-20240710.htm
  HTML page:      https://secwatch.observer/filing/0000909832-24-000036

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