Costco

Costco Wholesale Corporation (NASDAQ: COST) and its subsidiaries are predominantly involved in the operation of membership warehouse club retail stores. Costco’s operations were spread across 871 locations across 14 countries as of December 2023. Costco also operates ecommerce websites in the US, Canada, Mexico, the UK, Korea, Taiwan, Japan, and Australia. The company generated a total revenue of USD 242.3 billion in FY2023 (year ending September 30), while merchandise sales accounted for ~98% of total revenue.

The US was the largest market, representing ~73% of total revenue in FY2023, followed by Canada (~14%). Other international markets, including Mexico, Japan, and the UK, accounted for 13% of total revenue. 

Costco intends to expand its operations by opening 33 additional new warehouses in FY2024 (including two relocations). Costco’s Global Energy Strategy plans to reduce the company’s Scope 1 and Scope 2 emissions by 39% by 2030 (from a 2024 baseline). The company also plans to reduce its Scope 3 emissions (excluding fuel) by 20% by 2030 (from a 2024 baseline).