People In Business NASDAQ 2

USA

Costco Wholesale director James D. Sinegal sells 19 January 2018

NEWS BITES - PEOPLE IN BUSINESS

Costco Wholesale (NASDAQ:COST) Director James D. Sinegal sold 30,000 shares worth $US5,761,758 on January 17. The selling price was $US192.06.

HTTP link to original article

https://www.sec.gov/Archives/edgar/data/909832/000120919118004449/xslF345X03/doc4.xml

James D. Sinegal (Reported Selling; trailing 12 months)
MonthNo. of SharesPrice, USDValue, USD
January 19, 201830,000192.065,761,758
Mar '1767,000165.8911,114,422
Total97,000173.9816,876,180

Original news release

Source: SEC

SECTION 1 BIOGRAPHY JAMES D. SINEGAL, DIRECTOR

James D. Sinegal was Chief Executive Officer of the Company until his retirement on December 31, 2011. He was also President until February 2010 and served as a non-officer employee from January 2012 through April 2013. Mr. Sinegal is a co-founder of the Company and has been a director since its inception. Mr. Sinegal's qualifications to serve on the Board include his roles as a co-founder of the Company, President, and Chief Executive Officer, his extensive career in the retail industry, and his knowledge of our Company's business developed over the course of his long career here.

SECTION 2 COSTCO WHOLESALE CORPORATION PRICE PERFORMANCE SCORECARD (NASDAQ:COST):

+ Costco Wholesale Corporation is placed 991/2,202 in the BSS News Bites ranking of price performance of NASDAQ stocks in the past year, a percentile ranking of 55.

2.1 MCap History:

In the past 5 years Market Capitalization has increased by $US40 billion from $US43.7 billion to $US83.7 billion. Based on a dynamic start date of 5 years ago, there has been no decline in MCap over the last 5 years.

PriceMCap (US$ B)
Last$US191.5183.7
1 Year ago$US163.7872.2
2 Years ago$US149.4966.1
3 Years ago$US139.0261.5
4 Years ago$US114.0551
5 Years ago$US98.2143.7

2.2 Moving Annual Return (Trailing 12 months):

Based on a dynamic start date of 5 years ago, the Moving Annual Return has consistently exceeded 10.0%.

COSTCloseDividendsCapital Gain %% YieldAnnual Return %
Last Traded Jan 19$US192.11$US8.9517.75.523.2
1 Year ago$US163.22$US1.759.21.210.4
2 Years ago$US149.49$US6.557.54.712.2
3 Years ago$US139.02$US1.3821.91.223.1
4 Years ago$US114.05$US1.2116.11.217.3

Close 5 years ago $US98.25.

2.3 Present Value of $US1000 invested in the past

The present value of $US1000 invested a year ago is $US1,230

PV$10001-week1-month1-year
COST.NASDAQ1,0119961,230
NASDAQ-100 Index1,0151,0581,347

2.4 Trailing Price Change %

1-Year price change for Costco Wholesale was 17.7%. Compared with the NASDAQ-100 Index which rose 34.8% in the year, the relative price change was -17.1%.

Price Change %1-Month3-Month1-Year
COST2.021.617.7
Retailing sector4.720.816.0
NASDAQ-100 Index5.211.934.8

SECTION 3 COSTCO WHOLESALE CORPORATION FINANCIALS AND GROWTH PERFORMANCE SCORECARD (NASDAQ:COST):

3.1 Key Financials (All figures percent)

EPS Growth has improved from 0.4% in 2014 to 14.0% in 2017, Return on Equity has improved from 16.7% in 2014 to 24.9% in 2017, Revenue Growth has improved from 7.1% in 2014 to 8.7% in 2017 and Operating Margin has improved from 2.9% in 2014 to 3.2% in 2017.

COSTRevenue GrowthEPS GrowthOperating MarginROE
20178.7143.224.9
20162.2-0.23.219.5
20153.215.53.222.4
20147.10.42.916.7

3.2 Growth

5-years average annualized earnings growth rate of 9.5%

+ Revenue growth rate is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

YearRevenue GrowthEPS GrowthEBITDA Growth
Sep 178.71411.2
Aug 162.2-0.20.6

3.3 Revenue and Net Profit

In the last 3 years Compound Annual Growth Rate (CAGR) averaged 4.6% for Total Revenue and 9.2% for Net Profit.

DescriptionAnnual ($US B)3-year Avg ($US B)3-year CAGR %
Total Revenue129121.34.6
EBITDA4.23.9-1.3
Operating Profit4.23.98.0
Net Profit2.72.59.2

CAGR = Compound Annual Growth Rate

3.4 Performance (All figures in %)

Return on Equity 3-year average is 22.2%.

DescriptionAnnual3-year Avg
EBITDA Margin3.23.2
Operating Profit Margin3.23.2
Net Profit Margin2.12.1
Return on Equity24.922.2
Return on Assets7.57.3
Return on Capital Employed22.122.0

3.5 High Performance Indicators:

DescriptionValueRank In NASDAQ Market
Turnover in Quarter$US31.1 billionIn Top 2%
Return on Capital Employed [ROCE] %22.1In Top Quartile
Interest Cover31.1In Top Quartile
Volatility %0.9In Top Quartile
3-mo Price Change %21.92In Top Quartile
Price to Sales0.7In Top Quartile

SECTION 4 COSTCO WHOLESALE CORPORATION MARKET POSITION AND GLOBAL RANK (NASDAQ:COST):

4.1 Market Position

Costco Wholesale Corporation (NASDAQ:COST), the NASDAQ's largest Retailer company by market cap, increased $US4.49 (or 2.4%) year-to-date (YTD) in 2018 to close at $US191.51. Compared with the NASDAQ-100 Index which has risen 6.5% YTD, this is a relative price change of -4.1%. A zero-bagger in 2017, the value of USD1,000 invested two years ago is $US1,363 [vs $US1,645 for the NASDAQ-100 Index], for a capital gain of $US281 and dividend reinvested of $US82. The average annualised return to shareholders has been 16.7% in the past two years. The average daily volume of 2.3 million shares so far in 2018 was 0.7 times the average daily volume in 2017.

4.2 Global Rank

Rank in the NASDAQ-100 Index [out of 103 stocks]

DescriptionValueRank
MCap (US$)83.7B23
Total Assets (US$)36.3B26
Revenue (US$)129B3
Net Profit (US$)2.7B22
Return on Equity %24.930
Net Profit Margin %2.190
Price to Book7.825
Price Earnings31.349
Yield %4.73
PV$1000 (1Year) US$1,23057
% Change YTD2.478

SECTION 5 OTHER DIRECTORS OF COSTCO WHOLESALE CORPORATION

W. Craig Jelinek, Chief Executive Officer & President & Director

Hamilton E. (Tony) James, Chairman

Richard A. Galanti, Chief Financial Officer & Executive Vice President

Kenneth D. Denman, Director

Jeffrey S. Raikes, Director

Susan L. Decker, Director

Daniel J. Evans, Director

Richard M. Libenson, Director

John W. Meisenbach, Director

Charles T. Munger, Director

Jill S. Ruckelshaus, Director

James D. Sinegal, Director

Hamilton E. James, Independent Director

John McKay, Executive Vice President

Joseph P. Portera, Executive Vice President

SECTION 6 COSTCO WHOLESALE CORPORATION ACTIVITIES

Costco Wholesale Corporation (Costco) operates membership warehouses-based offering its members products in a range of merchandise categories. It buys the majority of its merchandise directly from manufacturers and route it to a cross-docking consolidation point (depot) or directly to its warehouses. The Company's depots receive container-based shipments from manufacturers and reallocate these goods for shipment to its individual warehouses, generally in less than 24 hours. The Company's warehouse format averages approximately 140,000 square feet. Its warehouses operate on a seven-day, 69-hour week. It carries an average of approximately 4,000 active stockkeeping units (SKUs) per warehouse in its core warehouse business. Many consumable products are offered for sale in case, carton or multiple-pack quantities only. As of August 31, 2008, Costco operated 512 membership warehouses.

SECTION 7 RECENT NEWS ON DIRECTORS

7.1 SHAREHOLDER VALUE ADDED BY DIRECTORS

01 January 2018

Charles T. Munger brings three-bagger value to Costco Wholesale

Charles T. Munger was appointed Director of Costco Wholesale (NASDAQ:COST) twenty-one years ago on January 01, 1997. The present value of USD1,000 (PV1000) invested on the appointment date is $US3,818, for a capital gain of $US2,119 and dividend reinvested of $US699.

01 January 2018

Richard A. Galanti brings three-bagger value to Costco Wholesale

Richard A. Galanti was appointed Executive Vice President of Costco Wholesale (NASDAQ:COST) twenty-three years ago on January 01, 1995. The present value of USD1,000 (PV1000) invested on the appointment date is $US3,818, for a capital gain of $US2,119 and dividend reinvested of $US699.

05 December 2017

Jeffrey S. Raikes brings two-bagger value to Costco Wholesale

Jeffrey S. Raikes was appointed Director of Costco Wholesale (NASDAQ:COST) nine years ago on December 05, 2008. The present value of USD1,000 (PV1000) invested on the appointment date is $US2,460, for a capital gain of $US1,016 and dividend reinvested of $US444.

7.2 RECENT REPORTED SELLING

12 January 2018

Costco Wholesale chief financial officer and executive vice president Richard A. Galanti sells

Costco Wholesale (NASDAQ:COST) Chief Financial Officer and Executive Vice President Richard A. Galanti sold 5,000 shares worth $US958,087 on January 12. The selling price was $US191.62.

08 January 2018

Costco Wholesale executive vice president-international James P. Murphy sells

Costco Wholesale (NASDAQ:COST) Executive Vice President-International James P. Murphy sold 5,000 shares worth $US937,421 on January 05. The selling price was $US187.48. The shares hit a seven-day low on the day.

08 January 2018

Costco Wholesale executive vice president-information systems Paul G. Moulton sells

Costco Wholesale (NASDAQ:COST) Executive Vice President-Information Systems Paul G. Moulton sold 6,985 shares worth $US1,312,628 on January 18. The selling price was $US187.92.

03 January 2018

Costco Wholesale director John W. Meisenbach sells

Costco Wholesale (NASDAQ:COST) Director John W. Meisenbach sold 3,000 shares worth $US561,690 on January 02. The selling price was $US187.23. The shares hit a 14-day high on the day.

20 December 2017

Costco Wholesale chief operating officer-eastern and canadian divisions and executive vice president Joseph P. Portera sells

Costco Wholesale (NASDAQ:COST) Chief Operating Officer-Eastern and Canadian Divisions and Executive Vice President Joseph P. Portera sold 10,000 shares worth $US1,930,853 on December 18. The selling price was $US193.09.

19 December 2017

Costco Wholesale director Richard M. Libenson sells

Costco Wholesale (NASDAQ:COST) Director Richard M. Libenson sold 20,000 shares worth $US3,860,694 on December 18. The selling price was $US193.03.

7.3 UPDATED DIRECTOR PROFILES

19 December 2017

Susan L. Decker - Costco Wholesale updates director's profile

Costco Wholesale recently released their definitive SEC filing DEF 14A. The updated profile of Susan L. Decker (55), Director is shown below.Susan L. Decker has been a director of the Company since October 2004. She is Chief Executive Officer and a co-founder of Raftr, a digital media product, launched in 2017. She also serves as an adviser to several Internet start-ups. During the 2009 school year, she was an Entrepreneur-in-Residence at Harvard Business School. From 2000 to 2009, Sue served in various executive management roles at Yahoo! Inc., including President from 2007 to 2009 and Executive Vice President and Chief Financial Officer from 2000 to 2007. She is a director of Berkshire Hathaway Inc. and Vail Resorts, Inc. and was previously a director of Intel Corporation and Pixar. Ms. Decker's qualifications to serve on the Board include the knowledge and experience she has gained, and contributions she has made, during her tenure as a director of our Company, her service on the boards of other public companies, and her broad-ranging experiences, including senior leadership positions, in the areas of finance, technology and marketing.

19 December 2017

Kenneth D. Denman - Costco Wholesale updates director's profile

Costco Wholesale recently released their definitive SEC filing DEF 14A. The updated profile of Kenneth D. Denman (59), Director is shown below.Kenneth D. Denman was elected to the Board in March 2017. He is a Venture Partner at Sway Ventures. He was President and Chief Executive Officer of Emotient, Inc., a developer of technology to analyze facial expressions, until the company was acquired by Apple in January 2016. Previously, Ken was the Chief Executive Officer of Openwave Systems, Inc. and iPass, Inc. and a Senior Vice President for MediaOne. He is a member of the boards of directors of LendingClub, Inc., Mitek Systems, Inc. and Motorola Solutions, Inc. Previously he was a director at Shoretel Inc. Ken served in the Edward V. Fritzky chair as visiting professor at the University of Washington's Foster School of Business in the 2012 school year. Mr. Denman's qualifications to serve on the Board include knowledge and experience from service on the boards of other public companies, and his broad-ranging experiences, including chief executive and other leadership positions, in the areas of technology and international business.

19 December 2017

Charles T. Munger - Costco Wholesale updates director's profile

Costco Wholesale recently released their definitive SEC filing DEF 14A. The updated profile of Charles T. Munger (93), Director is shown below.Charles T. Munger has been a director of the Company since January 1997. He is Vice Chairman of the Board of Directors of Berkshire Hathaway Inc., and Chairman of the Board of Directors of Daily Journal Corporation. Mr. Munger's qualifications to serve on the Board include the knowledge and experience he has gained, and contributions he has made, during his tenure as a director of our Company, his service on the boards of other public companies, and his broad-ranging experiences in the areas of investments, finance, and insurance.

19 December 2017

W. Craig Jelinek - Costco Wholesale updates CEO, director and president's profile

Costco Wholesale recently released their definitive SEC filing DEF 14A. The updated profile of W. Craig Jelinek (65), CEO, Director and President is shown below.W. Craig Jelinek has been a director and President of the Company since February 2010, and Chief Executive Officer since January 1, 2012. Mr. Jelinek previously was President and Chief Operating Officer from February 2010 until January 2012, and was Executive Vice President in charge of merchandising beginning in 2004. He spent the previous twenty years in various management positions in warehouse operations. Mr. Jelinek's qualifications to serve on the Board include his extensive knowledge of our Company's business developed over the course of his long career here, particularly in the areas of operations and merchandising.

19 December 2017

Richard A. Galanti - Costco Wholesale updates CFO and executive vice president's profile

Costco Wholesale recently released their definitive SEC filing DEF 14A. The updated profile of Richard A. Galanti (61), CFO and Executive Vice President is shown below.Richard A. Galanti has been a director of the Company since January 1995, and Executive Vice President and Chief Financial Officer of the Company since October 1993. Mr. Galanti's qualifications to serve on the Board include his extensive knowledge of the Company's business developed over the course of his long career here, particularly in the areas of finance and financial reporting.

19 December 2017

Jeffrey S. Raikes - Costco Wholesale updates director's profile

Costco Wholesale recently released their definitive SEC filing DEF 14A. The updated profile of Jeffrey S. Raikes (59), Director is shown below.Jeffrey S. Raikes has been a director of the Company since December 2008. He is the co-founder of the Raikes Foundation, the mission of which is to empower young people to transform their lives. He was the Chief Executive Officer of the Bill & Melinda Gates Foundation from 2008 to 2014. Mr. Raikes held several positions with Microsoft Corp. from 1981 to 2008, including President of the Business Division from 2005 to 2008. Mr. Raikes's qualifications to serve on the Board are his broad-ranging experiences, including senior leadership positions, in the areas of technology and marketing and at the world's largest foundation.

19 December 2017

Hamilton E. (Tony) James - Costco Wholesale updates chairman's profile

Costco Wholesale recently released their definitive SEC filing DEF 14A. The updated profile of Hamilton E. (Tony) James (66), Chairman is shown below.Hamilton E. James has been a director of the Company since August 1988. He was the Lead Independent Director from 2005 until becoming the non-executive Chairman of the Board in August 2017. He is President and Chief Operating Officer of The Blackstone Group, a global alternative asset manager and provider of financial advisory services, and a member of the board of directors of its general partner, Blackstone Group Management L.L.C. He was previously a director of Credit Suisse First Boston USA, Inc. Mr. James's qualifications to serve on the Board include the knowledge and experience he has gained, and contributions he has made, during his tenure as a director of our Company and his broad-ranging experiences in the financial services industry, including senior leadership positions.

Source: www.BuySellSignals.com