‘The Big Money Show’ talks DEI policy in corporations as Costco continues its resistance while Disney reportedly is rolling back efforts.
Costco is opening nine new warehouse stores this year around the world, with six beginning operations in cities across the United States in the coming weeks.
According to an announcement on the company’s website, stores are set to open in Brentwood, California; Highland, California; Prosper, Texas; Weatherford, Texas; Genesee County, Michigan; and Sharon, Massachusetts, in March 2025.
Stuart, Florida, will get a store of its own the following month, as will Minami Alps in Japan.
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A Costco employee helps monitor customers at Self Check-out kiosks in Florida. (Lindsey Nicholson/UCG/Universal Images Group / Getty Images)
Later this year, with no determined date, a Costco is coming to Ardeer, Australia.
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Customers enter a Costco Wholesale Corp. warehouse store in Hawthorne, California, on June 12, 2024. (PATRICK T. FALLON/AFP via Getty Images / Getty Images)
“We continue to project 29 openings during fiscal year ’25, of which three will be relocations and so 26 net new buildings,” Costco CEO and President Ron Vachris said in a December 2024 earnings call. “Ten of those warehouses will be outside of the U.S.”
Costco’s January sales results reported net sales of $19.51 billion for the retail month of January, which is a 9.2% increase from last year.
Customers wait in line to order the Costco Kirkland Signature $1.50 hot dog and soda combo, which has maintained the same price since 1985 despite consumer price increases and inflation, at the food court outside a Costco Wholesale Corp. warehouse st (PATRICK T. FALLON/AFP via Getty Images) / Getty Images)
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| COST | COSTCO WHOLESALE CORP. | 1,037.05 | -18.61 | -1.76% |
The retailer currently operates 897 warehouses worldwide.
“We see some great opportunities in Canada and Mexico have been strong countries for us. We continue to see growth opportunities both in Europe and Asia as well,” Vachris said during the December 2024 earnings call.
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Costco’s next earnings call and sales results will be released on March 6.
