Costco Wholesale Corp
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Consumer Staples : Food & Staples Retailing | Large Cap Blend
Company profile

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and through its subsidiaries in Taiwan. The Company's average warehouse space is approximately 146,000 square feet. The Company's warehouses on average operate on a seven-day, 70-hour week. The Company offers merchandise in various categories, which include food and sundries (including dry foods, packaged foods, groceries, snack foods, candy, alcoholic and nonalcoholic beverages, and cleaning supplies); hardlines (including appliances, electronics, health and beauty aids, hardware, and garden and patio); fresh foods (including meat, produce, deli, and bakery); softlines (including apparel and small appliances), and ancillary (including gasoline and pharmacy businesses).

Closing Price
Day's Change
3.42 (0.65%)
B/A Size
Day's High
Day's Low
(Above Average)

10-day average volume:

Chinese EV maker Nio says Q3 deliveries totaled 24,439 vehicles, topping its own guidance

8:11 am ET October 1, 2021 (MarketWatch)

Nio Inc. ADRs (NIO) jumped 3% in premarket trade Friday, after the the China-based electric vehicle maker reported deliveries of 10,628 vehicles in September, up 125.7% from the year-earlier period, and deliveries of 24,439 vehicles in the third quarter. The third-quarter number was ahead of the company's own guidance from early September of 22,500 to 23,500 vehicles. At the time, the company said the global chip shortage was expected to weigh, and lowered guidance from an earlier range of 23,000 to 25,000 vehicles. "As of September 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 142,036 vehicles," the company said in a statement. The third-quarter number represents an increase of 100.2% from the third quarter of 2020. Shares have gained more than 400% in the year to date, while the S&P 500 has gained 14.7%.

-Ciara Linnane


(END) Dow Jones Newswires

October 01, 2021 08:11 ET (12:11 GMT)

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