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
$528.93
Day's Change
3.42 (0.65%)
Bid
--
Ask
--
B/A Size
--
Day's High
537.50
Day's Low
524.77
Volume
(Above Average)
Volume:
2,984,376

10-day average volume:
2,574,423
2,984,376

HYRE LAWSUIT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving HyreCar Inc.

6:04 pm ET October 13, 2021 (Newsfile) Print

New York, New York--(Newsfile Corp. - October 13, 2021) - The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased HyreCar Inc. ("HyreCar") (NASDAQ: HYRE) between May 14, 2021 and August 10, 2021.

If you suffered a loss, contact us at the link below. There is no cost or obligation to you.

https://www.wongesq.com/pslra-1/hyrecar-inc-loss-submission-form?prid=20412&wire=5

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7094/99602_995993_logo.jpg



Allegations against HYRE include that the Company made materially false and/or misleading statements and/or failed to disclose that: (a) HyreCar had materially understated its insurance reserves; (b) HyreCar had systematically failed to pay valid insurance claims incurred prior to the Class Period; (c) HyreCar had incurred significant expenses transitioning to its new third-party insurance claims administrator and processing claims incurred from prior periods; (d) HyreCar had failed to appropriately price risk in its insurance products and was experiencing elevated claims incidence as a result; (e) HyreCar had been forced to dramatically reform its claims underwriting, policies and procedures in response to unacceptably high claims severity and customer complaints; and (f) as a result, HyreCar's operations and prospects were misrepresented because the Company was not on track to meet the financial estimates provided to investors during the Class Period, and such estimates lacked a reasonable basis in fact, including HyreCar's purported gross margin, EBITDA (earnings before interest, taxes, depreciation, and amortization), and net loss trajectories.

If you suffered a loss in HyreCar you have until October 26, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.

39 East Broadway

Suite 304

New York, NY 10002

Tel. 212.425.1140

Fax. 866.699.3880

E-Mail: vw@wongesq.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99602

comtex tracking

COMTEX_395134849/2523/2021-10-13T18:04:43

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