Costco's Warehousing Money
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Operational efficiencies and a booming top line fuel Costco's amazing run.
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Great results bode well for investors, but keep an eye on inventories.
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Aren't warehouse stores supposed to be cheap?
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Salt Lake-based Extra Space Storage Inc. said Friday that its board of directors has declared a quarterly dividend of 22.77 cents per share of common stock.  The dividend is payable June 29 to stockholders of record June 15.
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On Monday, Costco Wholesale Corp. (COST), better known for bulk chicken and cases of soda, started test marketing caskets along side mattresses at a North Side Chicago store. They're also being sold at a suburban Oak Brook store.
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These days chains such as Costco and Whole Foods Market sell seafood in such quantities that they can  make deals directly with fisheries and set up their own processing plants, cutting out the middleman.
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Is the warehouse club operator on the rise?
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Investors are selling stock in the storage king. Why?
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The retailer wallows in penny-stock pain.
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Costco Wholesale Corp.  posted a 10 percent rise in quarterly profit on Thursday, slightly above Wall Street expectations, but said it would take a $70 million charge related to company stock options.
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Costco Wholesale Corp.'s December sales increased 9 percent at stores open at least a year, the largest U.S. warehouse club said on Thursday.
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Costco Wholesale Corp  said on Thursday its quarterly profit rose almost 11 percent, meeting Wall Street targets, as bargain-hunting customers headed to its discount stores to buy cheaper gasoline and food.
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Business & money: Â· Store group challenges Tesco view on pricesÂ· Pledge to give a better deal to smaller suppliers
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Company executives are putting their money where their mouths are.
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Three of the nation&#39;s largest warehouse retailers - Wal-Mart, Home Depot and Costco Wholesale Corp. - have much in common: In opening hundreds of new stores, they&#39;ve hired tens of thousands of hourly employees, many of whom have become managers.
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Costco Wholesale Corp  said on Thursday its quarterly profit rose almost 11 percent as bargain-hunting customers headed to its clubs to buy cheap gasoline and discounted food to offset rising prices.
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Which stocks stash their cash in a flash?