GITNUX MARKETDATA REPORT 2024

Must-Know Costco Statistics [Recent Analysis]

Highlights: The Most Important Costco Statistics

  • Costco has an annual revenue of approximately $163.22 billion (2020).
  • As of 2021, there are 810 Costco warehouses worldwide.
  • Costco has over 105.5 million active cardholders (2021).
  • The average warehouse size of Costco is 145,000 square feet.
  • Costco is the largest wine retailer in the United States, selling over $1 billion worth of wine annually.
  • 88% of Costco members renew their membership every year.
  • In 2020, Costco sold over 116 million rotisserie chickens per year.
  • Costco sold 5.5 million pumpkin pies during the 2020 Thanksgiving holiday season.
  • In 2020, over 265,000 people were employed by Costco.
  • The average hourly wage for a Costco employee is $21.
  • Costco sold approx. 100 million hot dogs in 2019.
  • In 2021, Costco’s private label brand “Kirkland Signature” accounted for over 30% of Costco’s sales.
  • In 2020, Costco made a profit of approximately $4 billion.
  • In 2017, 83% of Costco’s U.S. members were aged 25-64.
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Costco is one of the world’s largest retailers, with an annual revenue of approximately $163.22 billion (2020), 810 warehouses worldwide and over 105.5 million active cardholders (2021). The average warehouse size is 145,000 square feet and Costco sells over $1 billion worth of wine annually. 88% of members renew their membership every year, while 116 million rotisserie chickens are sold per year and 5.5 million pumpkin pies were sold during the 2020 Thanksgiving holiday season alone. In 2020, 265,000 people were employed by Costco at an average hourly wage rate of $21; 100 million hot dogs were also sold in 2019 as well as 13% U.S sales from gasoline that same year – resulting in a profit for Costco estimated to be around $4 billion dollars. Kirkland Signature private label brand accounted for 30% or more sales in 2021 while e-commerce generated about 11$47 Billion USD through its platform last year too. Furthermore Forbes ranked it 15th on Global 2000 list among World’s Best Employers this 2021 with 076 % dividend yield .

The Most Important Statistics
Costco has an annual revenue of approximately $163.22 billion (2020).

This statistic is a testament to the immense success of Costco, demonstrating the company’s ability to generate a staggering amount of revenue each year. It is a clear indication of the company’s financial strength and its ability to remain competitive in the retail industry. This statistic is an important part of any discussion about Costco’s success and its place in the retail market.

As of 2021, there are 810 Costco warehouses worldwide.

This statistic is a testament to the success of Costco’s business model, demonstrating the company’s global reach and influence. It is a powerful indicator of the company’s growth and expansion, and a reminder of the impact Costco has had on the retail industry. As such, it is an important piece of information to include in a blog post about Costco Statistics.

Costco Statistics Overview

Costco has over 105.5 million active cardholders (2021).

This statistic is a testament to the immense popularity of Costco, demonstrating the sheer number of people who have chosen to become cardholders. It speaks to the trust and loyalty that Costco has earned from its customers, and the success of its business model.

The average warehouse size of Costco is 145,000 square feet.

This statistic is a testament to the sheer size of Costco’s warehouses, highlighting the immense scale of their operations. It speaks to the company’s commitment to providing customers with a wide selection of products and services, as well as their ability to efficiently manage their inventory. This statistic is a key indicator of Costco’s success and is an important part of understanding the company’s overall performance.

Costco is the largest wine retailer in the United States, selling over $1 billion worth of wine annually.

This statistic is a testament to the immense popularity of Costco as a wine retailer. It speaks to the trust and loyalty that customers have in the company, as well as the quality of the products they offer. It also highlights the sheer size of the company’s wine business, which is a testament to its success.

88% of Costco members renew their membership every year.

This statistic is a testament to the loyalty of Costco members, demonstrating that the majority of customers are satisfied with their membership and continue to renew it year after year. It speaks to the quality of the products and services that Costco offers, and the overall value of the membership. This statistic is an important indicator of the success of Costco and its ability to retain customers.

In 2020, Costco sold over 116 million rotisserie chickens per year.

This statistic is a testament to the immense popularity of Costco’s rotisserie chickens. It speaks to the sheer number of customers who flock to Costco each year to purchase their beloved rotisserie chickens. It also highlights the success of Costco’s rotisserie chicken business, which has become a staple of the company’s offerings. This statistic is a clear indication of the success of Costco’s rotisserie chicken business and the loyalty of its customers.

Costco sold 5.5 million pumpkin pies during the 2020 Thanksgiving holiday season.

This statistic is a testament to the immense popularity of Costco’s pumpkin pies during the 2020 Thanksgiving holiday season. It speaks to the fact that millions of people chose to purchase their pies from Costco, making it a clear favorite among shoppers. This statistic is a great example of the success that Costco has had in providing quality products to its customers.

In 2020, over 265,000 people were employed by Costco.

This statistic is a testament to the success of Costco, demonstrating the company’s ability to provide employment opportunities to a large number of people. It is a clear indication of the company’s growth and success, and is an important factor to consider when discussing Costco’s overall performance.

The average hourly wage for a Costco employee is $21.

This statistic is a testament to the value Costco places on its employees. It shows that the company is willing to pay its workers a competitive wage, which is a reflection of their commitment to providing quality jobs. This is an important factor to consider when looking at the overall success of the company, as it demonstrates their dedication to their employees and their commitment to providing a positive work environment.

Costco sold approx. 100 million hot dogs in 2019.

This statistic is a testament to the immense popularity of Costco’s hot dogs. It speaks to the sheer number of customers who have enjoyed the convenience and affordability of Costco’s hot dogs over the past year. It also highlights the success of Costco’s business model, which has enabled them to provide such a large quantity of hot dogs to their customers.

In 2021, Costco’s private label brand “Kirkland Signature” accounted for over 30% of Costco’s sales.

This statistic is a testament to the success of Costco’s private label brand, Kirkland Signature. It demonstrates that the company has been able to successfully create and market a product that appeals to a wide range of customers, and that customers are willing to purchase it in large quantities. This is an important indicator of Costco’s success and provides insight into the company’s ability to create and market products that customers want.

In 2020, Costco made a profit of approximately $4 billion.

This statistic is a testament to Costco’s success in 2020, highlighting the company’s impressive financial performance despite the economic challenges of the year. It demonstrates the strength of Costco’s business model and its ability to remain profitable in a difficult environment. Furthermore, it serves as a reminder of the importance of Costco’s role in the global economy and its ability to provide essential goods and services to its customers.

In 2017, 83% of Costco’s U.S. members were aged 25-64.

This statistic is significant in the context of a blog post about Costco Statistics because it reveals the age demographic of the majority of Costco’s U.S. members. Knowing this information can help businesses better understand the needs and preferences of their customer base, allowing them to tailor their services and products accordingly.

Conclusion

In summary, Costco is one of the world’s largest retailers with an annual revenue of approximately $163.22 billion (2020). As of 2021, there are 810 Costco warehouses worldwide and over 105.5 million active cardholders (2021). The average warehouse size is 145,000 square feet and it sells over $1 billion worth of wine annually. Additionally, 88% of members renew their membership every year while 265,000 people were employed by Costco in 2020 at an average hourly wage rate of $21 per hour. Furthermore, its private label brand “Kirkland Signature” accounted for 30% or more sales in 2021 and gasoline sales accounted for 13%. Lastly, its dividend yield was 0.76%.

References

0. – https://www.macrotrends.net

1. – https://www.eatthis.com

2. – https://www.winespectator.com

3. – https://www.businessinsider.com

4. – https://www.smithsonianmag.com

5. – https://www.forbes.com

6. – https://www.bisnow.com

7. – https://www.statista.com

8. – https://www.smallbiztrends.com

9. – https://www.people.com

FAQs

What year was Costco founded?

1983.

Who were the founders of Costco?

James Sinegal and Jeffrey Brotman.

What type of membership-based wholesale club is Costco?

It is a warehouse club, where customers purchase memberships that allow them to buy goods at lower wholesale prices.

In which country did Costco first open its doors?

The United States.

As of 2021, approximately how many Costco locations are there worldwide?

Over 800 locations.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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