COSTCO WHOLESALE CORPORATION (NASDAQ:COST) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02. Departure of Directors or Principal Officers; Election
of Directors; Appointment of Principal Officers; Compensatory
Arrangements of Certain Officers.
(d) On March17, 2017, the Board of Directors elected Mr.KennethD.
Denman as a director. He was not appointed to serve as a member
of any committees of the Board. Mr.Denmans compensation will be
the standard fees paid to all non-executive board members and
participation in the Companys Seventh Amended and Restated 2002
Equity Incentive Plan. Additional information is included in the
press release attached as an exhibit.
Item9.01. Financial Statements and Exhibits
(d) Exhibits. The following exhibit is included in this report:
| 99.1. | Press release dated March20, 2017. |
About COSTCO WHOLESALE CORPORATION (NASDAQ:COST)
Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world. The Company’s average warehouse space is approximately 144,000 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 foods (including dry foods, packaged foods and groceries); sundries (including 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 other (including gas stations and pharmacy). COSTCO WHOLESALE CORPORATION (NASDAQ:COST) Recent Trading Information
COSTCO WHOLESALE CORPORATION (NASDAQ:COST) closed its last trading session down -0.37 at 167.44 with 1,603,258 shares trading hands.