COSTCO WHOLESALE CORPORATION - ACQUISITION TO FURTHER LAST MILE CAPACITY
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Company Research
Source: GlobeNewswire
ISSAQUAH, Wash., March 17, 2020 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced that it has completed the acquisition of Innovel Solutions (“Innovel”), a leading provider of third-party end-to-end logistics solutions with nationwide capabilities. Innovel was a subsidiary of Transform Holdco, LLC, which operates Sears and Kmart stores. The purchase price of $1 billion was funded from the Company’s existing cash balances. Innovel has for decades provided Sears and, more recently, third parties with “final mile” delivery, complete installation and white glove capabilities for “big and bulky” products across the United States and Puerto Rico. Innovel’s network offers coverage to nearly 90% of the U.S. and Puerto Rico. Products served through Innovel include major appliances, furniture, mattresses, televisions, grills, patio, fitness equipment and wine cellars. Innovel consistently ranks in the top quartile of customer satisfac
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COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website