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Costco Insight Deck By Sandy Skrovan Research Director - US

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Presentation on theme: "Costco Insight Deck By Sandy Skrovan Research Director - US"— Presentation transcript:

1 Costco Insight Deck By Sandy Skrovan Research Director - US
September 2012 A Service

2 All data correct at time of publishing.
Contents Introduction Major Strategic Initiatives Key Markets Conclusions & Implications Further Reading All data correct at time of publishing.

3 1 Introduction

4 Country Managers noted
1 Introduction Corporate Structure: Costco is a US-based warehouse club chain with a presence in nine countries across the globe. While US operations remain core, more emphasis will be placed on international markets going forward. USA (includes Puerto Rico) Joseph Portera Eastern & Canada Dennis Zook Southwestern & Mexico John McKay Northern/Midwest Division COOs Key Executives Richard A Galanti EVP & CFO Douglas W Schutt EVP, Merchandising Paul G Moulton EVP & CIO James P Murphy EVP, International Canada Louise Wendling Country Manager Mexico* Jaime Gonzalez Other International Country Managers noted Preston Draper South Korea Ken Theriault Japan Patrick Noone Australia TBC Europe** Steve Pappas United Kingdom Richard Chang Taiwan Craig Jelinek President and CEO Notes: * In June 2012, Costco and Comercial Mexicana reached an agreement under which Costco will purchase Comercial Mexicana’s 50% interest in Costco Mexico. ** No current club locations in Western Europe, but Costco named Michael Sinegal as Country Manager to explore opportunities.

5 1 Introduction With established operations in North America and the UK, Costco also has a small but growing presence in Asia (Japan, South Korea and Taiwan) and Australia. Active


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