Costco Wholesale Corp (NAS:COST)
$ 778.99 15.63 (2.05%) Market Cap: 345.49 Bil Enterprise Value: 344.60 Bil PE Ratio: 50.95 PB Ratio: 16.64 GF Score: 92/100
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Costco Wholesale Corp at Morgan Stanley Life After Covid Thematic Conference (Virtual) Transcript

Nov 10, 2020 / 07:15PM GMT
Release Date Price: $366.62 (+0.44%)
Simeon Ari Gutman
Morgan Stanley, Research Division - Executive Director

Hi, everyone. Hopefully, you can see me. I'm kind of welcoming you into my home, into my world here. I'm Simeon Gutman, Morgan Stanley's Hardline/Broadline food retail analyst, and it is a very distinct pleasure to welcome the team from Costco. With us, Richard Galanti, CFO; Bob Nelson, SVP, Financial Treasury, IR. I hope I got that right. And in the room, 2 folks from their IR team, David Sherwood and Josh Damon.

So we're going to get right into the fireside chat. I believe the audience has access to the webcast to ask questions, and I'll be monitoring, and I could ask some to Costco that way. So thank you for being with us Costco team and Richard.

I guess, can we start asking a high-level question. Biggest surprise during the COVID environment so far for Costco?

Questions & Answers

Richard A. Galanti
Costco Wholesale Corporation - Executive VP, CFO & Director

Well, I think there are a few of them. I mean, when COVID was starting up in mid-March, the

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