Costco: Executive Vice President Of Costco Wholesale Makes $3.92M Sale

James Klauer, Executive Vice President at Costco Wholesale (NASDAQ:COST), disclosed an insider sell on April 21, according to a recent SEC filing.What Happened: Klauer's recent move involves selling 4,000 shares of Costco Wholesale. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value is $3,924,280.During Tuesday's morning session, Costco Wholesale shares up by 2.74%, currently priced at $984.02.Get to Know Costco Wholesale BetterCostco operates a membership-based, no-frills retail model predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given its frugal cost structure, the firm is able to price its merchandise below that of competing retailers, driving high sales volume per warehouse and generating strong profits on thin margins. Costco operates over 600 warehouses in the United States and has over 60% share in the domestic warehouse club industry. Internationally, Costco operates another 280 warehouses, primarily in Canada, Mexico, Japan, and the UK.Costco Wholesale's Financial PerformancePositive Revenue Trend: Examining Costco Wholesale's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue ...Full story available on Benzinga.com