Costco Wholesale Corporation: 10-K Risk Factor Changes

2023 vs 2022  ·  SEC EDGAR  ·  2026-05-22
⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Costco Wholesale Corporation modified 37 risk factors in its 2023 10-K compared to 2022, with no new risks added or removed, indicating substantive refinements to existing disclosures rather than shifts in overall risk exposure. The modifications concentrated on financial reporting details including net income per share calculations, fair value measurement methodologies, debt structures, tax provisions, and lease accounting treatments, alongside updates to operational risk language regarding natural disasters and catastrophic events. These changes reflect Costco's adjustments to financial presentation and clarifications to existing risk characterizations across accounting, liquidity management, and operational resilience areas.

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Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

0
New Risks
0
Removed
37
Modified
37
Unchanged
🟡 Modified

Note 9—Net Income per Common and Common Equivalent Share

high match confidence

Sentence-level differences:

  • Reworded sentence: "The following table shows the amounts used in computing net income per share and the weighted average number of shares of basic and of potentially dilutive common shares outstanding (shares in 000’s): 202320222021Net income attributable to Costco$6,292 $5,844 $5,007 Weighted average basic shares443,854 443,651 443,089 RSUs598 1,106 1,257 Weighted average diluted shares444,452 444,757 444,346 Net income attributable to Costco Weighted average basic shares Weighted average diluted shares"

Current (2023):

The following table shows the amounts used in computing net income per share and the weighted average number of shares of basic and of potentially dilutive common shares outstanding (shares in 000’s): 202320222021Net income attributable to Costco$6,292 $5,844 $5,007 Weighted…

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The following table shows the amounts used in computing net income per share and the weighted average number of shares of basic and of potentially dilutive common shares outstanding (shares in 000’s): 202320222021Net income attributable to Costco$6,292 $5,844 $5,007 Weighted average basic shares443,854 443,651 443,089 RSUs598 1,106 1,257 Weighted average diluted shares444,452 444,757 444,346 Net income attributable to Costco Weighted average basic shares Weighted average diluted shares

View prior text (2022)

The following table shows the amounts used in computing net income per share and the weighted average number of shares of basic and of potentially dilutive common shares outstanding (shares in 000’s): 202220212020Net income attributable to Costco$5,844 $5,007 $4,002 Weighted average basic shares443,651 443,089 442,297 RSUs1,106 1,257 1,604 Weighted average diluted shares444,757 444,346 443,901 Net income attributable to Costco Weighted average basic shares Weighted average diluted shares

🟡 Modified Note 3—Fair Value Measurement 🔒
🟡 Modified Performance Graph 🔒
🟡 Modified LIQUIDITY AND CAPITAL RESOURCES 🔒
🟡 Modified Cash Flows from Investing Activities 🔒
🟡 Modified (amounts in millions) 🔒
🟡 Modified Note 4—Debt 🔒
🟡 Modified Natural disasters, extreme weather conditions, or other catastrophic events could negatively affect our business, financial condition, and results of operations. 🔒
🟡 Modified Cash Flows from Operating Activities 🔒
🟡 Modified Note 8— Taxes 🔒
🟡 Modified Building(1) 🔒
🟡 Modified Note 5—Leases 🔒
🟡 Modified EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 🔒
🟡 Modified NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO: 🔒
🟡 Modified Provision for Income Taxes 🔒
🟡 Modified Total Number of Shares Purchased as Part of Publicly Announced Program(1) 🔒
🟡 Modified COMPREHENSIVE INCOME ATTRIBUTABLE TO COSTCO 🔒
🟡 Modified Note 2—Investments 🔒
🟡 Modified Interest Income and Other, Net 🔒
🟡 Modified Note 7—Stock-Based Compensation 🔒
🟡 Modified Operating Leases(1) 🔒
🟡 Modified Cash Flows from Financing Activities 🔒
🟡 Modified INDEX TO CONSOLIDATED FINANCIAL STATEMENTS 🔒
🟡 Modified Membership Fees 🔒
🟡 Modified Note 6—Equity 🔒
🟡 Modified Note 11—Segment Reporting 🔒
🟡 Modified (amounts in millions) 🔒
🟡 Modified Interest Expense 🔒
🟡 Modified (amounts in millions, except par value and share data) 🔒
🟡 Modified Gross Margin 🔒
🟡 Modified Issuer Purchases of Equity Securities 🔒
🟡 Modified RESULTS OF OPERATIONS 🔒
🟡 Modified (amounts in millions, except per share data) 🔒
🟡 Modified Pandemics and other health crises, including COVID-19, could affect our business, financial condition and results of operations in many respects. 🔒
🟡 Modified Selling, General and Administrative Expenses 🔒
🟡 Modified Warehouse Properties 🔒
🟡 Modified (amounts in millions) 🔒
36 more changes in this filing

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