Costco plans to open approximately 30 new warehouses annually over the next decade.
The strategy splits new locations almost evenly between United States and international markets.
To accelerate growth, the company will build new stores and refurbish existing structures like former retail spaces.
Costco recently increased its quarterly dividend by 13.1% to $1.47 per share.
This dividend hike signals robust free cash flow and management confidence in future financial performance.
These initiatives support a positive outlook for long-term membership and revenue growth.