Question: Please help me its urgent. Problem: You should use sections of the 10K report that provide enough information to write a solid paragraph or two.
Please help me its urgent.
Problem:
You should use sections of the 10K report that provide enough information to write a solid paragraph or two. If you only write a few sentences to describe and analyze one section of the 10K report, it won't be enough and you should consider writing about a different section. The paper should be at least one page long (single-spaced). Write at least one solid paragraph for each item describing the item, and provide your own opinion about what the item means for the company. Please start the paragraph with a sentence describing the item.
(1) Use one sentence to summarize the section and include a page reference; then go on to describe the section and what it means for the company.
(2) Use one sentence to summarize the section and include a page reference; then go on to describe the section and what it means for the company.
(3) Use one sentence to summarize the section and include a page reference; then go on to describe the section and what it means for the company.
Data for problem:
Item 2 - Properties includes information about the companys significant properties, such as principal plants, mines and other materially important physical properties. This section starts on page 16 for Costco and page 11 for Target.
Item 5 - Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities requires information about the companys equity securities, including market information, the number of holders of the shares, dividends, stock repurchases by the company, and similar information. This section starts on page 17 for Costco and page 14 for Target.
Item 6 - Selected Financial Data provides certain financial information about the company for the last five years. You can find much more detailed financial information on the past three years in a separate section Item 8, Financial Statements and Supplementary Data. This section starts on page 19 for Costco and page 16 for Target.
Item 9A - Controls and Procedures includes information about the companys disclosure controls and procedures and its internal control over financial reporting. Please help me as soon as you can.




Tabs.com item 6 Selected Financial Data The following table set forth information concerning our consolidated financial condition operating results and key operating meries. This information should be in conjunction with Management's Discussion and Analysis of Francal Conditions Reus of Operors included in Item 7 of this Report, and our consolidated inancial statements and notes thereto, included in them of this Report SELECTED FINANCIAL DATA (dollars in millions, except per share data Sept. 1. 2019 Sept. 2.28 Sep 1, 2017 Aug 2 016 Aug 2015 As and for the younded RESULTS OF OPERATIONS G agasa percorage on sale 11.30 10. 10.09 4405 2934 230 Date Nincome per la common share Car ds end per common share 244 214 COM Onerimo To company Changes in Tow Company comparte excluding the impact of changes in foreign currency and gasoline prices BALANCE SHEET DATA Noortyd um $ $ $ 20 45 400 19.88 40030 6457 15,401 31.017 18.161 36,347 6.573 1977 17.043 22.162 4,061 12 ore 15243 12.79 10.617 741 06) Larga para as antiistian' uly WAREHOUSE NFORMATION Warehouses in Operation Tangan ara Deatill turn alur End of year MMP INFORMATION Total 100 21 115 31.000 48.000 47.000 64.000 M 19 I 13) Es iss India alom www www sing w wurde anne www 2017 there your des sempre 1, 2010. B ina er Tabela w The Management's Discussion and Analysis of Financial Conditions and Results of Operations amounts in mitos. Ce per share Share, and w e court data Overv We believe that the most important thor of our prot y is a growth particularly comparable growth. We detine comparable is a imw e en for more than one year indluding models lions and expansions, and wasted to come wie opering for more than one year. Compare growth is achieved through increasing shopping regency from now and existing members and the amount they spend on each sit average Scho Sales comparisons can also be particularly inunced by contain actors that are beyond Our Bou tons in anges with respect to the corection of the results of our m o n charges in te wo r d condone and the from the recognition standard. The higher sur Co in of th e more we can kerage certain of uwling, gol and administrative e p roducing the percentage of w and orhancing profitability Generating comparatiewe growth foremost a question of making available to our members Tenge med alter prices at weve we have repedy demonstrated over the long term Another s t ories growth is the oth in which wa s including the conflionor de especially the United S S growth and res margins to impacted by cur m an weich in vigorous and with wide range of gol ongad regional wholesalers and ters, including those with e-commerce operations. While we cannot control or reliably predict general economic health or changes om we believe that we have been u s ul historically in adapting our business to these changes, such as through est pricing door de g ing the roof our prices and roughnering Qu i s toe our members with t he n ext competitie Wed in the hormoning prices charged, but instead sock to maintain wat we believe is a perception among our members of our pricing authority on quality goods consistently providing the most competitive values. Our investments in merchandise pricing may include reducing prices on merchandise to drive sale or most competition and holding prices steady despite contr e instead of passing the increases on to our members, al negatively impacting gross margin as a percentage of net sales gros margin percent )We believe that our gasoline business drew members but generely as a significantly lower gros margin percentage relative to our non gasoline business. A higher penetration of gasoline sales wil generely lower our roos margin percentage Rapidly changing gasoline prices may significantly impact our near to not sales growth. Generally rising gasoline prices borettnet sales growth which given the higher sales bas, negatively impacts our gross margin percentage but decreases owing, and and strative SORA) A SSA P AR o nel saks. A decline in gene prices the internet Madonly actions in various counties particularly one and the United States have created uncertainty with respect to how tails wil affect the w PARTS Hem Warket for Registrant's Common Equity, Related Stockholder Matters and issue Purchases of Equity Securities Market Information and Dividend Policy Our common stock is traded on the NASDAQ Global Select Market under the symbol "COST' On October 2010 we had 115 workholders Payment of dividends is subject to declaration by the Board of Directors Factors considered in determining dividends include our profitability and expected capital needs. Subect to these qualifications, we presently coxpect to continue to pay vidends on a quarterly basis. Issuer Purchases of Equity Securities The following also forth information on our common stock repurchase activity for the fourth Quarter of 2019 dollar in milions d e per share data Total Number of Macium DollarValue Total Number of Average Price Pald Part of Public Purchased under the Period Shares Purchased per Share Announced Program May 13 June 9 2019 245 12 June 10 , 2019 36000 Ju 8 Aug 2019 54000 278.15 3051 August September 1, 2019 275.37 Tubuh 194.000 5 288.08 Table et cotes Performance Graph of $100 in Clem ent SAP 500 Index and the S&P 500 Index the five years from August 31, 2014. Through September 1 Comparison of 5-Year Cumulative Total Returns 881/14 9 9/1/19 3/30/15 Costo /20/16 S&P 500 /3/17 92/18 -.- S&P 500 Retail None Item 2-Properties Warehouse Properties Al September 1, 2019, we pad 72 membership warehouse S andro Rica M digdom Talar Free te creadores where seen the building The following scheduleshows warehouse openings, net of closings and relocations, and expected opening through December 31, 2019 2015 and prior 2016 2019 2020 through 12/31/2018 Ai tha and of 2019, Wercho cantined approximately 113 million tonting for 700 million in the US, 14.0 million in Canada and 200 million in Other tamational We operano 24 depots with approximately 11.0 milionuare foot for the distribution of most merchandise shipments to the warehouse Asconally, we operate various tuiment processing, packaging manufacturing and other facilities to support which include production of in priladi . Our H ive officer in Washion, wwwing in the US and Oil Indonesia ents included in them of this Report tem legal Proceedings 3 usion of Lage Proceedings in No 19 to the coreciated financialm Item Wine Safety Disclosures Not applicable PART Them Market for Registrant's Common Equity. Related Stockholder Matters and Purchases of Equity Secure Market Information and Dividend Policy Our co o kies on the NASDAQ Cab Set Mander the COST' On October 2019, we had 9.115 hodiers of record Payment of dividend is subject to declaration by the Board of Directors. Factors considered in determining duidends include our profitability and expected to the one expect to come to y o ur basis Isu Purchases of Equity Securities The following table set forth normation on our common stock purchase activity for the fourth quarter of 2019 dollar in milions p er Total Number of Shares Purchased as Part of Publicly Maximum DollarValue of Shares that May Yet be Purchased under the Total Number of Shares Purchased Average Price Paid per Share 245 12 2833 278.15 May 13 June 2019 June 107 .2019 July Aug 4, 2019 er 1, 2019 To tourth quarter 3,978 .000 54,000 38.000 54,000 A 3,043 2680 194,000 The E program is ad dera 4.000 o r ed tutunut sing $2237 rd by def ini 2018 which is in 2023 This who her Changes in and Disagreements with Accountants an Accounting and Financial Disclosure em Control and Procedures Evaluation of Disclosure Controls and Procedures Our dscere controls and procedures (as defined in Rules 13-15 or 150-150 under the Securities Exchange Act of 1934, as amended, are designed to ensure that information required to be disclosed in the reports that we te or u n der e Exchange Ac orded processed Gumro, and repeted with the time periods specified in the rules and forms of the Securities and Exchange Common and t eat information required to be disclosed is accumulated and communicated to management including our principal cute and trac t ors, to ale conseguing is The Chi E v Oficer (CEO and The Chronic OROLw ance from members of management have lowed the focus of our doct ors and procedures as of September 1, 2019 and based on their e , have conduced at the doc t ors and procedures were effective as of such date Managements Annual Report on Internal Control Over Financial Reporting S Our mange for s ing and ma g adequate control or cal reporting fred Rute 13-15 de Ege Act Our core floring is designed to provid e guding the pargate onoranc e purc h US GAAP and includes the pond peces that pertains the maintenance of records that in r e al and actuacions and the dispone of our provide n ce that transactions we recorded as necessary to per preparation of francis m in code with generally led counting principles and that our c and esperes are being made my in c e with et and provide regarding on or deletion of unthorind o disposition of our assets that could have a manera effect on our nancial statements Because of its inherent Imitations, Internal control over financial reporting may not prevent or detect misstatements Projections of any evaluation of effectiveness for future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of Garage the p r ocedures Under the supervision and with the participation of ou r we d Pelectiveness of our worloverfi reporting as of September 1, 2019. using the criteria sot forth by the Committee of Sponsoring Organizations of the Treadway Commission COSO) in Controintegrated Framework (2013) As disclosed in partition A. Control and Procedures in our Annual Report on Form 10-K for the scal year ended September 2, 2018 during the fourth quarter of fiscal 2018 we identified amar e in internal controlled to inflective information technology gener (TOC) in the areas of user s and program change management over certain information technology (IT) systems that support the Company's Inancial reporting process During 2019, management implemented our previously disclosed remediation plan that included: (l) creating and fing an IT Compliance Oversigt function: 00 developing a training program addressing ITGCs and policies, including educating control owners concerning the principles and requirements of each control with a focus on those related to user access and charge-management over IT systems impacting financial reporting ou developing and maintaining documentation underlying ITGCs to promote knowledge transfer upon personnel and function changes ) developing enhanced risk assessment procedures and controls related to changes in IT systems implementing an IT management review and testing plan to monitor TOOS with a specifics on Systems supporting our financial reporting processes and hanged quartetty reporting on the m a n me the Audi Comise of the Board of Directors During the fourth quarter of 2019, we completed our testing of the operating effectiveness of the implemented controls and found them to be effective As a res e concluded the mal e has been remedies of September 1, 2019 Changes in Internal Control Over Financial Reporting Ewout for the changes in connection with our m e ntion of the mediation plan discussed above, there have been to other changes in our mal controverancia reporting as defined in Rus 13-1501 or 150-1501 of the Exchange Act that curred during the fourth quarter of 2019 that have material acted or reasonably by to malayalect the Company's email control over financial reporting W. CHAGUNEK W. Craig Jelinek Prew Ch e Officer and Director RICHARD A CALANTI Richard A. Gaan ive Vice Prew Chulin Director F Olior wrid Item 9 Other information None PART Tabs.com item 6 Selected Financial Data The following table set forth information concerning our consolidated financial condition operating results and key operating meries. This information should be in conjunction with Management's Discussion and Analysis of Francal Conditions Reus of Operors included in Item 7 of this Report, and our consolidated inancial statements and notes thereto, included in them of this Report SELECTED FINANCIAL DATA (dollars in millions, except per share data Sept. 1. 2019 Sept. 2.28 Sep 1, 2017 Aug 2 016 Aug 2015 As and for the younded RESULTS OF OPERATIONS G agasa percorage on sale 11.30 10. 10.09 4405 2934 230 Date Nincome per la common share Car ds end per common share 244 214 COM Onerimo To company Changes in Tow Company comparte excluding the impact of changes in foreign currency and gasoline prices BALANCE SHEET DATA Noortyd um $ $ $ 20 45 400 19.88 40030 6457 15,401 31.017 18.161 36,347 6.573 1977 17.043 22.162 4,061 12 ore 15243 12.79 10.617 741 06) Larga para as antiistian' uly WAREHOUSE NFORMATION Warehouses in Operation Tangan ara Deatill turn alur End of year MMP INFORMATION Total 100 21 115 31.000 48.000 47.000 64.000 M 19 I 13) Es iss India alom www www sing w wurde anne www 2017 there your des sempre 1, 2010. B ina er Tabela w The Management's Discussion and Analysis of Financial Conditions and Results of Operations amounts in mitos. Ce per share Share, and w e court data Overv We believe that the most important thor of our prot y is a growth particularly comparable growth. We detine comparable is a imw e en for more than one year indluding models lions and expansions, and wasted to come wie opering for more than one year. Compare growth is achieved through increasing shopping regency from now and existing members and the amount they spend on each sit average Scho Sales comparisons can also be particularly inunced by contain actors that are beyond Our Bou tons in anges with respect to the corection of the results of our m o n charges in te wo r d condone and the from the recognition standard. The higher sur Co in of th e more we can kerage certain of uwling, gol and administrative e p roducing the percentage of w and orhancing profitability Generating comparatiewe growth foremost a question of making available to our members Tenge med alter prices at weve we have repedy demonstrated over the long term Another s t ories growth is the oth in which wa s including the conflionor de especially the United S S growth and res margins to impacted by cur m an weich in vigorous and with wide range of gol ongad regional wholesalers and ters, including those with e-commerce operations. While we cannot control or reliably predict general economic health or changes om we believe that we have been u s ul historically in adapting our business to these changes, such as through est pricing door de g ing the roof our prices and roughnering Qu i s toe our members with t he n ext competitie Wed in the hormoning prices charged, but instead sock to maintain wat we believe is a perception among our members of our pricing authority on quality goods consistently providing the most competitive values. Our investments in merchandise pricing may include reducing prices on merchandise to drive sale or most competition and holding prices steady despite contr e instead of passing the increases on to our members, al negatively impacting gross margin as a percentage of net sales gros margin percent )We believe that our gasoline business drew members but generely as a significantly lower gros margin percentage relative to our non gasoline business. A higher penetration of gasoline sales wil generely lower our roos margin percentage Rapidly changing gasoline prices may significantly impact our near to not sales growth. Generally rising gasoline prices borettnet sales growth which given the higher sales bas, negatively impacts our gross margin percentage but decreases owing, and and strative SORA) A SSA P AR o nel saks. A decline in gene prices the internet Madonly actions in various counties particularly one and the United States have created uncertainty with respect to how tails wil affect the w PARTS Hem Warket for Registrant's Common Equity, Related Stockholder Matters and issue Purchases of Equity Securities Market Information and Dividend Policy Our common stock is traded on the NASDAQ Global Select Market under the symbol "COST' On October 2010 we had 115 workholders Payment of dividends is subject to declaration by the Board of Directors Factors considered in determining dividends include our profitability and expected capital needs. Subect to these qualifications, we presently coxpect to continue to pay vidends on a quarterly basis. Issuer Purchases of Equity Securities The following also forth information on our common stock repurchase activity for the fourth Quarter of 2019 dollar in milions d e per share data Total Number of Macium DollarValue Total Number of Average Price Pald Part of Public Purchased under the Period Shares Purchased per Share Announced Program May 13 June 9 2019 245 12 June 10 , 2019 36000 Ju 8 Aug 2019 54000 278.15 3051 August September 1, 2019 275.37 Tubuh 194.000 5 288.08 Table et cotes Performance Graph of $100 in Clem ent SAP 500 Index and the S&P 500 Index the five years from August 31, 2014. Through September 1 Comparison of 5-Year Cumulative Total Returns 881/14 9 9/1/19 3/30/15 Costo /20/16 S&P 500 /3/17 92/18 -.- S&P 500 Retail None Item 2-Properties Warehouse Properties Al September 1, 2019, we pad 72 membership warehouse S andro Rica M digdom Talar Free te creadores where seen the building The following scheduleshows warehouse openings, net of closings and relocations, and expected opening through December 31, 2019 2015 and prior 2016 2019 2020 through 12/31/2018 Ai tha and of 2019, Wercho cantined approximately 113 million tonting for 700 million in the US, 14.0 million in Canada and 200 million in Other tamational We operano 24 depots with approximately 11.0 milionuare foot for the distribution of most merchandise shipments to the warehouse Asconally, we operate various tuiment processing, packaging manufacturing and other facilities to support which include production of in priladi . Our H ive officer in Washion, wwwing in the US and Oil Indonesia ents included in them of this Report tem legal Proceedings 3 usion of Lage Proceedings in No 19 to the coreciated financialm Item Wine Safety Disclosures Not applicable PART Them Market for Registrant's Common Equity. Related Stockholder Matters and Purchases of Equity Secure Market Information and Dividend Policy Our co o kies on the NASDAQ Cab Set Mander the COST' On October 2019, we had 9.115 hodiers of record Payment of dividend is subject to declaration by the Board of Directors. Factors considered in determining duidends include our profitability and expected to the one expect to come to y o ur basis Isu Purchases of Equity Securities The following table set forth normation on our common stock purchase activity for the fourth quarter of 2019 dollar in milions p er Total Number of Shares Purchased as Part of Publicly Maximum DollarValue of Shares that May Yet be Purchased under the Total Number of Shares Purchased Average Price Paid per Share 245 12 2833 278.15 May 13 June 2019 June 107 .2019 July Aug 4, 2019 er 1, 2019 To tourth quarter 3,978 .000 54,000 38.000 54,000 A 3,043 2680 194,000 The E program is ad dera 4.000 o r ed tutunut sing $2237 rd by def ini 2018 which is in 2023 This who her Changes in and Disagreements with Accountants an Accounting and Financial Disclosure em Control and Procedures Evaluation of Disclosure Controls and Procedures Our dscere controls and procedures (as defined in Rules 13-15 or 150-150 under the Securities Exchange Act of 1934, as amended, are designed to ensure that information required to be disclosed in the reports that we te or u n der e Exchange Ac orded processed Gumro, and repeted with the time periods specified in the rules and forms of the Securities and Exchange Common and t eat information required to be disclosed is accumulated and communicated to management including our principal cute and trac t ors, to ale conseguing is The Chi E v Oficer (CEO and The Chronic OROLw ance from members of management have lowed the focus of our doct ors and procedures as of September 1, 2019 and based on their e , have conduced at the doc t ors and procedures were effective as of such date Managements Annual Report on Internal Control Over Financial Reporting S Our mange for s ing and ma g adequate control or cal reporting fred Rute 13-15 de Ege Act Our core floring is designed to provid e guding the pargate onoranc e purc h US GAAP and includes the pond peces that pertains the maintenance of records that in r e al and actuacions and the dispone of our provide n ce that transactions we recorded as necessary to per preparation of francis m in code with generally led counting principles and that our c and esperes are being made my in c e with et and provide regarding on or deletion of unthorind o disposition of our assets that could have a manera effect on our nancial statements Because of its inherent Imitations, Internal control over financial reporting may not prevent or detect misstatements Projections of any evaluation of effectiveness for future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of Garage the p r ocedures Under the supervision and with the participation of ou r we d Pelectiveness of our worloverfi reporting as of September 1, 2019. using the criteria sot forth by the Committee of Sponsoring Organizations of the Treadway Commission COSO) in Controintegrated Framework (2013) As disclosed in partition A. Control and Procedures in our Annual Report on Form 10-K for the scal year ended September 2, 2018 during the fourth quarter of fiscal 2018 we identified amar e in internal controlled to inflective information technology gener (TOC) in the areas of user s and program change management over certain information technology (IT) systems that support the Company's Inancial reporting process During 2019, management implemented our previously disclosed remediation plan that included: (l) creating and fing an IT Compliance Oversigt function: 00 developing a training program addressing ITGCs and policies, including educating control owners concerning the principles and requirements of each control with a focus on those related to user access and charge-management over IT systems impacting financial reporting ou developing and maintaining documentation underlying ITGCs to promote knowledge transfer upon personnel and function changes ) developing enhanced risk assessment procedures and controls related to changes in IT systems implementing an IT management review and testing plan to monitor TOOS with a specifics on Systems supporting our financial reporting processes and hanged quartetty reporting on the m a n me the Audi Comise of the Board of Directors During the fourth quarter of 2019, we completed our testing of the operating effectiveness of the implemented controls and found them to be effective As a res e concluded the mal e has been remedies of September 1, 2019 Changes in Internal Control Over Financial Reporting Ewout for the changes in connection with our m e ntion of the mediation plan discussed above, there have been to other changes in our mal controverancia reporting as defined in Rus 13-1501 or 150-1501 of the Exchange Act that curred during the fourth quarter of 2019 that have material acted or reasonably by to malayalect the Company's email control over financial reporting W. CHAGUNEK W. Craig Jelinek Prew Ch e Officer and Director RICHARD A CALANTI Richard A. Gaan ive Vice Prew Chulin Director F Olior wrid Item 9 Other information None PART
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