Costco Wholesale Corp at Morgan Stanley Life After Covid Thematic Conference (Virtual) Transcript
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
Well, I think there are a few of them. I mean, when COVID was starting up in mid-March, the
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