Costco Wraps Fiscal Year With Steady Q4
E-commerce was a bright spot for the club operator, with sales comps in this channel leaping 19.4% during Q4. Membership sales were up a bit, reaching $1.51 billion compared to $1.50 billion in Q4 of 2023. Costco ended the quarter with 76.2 million paid household members, a 7.3% year-over-year (YoY) gain.
Costco's Fiscal Q4 Results Show Modest Growth
Costco's merchandise costs rose to $69.588 billion for the quarter, up from $69.219 billion a year earlier. Also, selling, general, and administrative (SG&A) expenses climbed to $7.067 billion from $6.939 billion.
Costco Q4 Earnings Beat Estimates Even Though Revenues Miss
Costco's Q4 earnings beat the Zacks Consensus Estimate by 2%, while revenues fall short. Comparable sales rise 5.4% but at a decelerated pace.
Why Costco Stock Is Still a Buy After a Q4 Revenue Miss
Costco stock is lower Friday after the membership warehouse firm reported a top-line miss in its fiscal fourth quarter, but Wall Street remains bullish.
Costco Wholesale Corporation Reports Advance In Q4 Profit, Beats Estimates
Costco Wholesale Corporation (COST) reported earnings for its fourth quarter that increased from the same period last year and beat
Costco: Fiscal Q4 Earnings Snapshot
The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $5.05 per share. The warehouse club operator posted revenue of $79.7 billion in the period, falling short of Street forecasts.
Costco's Earnings Just Generated Two Trade Opportunities
Warehouse retailer Costco released their quarterly earnings results after the close on Thursday with mixed results. For the last quarter, Costco beat their earnings target by $0.0
Costco Q4 Earnings: Revenue Miss, EPS Beat, Comps Climb 5.4%, Shares Slide
Costco reports fourth-quarter revenue of $79.697 billion, missing the consensus estimate of $79.973 billion. The membership-based retailer reports quarterly earnings of $5.29 per share, beating analyst estimates of $5.
Costco Is Opening 29 New Warehouses in 2025—Here's Where
Many of the new stores will be located in the United States—here are some of the cities that will have a new warehouse ...
Costco Stock: The Gift That Keeps On Giving, Until It Doesn't
Costco's solid Q4 results are overshadowed by valuation concerns. Learn more about why I advise caution on COST stock before ...
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Costco expands global footprint with 29 new locations by 2025
Costco, already a retail giant with nearly 900 clubs worldwide, plans to further expand its reach by opening 29 new locations ...
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Costco Wholesale's Strong Free Cash Flow Could Push COST Stock 20% Higher
Costco Wholesale Corp (COST) delivered mixed results yesterday for its fiscal year ending Aug. 31. Although revenue was lower than expected, earnings per share and free cash flow (FCF) were strong. In ...
Costco members turn to chain’s cheap deals like $1.50 hot dogs as they swallow fee hike
The wholesale retailer missed revenue estimates in the fourth quarter as inflation-battered customers have become ...
Why Costco Stock Was Pulling Back Today
Even with its near-flat revenue growth, Costco was still able to boost its gross margin from 11.9% to 12.4%. Operating income ...
Costco stock could have more surprises in store despite its YTD rally
Costco came in shy of revenue estimates in its fiscal fourth quarter. Costco stock looks well positioned for a potential ...
Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2024 Operating Results
ISSAQUAH, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the ...