Revenue segments as reported by the company.

Net Sales

Membership Fees

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Preopening expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Costco

"Kirkland Signature" is Costco's private label. It is sold by Costco at their website and warehouses, and is trademarked by the company. The name is derived from the location (from 1987 to 1996) of Costco's corporate headquarters, Kirkland, Washington. Costco introduced Kirkland Signature as its private label in 1992. The idea was to provide brand name quality products at discounted prices. To counteract the consumer confidence problem common in store branding, Kirkland Signature occasionally employs co-branding. According to Costco, while consumers may be wary of same-store-branding, they are less likely to be wary of brands that they are familiar with and trust.

Kirkland Signature

Costco Wholesale Corp. engages in the provision of operation of membership warehouses through wholly owned subsidiaries. It operates through the following geographical segments: United States, Canada, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Costco reports mixed Q1 earnings, eyes growth in China

Costco's Q1 earnings reflect a mixed performance, with a decrease in net income and diluted earnings per share, but an increase in net sales and membership fee income. The company faces challenges in certain categories and e-commerce sales, but is focused on driving business in-store and improving digital capabilities. Costco is optimistic about growth opportunities in international markets, particularly in China.

Costco reports robust Q2 earnings, eyes international expansion for growth

Costco's Q2 2023 performance showcased strong financial results, driven by sales growth and membership fee income.
While facing challenges in e-commerce and margin declines, Costco's focus on efficiency and cost management is key.
The company's strengths in sales growth, membership loyalty, and cost advantages position it well for future opportunities.
With plans for international expansion and strategic cost-saving initiatives, Costco aims to sustain growth and competitiveness.

Costco reports solid Q3 earnings, eyes growth in Asia

Costco delivered strong financial performance in Q3 2023, driven by increased net sales and membership fee income.
While facing challenges like declining e-commerce sales and inflation, Costco's focus on quality goods and strategic initiatives positions it well for growth.
Opportunities in digital investments, inventory management, and international expansion offer avenues for future expansion and revenue growth.
Overall, Costco's solid earnings, customer loyalty, and competitive positioning indicate a resilient and promising outlook for the company.

Costco reports robust Q4 earnings, eyes expansion and digital growth

Costco's Q4 2023 performance reflects solid financial results, strong customer retention, and ongoing investments in digital initiatives to enhance the customer experience.
The company's competitive wages, rich benefits, and operational strengths position it well in the market, while challenges like managing inflation and digital advancements require continued focus.
Opportunities for expansion, leveraging profitable segments, and enhancing customer engagement through digital platforms present avenues for future growth and value creation.
Costco's commitment to balancing financial stability, customer satisfaction, and shareholder value underscores its strategic approach to sustainable growth and market leadership.

Costco posts robust Q1 earnings, eyes international expansion for growth

Costco's Q1 fiscal '24 performance reflects strong sales, membership growth, and operational improvements, despite challenges from inflation and operating expenses.
The company's focus on value, trust, and personalized offerings, along with international expansion plans, positions Costco for continued growth and revenue enhancement.
Efforts to drive e-commerce sales, improve membership engagement, and manage operational challenges will be key focus areas for Costco in the coming quarters.
Balancing cost pressures with revenue growth strategies will be crucial for Costco to sustain its financial performance and member loyalty in a competitive retail landscape.

Costco reports robust Q2 earnings, eyes e-commerce expansion and value focus

Costco's Q2 2024 performance reflects strong financial results, driven by sales growth, membership strength, and e-commerce expansion. While facing challenges such as inflation impacts and membership sharing concerns, the company's focus on value and operational efficiency positions it well for future growth. Costco's strategic initiatives in e-commerce, customer acquisition, and product offerings present promising opportunities for continued success.

Costco reports robust Q3 earnings, eyes growth through digital innovation

Costco's Q3 performance reflects strong financial results, high member engagement, and strategic growth initiatives driving profitability.
While facing challenges in certain segments like gas profitability and flat food sales, Costco's focus on digital innovation and member value enhancement positions it well for future growth.
Opportunities in unit growth, curated marketplaces, and operational enhancements present avenues for Costco to sustain its market leadership and drive continued success.

Costco reports strong Q4 earnings, eyes e-commerce growth opportunities

Costco's Q4 2024 performance showcased solid revenue growth, driven by strong net income, sales, and membership fees, despite some challenges in profitability.
The company's strengths lie in high membership renewal rates, core merchandising focus, and improving e-commerce profitability, while facing challenges in deferred fee impacts and interest income decline.
Opportunities for Costco include expanding e-commerce and core sales, leveraging consumer trends, and exploring new markets for sustained growth and diversification.
To maintain growth momentum, Costco must address challenges in cost management, revenue realization, and investment optimization while capitalizing on emerging opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Burlington Stores

Dollar General

Target

Better pricing, effective inventory management and operational initiatives are likely to drive Retail - Discount Stores companies. Costco (COST), Target (TGT), Dollar General (DG) and Burlington Stores (BURL) look well-placed.

4 Retail Discount Stocks With Potential to Beat Industry Blues

Apple

Vertex Pharmaceuticals

Vertex Pharmaceuticals has a lock on its market, generating funds for its R&D pipeline. Costco Wholesale is a near-perfect fit for its market.

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Shares in Costco have soared over 200% since 2019. The company has rallied investors with consistent growth and soaring earnings.

Could Costco Be a Millionaire-Maker Stock?

Broadcom

Diamondback Energy

Analysts love certain stocks. Driven by strong financial results and other catalysts, analysts favor certain stocks and continuously raise their ratings and price targets on the company's shares.

Wall Street Favorites: 3 Nasdaq Stocks With Strong Buy Ratings for June 2024

NEXTracker Inc

Okta

Famed investor Jim Cramer remains convinced that the current environment is suitable for owning stocks. Here are the top three must-own stocks that he recommends buying for 2024.

Top 3 Jim Cramer recommended stocks to own in 2024

Amazon

Walmart

The rise of the best retail stocks to buy is deeply embedded in the ongoing inflation story. Supply chain disruptions and a rise in commodities prices, namely crude oil, led to an unprecedented rise in inflation in 2022.

The 3 Best Retail Stocks to Buy in June 2024

Costco is a longtime Wall Street darling trading near all-time highs.  This isn't a great time to buy the stock, but there never seems to be a good time.

Is It Too Late to Buy Costco Stock Now?

Ardmore Shipping

Conagra Brands

FirstEnergy

Innovative Industrial Properties

Kinder Morgan

Coca-Cola

NewLake Capital Partners, Inc.

ONEOK

Prudential Financial

Tyson Foods

Vanguard Dividend Appreciation ETF

Head of Quant Strategies, Steven Cress, explains quantitative dividend strategy. Selecting dividend stocks based on safety, growth, and consistency.

Inflation Hedging: Top 10 Quant High-Yield Dividend Stocks With Steven Cress

Deere & Company

Corning

Realty Income Corp

This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.

5 Stocks to Buy and Hold Forever

Netflix

For most investors, a long-term buy-and-hold strategy is the best. As the saying goes, it is best to trade a lot or not at all.

The 3 Best Stocks to Buy Now for the Long Term: June 2024

McKesson

MercadoLibre

MicroStrategy Incorporated

NVIDIA

Palantir Technologies

Synopsys

Traders and other investors looking to take short positions in trending stocks with momentum on their side should consider this list. It covers seven equities that have maintained positive trajectories over the past month and in many cases, the entirety of this year and beyond.

7 Trending Stocks With Momentum on Their Side

Costco's valuation is extremely rich, with the stock trading at more than 50 times earnings. The company's growth rate, while solid at 9%, might not be strong enough to justify that kind of a price tag.

Could Costco Wholesale Stock Hit $1,000 This Year?

Home Depot

Lowe's

Industry stalwarts such as Walmart (WMT), Home Depot (HD), Costco (COST) and Lowe's (LOW) possess a winning combination of established market positions, strong brand recognition and loyal customer bases.

4 Blue-Chip Retail Stocks for a Balanced Investment Portfolio

The following is the Analyst Q&A from Costco's COST 2Q 2024 earnings call:

Costco's 2Q 2024 Earnings Analyst Q&A Session Provides Insight Into Company Performance And Market Dynamics

Costco surpasses revenue and earnings expectations, with net sales of $58.52 billion and a 9.1% YoY growth. Comparable store sales jumped 6%, with international markets showing stronger growth than the US. Initiating coverage with a cautious Buy based on Costco healthy financials, strong management team, and corporate strategy. However, near-term volatility is possible due to the stock at all-time highs.

A Long-Term Play: Why Costco Is Poised For Growth, Cautious Buy

Costco Wholesale saw its IBD SmartSelect Composite Rating jump to 96 Monday, up from 94 the day before.

Costco Wholesale Stock Scores 95-Plus IBD Composite Rating

Shares of Costco Wholesale Corp. (COST, Financial) have proven to be an exceptional investment historically. Over the past decade, the stock has delivered a total return of roughly 760%.

Costco's Upside Is Limited Due to Valuation

General Motors

General Motors is turning to Costco's Auto Program to help it sell more EVs.  The wholesaler partners with automakers and dealers to offer discounted vehicle prices for members.

GM is using Costco to help it sell more EVs

Lululemon Athletica

The market rally remains uneven. While technology stocks and shares of companies directly involved in artificial intelligence continue to push higher, many other stocks are lagging the market's performance.

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The club-based warehouse retailer clearly has had no problem growing its paying membership base. In fact, the way people shop these days favors Costco.

If You'd Invested $5,000 in Costco Stock 10 Years Ago, Here's How Much You'd Have Today

Costco's membership model breeds loyalty and sales growth. It has many ways to generate higher sales through new stores, upselling memberships, and capturing market share.

Costco Stock: Is Its Premium Price a Prelude to a Fall?

Walmart's e-commerce growth has allowed it to unlock a fast-growing, high-margin opportunity worth over $3 billion. Likewise, Costco's e-commerce operations are surging, and management has already admitted that it could follow Walmart's lead here.

For Walmart, This Is a $3 Billion Business. Could Costco Pursue the Same Strategy?

It's been about 25 years since Costco stock was as expensive as it is right now. Unless it grows its profits, Costco's stock price could drop to bring the valuation back down to normal.

Costco Is Behind Schedule When It Comes to 1 Important Thing: Here's What It Means for Investors

Colgate-Palmolive

Alphabet

Microsoft

PepsiCo

Visa

The stock market is unpredictable, and it is impossible to time it. Inflation, recession, low consumer spending and geopolitical issues can impact your investment portfolio.

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CrowdStrike

Chevron

Lockheed Martin

Newmont Mining

A commonly used method to value stocks is discounted cash flow analysis. The basic idea is to estimate the present value of future cash flow from the business.

News for Costco Stock (COST)