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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

VanEck Merk Gold Trust

Aberdeen Standard Gold ETF Trust

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Aberdeen Standard Physical Silver Shares ETF

iShares Silver Trust

iShares MSCI Global Silver Miners ETF

ProShares Ultra Gold

(Kitco News) – Costco, the warehouse-style retailer famous for its unlimited samples, cheap hotdogs and bulk quantities, began selling gold bars to its members during the second half of last year. Now, they're stocking silver as well.

As gold bars continue to sell out, Costco adds silver coins online and in-store

A lofty valuation is at the heart of the selloff Monday. Some analysts think the premium is warranted.

Costco Stock Extends Losses. Why Wall Street Thinks the Downturn Won't Last.

Costco reports strong membership growth and same-store sales growth, with adjusted SSS up 5.6% and e-commerce up 18.4% YoY. The company sees growth potential in China, with impressive membership numbers and plans to expand same-day delivery services. Costco's FY24 outlook includes opening new stores, renovating existing stores, and estimating 8% revenue growth.

Costco: Strong Membership Growth Continues

Walmart

Home Depot

Target

Walmart did its first stock split in 25 years last month, executing a 3-for-1 split. Shares of the giant retailer have been steadily rising this year.

Walmart's Stock Split Is Official. Could These Mega-Retail Stocks Be Next?

Costco's (NASDAQ: COST) revenue model is the envy of the retail industry. It charges consumers money to shop at its stores. “Members” spend as much as $120 yearly to go to Costco's brick-and-mortar locations or shop at Costco.com. So, the retailer gets a steady line of recurring revenue, along with the amount people pay for goods and services. However, based on recent earnings, the model hit a wall.

Costco Hits A Wall

Costco Wholesale Corporation's stock faced a significant downturn, closing down over 7% at approximately $725 per share on Friday. This marked the worst performance day for the retailer's stock in nearly two years, following its failure to meet Wall Street's earnings expectations.

Costco's stock tumbles after earnings miss: Analysts weigh in on COST's future

Adobe

AutoZone

Oracle

2024 Q1 earnings are currently expected to be up +2.4% from the same period last year on +3.5% higher revenues, reflecting the third consecutive period of positive earnings growth. The Tech sector is poised to flex its power again, helping brighten the overall earnings picture in a big way.

Previewing the 2024 Q1 Earnings Season

Costco cut prices on frozen berries, reading glasses, and other products this year. The retailer wants "to be the first out there trying to lower prices," CFO Richard Galanti said.

Costco says it's actually cutting prices on some products as inflation stabilizes

Costco's shares were down over 7% on Friday and set for its worst day since May 2022 after the membership-only retail chain missed second-quarter revenue expectations and signaled a negative impact from lower gasoline prices.

Costco stock set for worst day in near two years on quarterly revenue miss

The front of the coin shows an image depicting a maple leaf while the back displays a likeness of King Charles III.

Costco now offering silver coins bearing likeness of Charles III for $675 a pack

Costco's sales came up short in its most recent quarter even though membership numbers held strong. Shares of the retail chain had been up 60% during the past year, which makes a small pullback seem reasonable.

Why Costco Stock Took a Step Back Today

Costco Wholesale Corporation (NASDAQ: COST) is in the red this morning after coming in shy of Street estimates for total sales in its fiscal second quarter. Is it worth buying Costco stock today?

Costco stock: should you buy it on the post-earnings dip?

Costco Wholesale Corporation (NASDAQ:COST, ETR:CTO) shares traded lower ahead of Friday's opening bell after the big box warehouse retailer reported a revenue miss for the fiscal second quarter. The company posted a 5.7% year-over-year increase in sales with total revenue coming in at $58.44 billion, short of Wall Street estimates of $59.16 billion.

Costco shares slip on 2Q revenue miss

Stock futures dipped ahead of a closely watched jobs report that is expected to show a significant cooling of the labor market in February.

Dow Jones Today: Stock Futures Dip Ahead of Jobs Report; Costco Falls on Sluggish Sales

Costco (COST) registers a comparable sales increase of 5.6% in the second quarter of fiscal 2024. Comparable e-commerce sales rise 18.4% in the quarter.

Costco's (COST) Q2 Earnings Beat, Comparable Sales Rise 5.6%

Costco Wholesale Corporation (COST) Q2 2024 Earnings Call Transcript

The headline numbers for Costco (COST) give insight into how the company performed in the quarter ended February 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Costco (COST) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Costco (COST) came out with quarterly earnings of $3.71 per share, beating the Zacks Consensus Estimate of $3.60 per share. This compares to earnings of $3.30 per share a year ago.

Costco (COST) Beats Q2 Earnings Estimates

As retailers compete for consumers' omnichannel loyalty, Costco is driving digital growth with a somewhat unconventional approach — selling precious metals. The membership warehouse club chain shared in its second quarter fiscal 2024 financial results Thursday (March 7) that digital sales were up 18.

Costco's Digital Gold Rush Drives eCommerce Gains

Costco Wholesale (COST) reported better-than-expected earnings for its second quarter of fiscal 2024, but sales growth was weaker than anticipated. The company's shares fell more than 4% in after-hours trading.

Costco Profit Tops Expectations But Revenue Growth Disappoints; Stock Moves Lower

E-commerce sales grew 18.4% in the quarter compared with the year earlier.

Costco misses holiday-quarter revenue expectations despite online growth

ISSAQUAH, Wash., March 07, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the second quarter (twelve weeks) and the first 24 weeks of fiscal 2024, ended February 18, 2024.

Costco Wholesale Corporation Reports Second Quarter and Year-to-Date Operating Results for Fiscal 2024 and February Sales Results

PriceSmart

Membership clubs have been leading the retail sector in growth, but there is a shadow over the market now. The segment is losing momentum, and sales are expected to slow again in 2024, setting their markets up to correct, given weaker-than-expected results.

Membership Clubs Lose Momentum: 3 Stocks to Buy on a Dip

Lam Research

LyondellBasell Industries

Morgan Stanley

Reversion to the mean is observed in various aspects of life, including the Sahara desert, population cycles, and of course the stock market. The semiconductor industry experiences boom-bust cycles due to overproduction and pricing pressure. The article highlights 3 overvalued sells, and 2 great replacement dividend buys.

Sell Alert: 3 Overvalued Dividend Stocks And 2 Replacement Buys

With several of its Zacks Retail-Discount Industry peers already posting strong quarterly results this week, Costco's (COST) stock is moving higher ahead of its fiscal second quarter report on Thursday, March 7.

News for Costco Stock (COST)