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 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 Q3 2023

Earnings data Q4 2023

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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

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.

Apple

Applied Materials

Amphenol

Graco

Home Depot

Intuit

Jack Henry & Associates

Lowe's

Mastercard

Monolithic Power Systems

Microsoft

Northrop Grumman

Roper Technologies

Charles Schwab

Sherwin-Williams

Tractor Supply

Visa

Vanguard Dividend Appreciation ETF

There are 18 stocks on my dividend growth watchlist for October 2023. More than half of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks would have outperformed the Vanguard Dividend Appreciation ETF by nearly 7% year-to-date.

Dividend Growth Stock Watchlist - October 2023

Taiwan Semiconductor Manufacturing

Warren Buffett is widely considered the greatest investor of all-time. His holding company, Berkshire Hathaway (NYSE: BRK-A /NYSE: BRK-B ) has a vast investment portfolio currently worth $340 billion.

3 Stocks I Bet Warren Buffett Wishes He Held Onto

Costco is the face of the high quality vs. rich valuation arguments among investors. On one side, we have a company with over 127 million loyal customers, who pay an annual fee to shop at Costco's warehouses, which are unparalleled in their value proposition. On the other side, there's a stock trading at a 36x P/E, much higher than the market's average, and above the levels of other extraordinary and faster-growing companies.

Here's Why Costco Can Continue To Beat The Market Despite Rich Valuation

BJ`s Wholesale Club Holdings Inc

Costco is growing faster and has a larger base of members. Shares of smaller rival BJ's Wholesale are valued at a discount.

Better Buy: Costco vs. BJ's Wholesale Club

Costco is known for selling goods and services in bulk and at mass scale. Primary care health checkups are one of those services now.

Is Costco Wholesale a Healthcare Stock Now?

A Walmart exec said new weight-loss drugs were starting to have an impact on grocery sales. Costco makes a majority of its sales from groceries.

Why Costco Stock Was Slipping Today

Coca-Cola

McDonald's

PepsiCo

Walmart

The rise of GLP-1 drugs is driving consumer staples stocks lower as patients eat less food. Shares of PepsiCo, Coca-Cola, Walmart, and Costco have been slammed on the prospect of less food demand.

Food retailers and producers are getting slammed as GLP-1 drugs like Ozempic raise growing alarms about demand

Consumer staples companies fell across the board on Friday, after a stronger-than-expected September jobs report raised concerns it may lead the Federal Reserve to again hike interest rates.

Walmart and Costco lead selloff of consumer-staple stocks after jobs report ignites rate hike worries

The mammoth retailer's historical financial performance has been stellar. Its stock has richly rewarded investors, but it trades at an expensive multiple today.

Is This the Single Biggest Bear Argument for Costco Stock?

Costco has experienced strong growth over the past decade, outperforming its largest competitor Walmart. The company has a strong business model, offering low prices and high-quality products to its members. Costco has a history of paying dividends and has also rewarded shareholders with special dividends, as well as implementing a share buyback program.

Costco: So Many Things To Like, Except One

Costco trades at a significant premium to its retail peers. The company's return on capital is roughly double that of Walmart.

1 Number That Shows Why Costco Trades at a Premium to Its Competitors

Costco has shown consistent revenue growth and profitability, with a loyal membership base. Despite their profitability, they trade at a substantial premium relative to their cash flow. Given the headwinds of inflation and shaky e-commerce growth, I believe COST is a Strong Sell.

Costco: Unlikely To Provide Meaningful Returns Going Forward

Costco's (COST) distinctive membership business model and pricing power set it apart from traditional players. Comparable sales for the retail month of September rise 4.5%.

Costco's (COST) Comparable Sales Display Strength in September

Costco's shares have nearly tripled the return of the benchmark S&P 500 over the last five years, . The retailer topped expectations in its latest quarter though pressures still weigh on the consumer.

Stock Split Watch: 1 Growth Stock Up 157% in 5 Years to Buy Now, According to Wall Street

Costco Wholesale Corporation (NASDAQ:COST) reported a solid rise in same-store sales in September boosted by growth in Canada and in its international business. Net sales totalled $22.75 billion for the retail month of September, the five weeks ended October 1, an increase of 6.0% from $21.46 billion last year.

Costco delivers strong growth in sales in September

Chevron

NVIDIA

Making stock predictions is challenging, but historical market data does provide useful insights. Since 1928, the average change in the S&P 500 index has been positive for each month of Q4.

3 Blue-Chip Stocks Ready to Break Out This Quarter

Novo Nordisk

Novo Nordisk, Mastercard, and Costco provide investors with recurring income and good growth. These businesses have been performing well over the years and have more potential ahead.

3 Dividend Stocks That Turned $25,000 into $100,000 in 10 Years -- and None of Them Is a Tech Stock

Costco Wholesale Corp. COST, +1.20% on Wednesday said that total same-store sales rose 4.5% in September, better than the pace it reported for August and its fiscal fourth quarter. Same-store sales were up 3.2% in the U.S. and 6.7% in Canada through the five weeks ending Oct. 1.

Costco notches gain in same-store sales for September

Target

Consumer stocks to check out for your October 2023 watchlist.

3 Consumer Stocks To Watch In October 2023

Alcoa

Dillard's

Investors shouldn't be scared out of this market. On the contrary, they should be looking for buying opportunities as stock prices trend lower.

3 Long-Term Stocks Ready to Take Off Soon

Costco is partnering with Sesame to offer virtual healthcare visits for just $29. The move is reminiscent of Amazon Clinic but with lower prices.

Costco Could Crush Amazon in This Huge Emerging Market

Costco is well into its sixth year in between membership fee increases. The good news is that its memebers are still renewing at a record rate.

Costco Isn't Ready to Hike Subscription Fees. Should Investors Be Worried?

Costco has a abundance of growth opportunities both in and outside of the U.S. The company's strong free cash flow gives it the resources it needs to expand.

Costco's Stock Is Expensive. But It Could Look Like a Steal in 10 Years

General Motors

Onto Innovation

Palantir Technologies

iShares 0-3 Month Treasury Bond ETF

SharkNinja Inc

Tilray Brands

iShares 20+ Year Treasury Bond ETF

WeWork

Nintendo

September was tough, as many top stocks suffered. The trend is nothing new, as September is historically one of the worst months for the stock market.

The 10 Top Stocks to Watch in Q4 2023

General Mills

GameStop

Netflix

NIKE

Peloton

September lived up to its billing as the worst month of the year. Pulled lowered by the threat of higher interest rates, a looming government shutdown, and rising energy prices, U.S. indices ended September in the red.

News for Costco Stock (COST)