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

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

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.

The giant retailer has paid four special dividends to investors since 2012. Costco has been conserving cash, making another special dividend likely.

Is Costco About to Pay Another Special Dividend?

Diodes

Imperial Oil

When the Covid-19 crisis faded, Americans finally looked forward to a broader recovery, which on paper doesn't necessarily incentivize the best sleep-well-at-night stocks. However, lingering headwinds – such as stubbornly high inflation – along with fresh negative catalysts (most notably a worsening geopolitical backdrop) require a rethink of reliable enterprises.

3 Safe Stocks to Buy to Sleep Like a Baby

Costco reported fiscal third-quarter net sales and earnings per share below consensus analyst forecasts. Excluding some one-time items, Costco's net income grew sharply despite a higher tax rate.

Costco Is Growing Where It Matters Most

Starbucks

Williams-Sonoma

Starbucks changes with consumer trends to maintain high sales growth. Williams-Sonoma has a long history of consistent growth and pays a market-beating yield of 2.9%.

3 Amazing Dividend Stocks That Should Pay You Forever

Costco CFO Richard Galanti on Thursday offered some observations on inflationary pressures, saying they continue to "abate somewhat" for the retailer.

Costco CFO talks eggs, nuts and meat inflation

Costco Wholesale Corporation (NASDAQ:COST) (COST) is well positioned to meet consumer demand in a variety of different economic environments, according to analysts at UBS, who believe its shares are “underpriced at current levels” and worth the COST of admission. Despite the optimism, they lowered their target price on the bulk retailer to $560 per share, from $575 previously, while also noting that the company's solid growth prospects support its premium valuation.

Costco Wholesale stock is underpriced and worth COST of admission

Costco (COST) registers a comparable sales increase of 0.3% in the third quarter of fiscal 2023. Meanwhile, comparable e-commerce sales decrease 10% in the quarter.

Costco's (COST) Q3 Top Line Lags, Comparable Sales Up 0.3%

Some investors are blessed with the opportunity to participate in the growth and development of a business that genuinely carries the 'recession-proof' badge of honor. Unfortunately, recession concerns have recently increased the fear gauge in markets, with many beginning to withdraw from equities and look for alternative 'safer' investments like government bonds.

Costco's Earnings Call Reassure Economists, Recession Cancelled

Costco reported 3rd quarter 2023 results.

Costco Sees Deflation In Their Third Quarter

Costco Wholesale Corporation (NASDAQ:COST ) Q3 2023 Earnings Conference Call May 25, 2023 5:00 PM ET Company Participants Richard Galanti - CFO Conference Call Participants Michael Lasser - UBS Simeon Gutman - Morgan Stanley Christopher Horvers - JPMorgan Scot Ciccarelli - Truist Securities Karen Short - Credit Suisse John Heinbockel - Guggenheim Securities Oliver Chen - TD Cowen Scott Mushkin - R5 Capital Brandon Cheatham - Citi Rupesh Parikh - Oppenheimer & Co Operator Ladies and gentlemen, thank you for standing by, and welcome to Costco Wholesale Corporation's Fiscal Q3 2023 Conference Call. All lines have been placed on mute to prevent any background noise.

Costco Wholesale Corporation (COST) Q3 2023 Earnings Call Transcript

Costco CFO Richard Galanti said Thursday during the company's third-quarter earnings call the company has been "fortunate" regarding theft.

Costco CFO says company has been 'fortunate' to avoid theft

Costco Wholesale Corporation (NASDAQ:COST) saw its third-quarter 2023 net sales edge up 1.9% year over year to $52.6 billion, with net income for the period of $1.3 billion, $2.93 per diluted share, which includes a non-recurring charge to merchandise costs of $298 million. The charge was primarily for the discontinuation of its charter shipping activities, the company said.

Costco Wholesale 3Q results miss estimates; stock sags after hours

Shares of Costco Wholesale Corp. COST, +0.79% fell 1.5% after hours on Thursday after the membership warehouse retailer reported fiscal third-quarter results that missed expectations, with a same-store sales decline in the U.S. The company reported net income of $1.3 billion, or $2.93 a share, compared with $1.35 billion, or $3.04 a share, in the same quarter last year. Sales rose 1.9% to $52.6 billion, compared with $51.61 billion in the prior-year quarter.

Costco results miss expectations, as U.S. same-store sales decline

The company's same-store sales increased 0.3% this quarter, less than what analysts were forecasting.

Costco Stock Falls as Earnings, Sales Come Short

ISSAQUAH, Wash., May 25, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2023, ended May 7, 2023.

Costco Wholesale Corporation Reports Third Quarter and Year-to-Date Operating Results for Fiscal 2023

Costco Wholesale Corporation COST was trading slightly higher Thursday heading into its third-quarter financial results, which are set to print after the market close.

Trading Strategies for Costco Stock Before And After Q3 Earnings - Costco Wholesale (NASDAQ:COST)

We expect Costco to likely beat the revenue and earnings expectations.

What To Watch For In Costco's Stock Post Q3?

Dollar Tree

Two of the more notable retailers reporting their quarterly results this week are Costco (COST)) and Dollar Tree (DLTR) with both set to report on Thursday, May 25.

Time to Buy Costco (COST) or Dollar Tree (DLTR) Stock as Earnings Approach?

Costco Wholesale Corp (NASDAQ:COST) is set to announce its fiscal third-quarter earnings report after the close tomorrow, Thursday, May 25.

Costco Stock Extends Slide Before Earnings

Gap Inc

Marvell Technology

Pinduoduo Inc - ADR

In the first half-hour of trading on Tuesday, the Dow Jones industrials were down 0.58%, the S&P 500 down 0.67% and the Nasdaq 0.62% lower.

Earnings Previews: Costco, Gap, Marvell, Pinduoduo

Amazon

Both stocks have a long record of beating market averages. Amazon is funneling more investment into its e-commerce operations to widen its competitive lead.

Better Buy: Amazon vs. Costco Wholesale

Colgate-Palmolive

Procter & Gamble

Johnson & Johnson

Lowe's

Progressive

Exxon Mobil

With the debt ceiling issue rating as perhaps the single-most critical issue for the market right now, investors should consider targeting safe-haven stocks for debt default. Naturally, the U.S. government defaulting on its obligations would probably spark a ripple effect.

7 Safe-Haven Stocks to Buy for Protection From a U.S. Debt Default Disaster

Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.

Rising Memberships Could Help Costco Offset a Spending Slowdown

Costco (COST) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Costco (COST) Might Surprise This Earnings Season

BJ`s Wholesale Club Holdings Inc

Crocs

Deckers Outdoor

Dick's Sporting Goods

e.l.f. Beauty

Kohl's

Skechers U.S.A.

Ulta Beauty

Urban Outfitters

Walmart

Analysts will closely watch inventory levels as retail earnings in this week. Ulta, Dick's Sporting Goods, BJ's Wholesale, more report.

News for Costco Stock (COST)