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 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

Earnings data Q2 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.

Costco reports strong Q1 earnings, eyes digital expansion and member value

Costco's Q1 performance reflects solid growth in net income, sales, and membership fees, driven by strong e-commerce and partnership strategies. The company's focus on member value, technology enhancements, and logistics improvements positions it well for future success.
While facing challenges like rising operating expenses and lower online sign-ups, Costco has opportunities to optimize its digital business, drive membership growth, and enhance member experience. Balancing cost pressures with value delivery will be crucial for sustained growth.
Overall, Costco's Q1 earnings call highlights its resilience, adaptability, and commitment to member satisfaction. With a strategic focus on technology, partnerships, and operational efficiency, Costco is poised for continued growth and market leadership.

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

Sales growth slowed to a crawl in the U.S market this past quarter. Still, Costco's renewal rate remained in record-high territory.

1 Reason Not to Worry About Costco Stock in 2023

While the top- and bottom-line numbers for Costco (COST) give a sense of how the business performed in the quarter ended May 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Costco (COST) Reports Q3 Earnings: What Key Metrics Have to Say

Costco Wholesale Corp. COST said late Thursday its May sales rose 1.2% to $18.45 billion, from $18.23 billion in May 2022. Comparable-store sales fell 0.3%, including a 1.3% decline in U.S. comparable-store sales.

Costco stock drops 1% after May online sales fall nearly 8%

Macy's

Macy's, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy.

Macy's and Costco sound a warning about the economy

Amazon

Activision Blizzard

General Electric

It's looking like a modestly higher open for stocks following more debt-ceiling progress, and as focus turns to big jobs data and how that might affect Fed policy.

Amazon, Activision, GE, Costco. Cash is now king and these companies have plenty, says Jefferies

Colgate-Palmolive

California Water Service Group

McDonald's

So far, the stock market has seemingly shrugged off fears of default if the U.S. debt ceiling is not raised. But intelligent investors may want to play it safe with dividend stocks.

4 Dividend Stocks to Play Defense

Costco's net sales edged higher in its fiscal Q3. The company should have a long runway of dividend growth ahead of it.

Looking for Sizable Dividend Growth? Look No Further Than Costco Stock

Toyota Motor

The seven brands with the best reputations in the U.S. include apparel company Patagonia, fast food giant Chick-fil-A and automaker Toyota — not Apple or Amazon.

These are the 7 most loved brands in America—Apple and Amazon just missed the cut

Coca-Cola

Starbucks

Coca-Cola is as reliable as you can get for dividend payments. Costco still draws new members and demonstrates operational health even in the pressured economy.

Why Coca-Cola, Costco, and Starbucks Are No-Brainer Buys Right Now

AutoZone

BJ`s Wholesale Club Holdings Inc

Burlington Stores

Floor & Decor Holdings

Grocery Outlet

Ross Stores

Sprouts Farmers Markets

Target

Tapestry

Tractor Supply

Urban Outfitters

Every earnings season there are retail horror stories but also some companies that stand out in a competitive environment. Below is a list of 13 U.S. retailers that have put up good quarterly numbers.

13 retailers posted a good earnings season based on two key measures. Are their stocks worth a look?

Net income fell as it shut down its charter shipping activities. Still, the share price rose following the announcement.

After a Lackluster Earnings Report, Is Now the Time to Buy Costco Stock?

Arbor Realty Trust

Blackstone Mortgage Trust

Cummins

Ladder Capital

Modiv

Northrop Grumman

InfraCap REIT Preferred ETF

Starwood Property

Vanguard Real Estate ETF

Many preferred stocks are now heavily discounted and offer high yields. Since real estate is well-known for its cash generation capabilities, REIT preferreds often offer better risk-to-reward. We discuss two REIT preferreds with yields above 8% for your consideration.

8% Yielding 'Strong Buy' REIT Preferred Shares

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

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.

News for Costco Stock (COST)