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

More than a dozen high-profile companies have announced a stock split in 2024. For much of the year, investors have gravitated to leading artificial intelligence (AI) stock-split stocks.

Wall Street's Most Anticipated Stock Split of the 4th Quarter May Be Announced This Week

Costco's incremental growth acceleration is driven only by new warehouse expansions as same-warehouse-sales growth is constant. This can lead to an erosion in return profiles. Stock price appreciation over the last 2 years has been driven mostly by a 42% multiple expansion with minimal earnings growth. Yet, the growth profile now is weaker. Costco deserves a premium valuation vs its peers. However, I believe a 168% premium to the median 1-yr fwd PE is excessive.

Costco: Value For Customers But Not For Investors

Accenture Plc

Cintas Corp

Micron Technology

The Federal Reserve's preferred inflation measure comes out on Friday. Plus, earnings from AutoZone, CarMax, and Vail Resorts.

Costco, Micron, Cintas, Accenture, and More Stocks to Watch This Week

Walmart

Retailers Walmart and Costco made robust stock repurchases months before their shares broke out to record highs in September.

Walmart and Costco Bought Up Stock at Bargain Prices

Netflix

Take-Two Interactive Software

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Netflix and Costco Wholesale

Top Wall Street analysts find these stocks promising for the long haul

On top of its regular dividend, Costco occasionally pays shareholders a massive special dividend. The company is paying out only about one-fourth of its earnings in dividends, leaving plenty of room for dividend growth.

Why Investors Should Love Costco's Dividend

The recent membership price increase is bullish for profits in the near term. Warren Buffett said it was "probably a mistake" for his company to sell Costco stock in 2020.

Costco Stock Keeps Rising Despite Its Valuation. Should You Buy?

Intuitive Surgical

Consumer spending habits have shifted, but essentials like healthcare and key staples remain resilient categories. Intuitive Surgical benefits from market leadership in its niche, a wide moat, and a clever business model.

Bull Market Buys: 2 Nasdaq Stocks to Own for the Long Run

KB Home

CNBC's Jim Cramer said he's looking toward quarterly reports from Costco and KB Home, as well as new economic data that could inform the Federal Reserve's next decision about interest rates. Cramer said the Fed's successful start to the easing cycle is leading the market in a positive direction.

Cramer's week ahead: New inflation data and earnings from Costco, KB Home

Costco Wholesale (COST) reports fiscal 2024 fourth-quarter earnings after the closing bell Thursday, the warehouse retailer's first report since raising its membership price for the first time in seven years.

What You Need To Know Ahead of Costco Earnings Thursday

As the stock market recovers its highs, KBHome and Costco Wholesale near buy points ahead of their earnings reports.

Stock Market Earnings Season Quiets Down: But These Names Poised For Breakouts

Costco stock continues to hold near high amid expectations for another strong quarter. KB Home is also on the earnings calendar.

Costco Stock Rallies Powerfully Ahead Of Earnings; Expectations High For This Top Builder

AutoZone

American stocks had a strong performance this week as the Federal Reserve embarked on an interest rate cutting cycle in its bid to engineer a soft landing. The S&P 500 index jumped to a record high and analysts see it continuing its strong performance.

Stocks to watch next week: Micron, Accenture, Costco, AutoZone

Costco (COST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Costco (COST) Earnings Expected to Grow: Should You Buy?

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

Is a Surprise Coming for Costco Wholesale (COST) This Earnings Season?

Costco has consistently been growing its business by single digits this year. One area that has been particularly strong is e-commerce, where revenue has been growing far above 10%.

This Unstoppable Trend Suggests Costco Wholesale Stock Can Still Soar Higher

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Costco (COST) is a Top Value Stock for the Long-Term

Target

Retail sales showed a surprise 0.1% gain in August, contributing to today's broader market tailwinds and boosting Treasury yields.

3 Retail Stocks Cooling Off Despite Upbeat Data

The Costco Wholesale (COST) stock price has been in a relentless bull run in the past few decades, making it one of the best-performing companies in Wall Street. It has soared by over 64,000% since going public in 1985.

Costco stock is more overvalued than Nvidia: still a buy?

Home Depot

Walmart, Costco and The Home Depot are included in this Analyst Blog.

The Zacks Analyst Blog Walmart, Costco and The Home Depot

Burlington Stores

Costco, The TJX Companies, Target and Burlington have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Costco, The TJX Companies, Target and Burlington

While September may bring market volatility, blue-chip retail stocks such as WMT, COST and HD offer a blend of stability and growth.

3 Must-Watch Blue-Chip Retail Stocks to Navigate September Market

Better pricing, effective inventory management and operational initiatives are likely to drive Retail-Discount Stores companies. COST, TJX, TGT and BURL look well placed.

4 Retail Discount Stocks to Seize Opportunities Despite Industry Woes

Deckers Outdoor

American Eagle Outfitters

Abercrombie & Fitch

Dick's Sporting Goods

Gap Inc

Murphy USA

PriceSmart

Ralph Lauren

Ross Stores

Sprouts Farmers Markets

These retailers have been increasing same-store sales while improving their profit margins

News for Costco Stock (COST)