Key TakeawaysCostco Wholesale reported fiscal fourth-quarter earnings that topped analysts’ expectations but narrowly missed on revenue.The warehouse retailer's e-commerce sales came short of estimates despite rising 18.9% year-over-year, as the pace of growth slowed.While Costco's recent hike in membership fees didn't impact the period, investors will be watching how higher fees could affect the company’s results going forward. Costco Wholesale (COST) reported fiscal fourth-quarter earnings that topped ana ...

Costco (COST) came out with quarterly earnings of $5.15 per share, beating the Zacks Consensus Estimate of $5.05 per share. This compares to earnings of $4.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.98%. A quarter ago, it was expected that this warehouse club operator would post earnings of $3.70 per share when it actually produced earnings of $3.78, delivering a surprise of 2.16%.Over the last four quarters, the com ...

1 4 th Quarter FY 2024 Supplemental Information Q4 Highlights - Sales $78.2B Net Sales +1.0% Growth1 +5.4% Comparable Sales +6.9% Adjusted Comparable Sales2 +6.4% Comparable Traffic +18.9% E-Comm Comparable Sales -0.9% Comparable Ticket +19.5% Adjusted E-Comm Comparable Sales3 | --- | --- | --- | --- | --- | |------------|-------|--------|----------------------|----------------| | Comp Sales | US | Canada | Other International | Total Company | | Sales | +5.3% | +5.5% | +5.7% | +5.4% | | Ticket | -0.3% | -2 ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Exhibit 99.1 Press Release COSTCO WHOLESALE CORPORATION REPORTS FOURTH QUARTER AND FISCAL YEAR 2024 OPERATING RESULTS ISSAQUAH, Wash., September 26, 2024 - Costco Wholesale Corporation ("Costco" or the "Company") (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week ...

ISSAQUAH, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year ended September 1, 2024. For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023. For the 52-week fiscal year, the Company reported net sales of $249. ...

Costco looks priced for perfection.Costco Wholesale (COST -0.53%) has been one of the biggest winners in the retail sector over its history. Its simple business model of selling bulk goods at bargain prices while collecting lucrative membership fees has generated a wide economic moat and driven steady growth.However, one analyst is calling time on the latest Costco rally, effectively forecasting a decline in the stock. Truist downgrades CostcoCostco shares keep churning higher, but those gains have come pre ...

Key TakeawaysCostco will report earnings after the market closes on Thursday.The majority of analysts tracked by Visible Alpha hold a buy rating on the bulk retailer, but their average price target isn't much higher than today's close. This will be Costco's first earnings report since raising its membership price for the first time in seven years. Costco Wholesale (COST) will report fiscal fourth-quarter earnings after the closing bell Thursday, with analysts projecting growth on the top and bottom lines—bu ...

Wall Street will watch Costco’s (COST)  stock closely this week with the food and general merchandise retailer set to report its fiscal fourth quarter results on Thursday, September 26.Let’s see if it’s time to buy Costco’s stock as earnings approach and look at how the bulk scale retailer stacks up to some of its competitors such as Walmart (WMT)  and Amazon (AMZN) .   Costco’s Q4 Expectations                                          Like Walmart, Costco has strived to expand its digital growth to compete ...

Costco Wholesale Corporation (NASDAQ:COST) steps into the earnings confessional tomorrow, with the discount retailer scheduled to report fiscal fourth-quarter financial results after the close. Ahead of the event, COST sports an intriguing technical setup worth exploring.Looking back at the last eight quarters, COST's post-earnings are a mixed bag, with four moves higher and four moves lower. There’s the muted 0.7% drop back in May, but the shares added 4.4% the day after the company’s December report. This ...