Costco(COST)

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Costco tops quarterly estimates as Americans seek bargains amid inflation
Yahoo Finance· 2025-09-25 20:18
Core Insights - Costco Wholesale exceeded fourth-quarter revenue and profit expectations as consumers sought lower-priced essentials amid inflation and a weakening labor market [1][5] - The company's strategy of limited product categories and local sourcing has helped mitigate the impact of tariffs from the Trump administration's trade policies [2] - Strong sales of private-label brands and maintaining lower prices on key items contributed positively to Costco's performance [3] Financial Performance - Costco reported revenue of $86.16 billion, surpassing analysts' average estimate of $86.06 billion [5] - Same-store sales, excluding gas, increased by 6.4%, slightly below the estimated 6.44% [5] - Earnings per share, excluding items, were $5.87, exceeding the analysts' average estimate of $5.80 [5] Membership and Pricing Strategy - The company is reinvesting part of the increased membership fees into sharper pricing for members, benefiting both members and shareholders [4] - Earnings from membership fees rose by 14% to $1.72 billion for the quarter ended August 31 [4]
开市客第四财季总体营收861.6亿美元,分析师预期860.3亿美元
Hua Er Jie Jian Wen· 2025-09-25 20:18
开市客第四财季总体营收861.6亿美元,分析师预期860.3亿美元。 市场有风险,投资需谨慎。本文不构成个人投资建议,也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资,责任自负。 风险提示及免责条款 ...
Costco beats quarterly revenue estimates on strong demand for cheaper essentials
Reuters· 2025-09-25 20:18
Costco Wholesale beat fourth-quarter revenue estimates on Thursday, as Americans hunting for bargains flocked to the membership-only retail chain to snap up lower-priced essentials. ...
Costco(COST) - 2025 Q4 - Annual Results
2025-09-25 20:16
[Operating Results Overview](index=1&type=section&id=Operating%20Results%20Overview) This section presents Costco's financial and operational performance for Q4 and FY2025, including sales, income, and global footprint [Financial Highlights (Q4 and FY2025)](index=1&type=section&id=Financial%20Highlights%20%28Q4%20and%20FY2025%29) Costco reported strong financial performance for both the fourth quarter and the full fiscal year 2025, with significant increases in net sales, comparable sales across all regions and e-commerce, and net income per diluted share [Net Sales Performance](index=1&type=section&id=Net%20Sales%20Performance) This section details Costco's net sales figures and year-over-year growth for the recent quarter and full fiscal year | Metric | 16 Weeks Ended Aug 31, 2025 | 16 Weeks Ended Sep 1, 2024 | 52 Weeks Ended Aug 31, 2025 | 52 Weeks Ended Sep 1, 2024 | | :----- | :-------------------------- | :-------------------------- | :-------------------------- | :-------------------------- | | Net Sales | $84.4 billion | $78.2 billion | $269.9 billion | $249.6 billion | | YoY Growth | 8.0% | - | 8.1% | - | [Comparable Sales Performance](index=1&type=section&id=Comparable%20Sales%20Performance) This section analyzes Costco's comparable sales growth across various regions and e-commerce, both reported and adjusted | Region | 16 Weeks | 16 Weeks Adjusted* | 52 Weeks | 52 Weeks Adjusted* | | :---------------- | :------- | :----------------- | :------- | :----------------- | | U.S. | 5.1% | 6.0% | 6.2% | 7.3% | | Canada | 6.3% | 8.3% | 5.0% | 8.3% | | Other International | 8.6% | 7.2% | 4.8% | 8.2% | | Total Company | 5.7% | 6.4% | 5.9% | 7.6% | | E-commerce | 13.6% | 13.5% | 15.6% | 16.1% | *Excluding the impacts from changes in gasoline prices and foreign exchange. [Net Income and Earnings Per Share](index=1&type=section&id=Net%20Income%20and%20Earnings%20Per%20Share) This section presents Costco's net income and diluted earnings per share for the recent quarter and full fiscal year | Metric | 16 Weeks Ended Aug 31, 2025 | 16 Weeks Ended Sep 1, 2024 | 52 Weeks Ended Aug 31, 2025 | 52 Weeks Ended Sep 1, 2024 | | :----- | :-------------------------- | :-------------------------- | :-------------------------- | :-------------------------- | | Net Income | $2.610 billion | $2.354 billion | $8.099 billion | $7.367 billion | | Diluted EPS | $5.87 | $5.29 | $18.21 | $16.56 | - Last year's Q4 results included a net non-recurring tax benefit of **$63 million**, or **$0.14 per diluted share**, related to a transfer pricing settlement and true-ups of tax reserves[3](index=3&type=chunk) [Operational Footprint](index=1&type=section&id=Operational%20Footprint) As of August 31, 2025, Costco operates 914 warehouses globally, with a significant presence in the United States and Canada, alongside a growing international and e-commerce footprint - Costco currently operates **914 warehouses globally**, including **629 in the United States and Puerto Rico**, **110 in Canada**, 42 in Mexico, 37 in Japan, 29 in the United Kingdom, 20 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, two in Sweden, and one each in Iceland and New Zealand[4](index=4&type=chunk) - The Company also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, and Australia[4](index=4&type=chunk) [Conference Call Information](index=1&type=section&id=Conference%20Call%20Information) A conference call was scheduled for September 25, 2025, to discuss the operating results, with webcast access available for investors - A conference call to discuss these results was scheduled for **2:00 p.m. (PT) on September 25, 2025**, and was available via a webcast on investor.costco.com[5](index=5&type=chunk) [Financial Statements](index=3&type=section&id=Financial%20Statements) This section provides a comprehensive overview of Costco's financial health through its consolidated income statements, balance sheets, and cash flow statements [Consolidated Statements of Income](index=3&type=section&id=Consolidated%20Statements%20of%20Income) The Consolidated Statements of Income detail Costco's revenue, operating expenses, and net income figures for the 16-week and 52-week periods ending August 31, 2025, and September 1, 2024, showing year-over-year growth in key profitability metrics | Metric (in millions) | 16 Weeks Ended Aug 31, 2025 | 16 Weeks Ended Sep 1, 2024 | 52 Weeks Ended Aug 31, 2025 | 52 Weeks Ended Sep 1, 2024 | | :------------------- | :-------------------------- | :-------------------------- | :-------------------------- | :-------------------------- | | Net sales | $84,432 | $78,185 | $269,912 | $249,625 | | Membership fees | $1,724 | $1,512 | $5,323 | $4,828 | | Total revenue | $86,156 | $79,697 | $275,235 | $254,453 | | Operating income | $3,341 | $3,042 | $10,383 | $9,285 | | Net income | $2,610 | $2,354 | $8,099 | $7,367 | | Diluted EPS | $5.87 | $5.29 | $18.21 | $16.56 | [Consolidated Balance Sheets](index=4&type=section&id=Consolidated%20Balance%20Sheets) The Consolidated Balance Sheets provide a snapshot of Costco's financial position as of August 31, 2025, and September 1, 2024, highlighting increases in total assets and equity, reflecting business expansion and retained earnings | Metric (in millions) | August 31, 2025 | September 1, 2024 | | :------------------- | :---------------- | :---------------- | | Cash and cash equivalents | $14,161 | $9,906 | | Total current assets | $38,380 | $34,246 | | Property and equipment, net | $31,909 | $29,032 | | TOTAL ASSETS | $77,099 | $69,831 | | Total current liabilities | $37,108 | $35,464 | | TOTAL LIABILITIES | $47,935 | $46,209 | | Retained earnings | $22,650 | $17,619 | | TOTAL EQUITY | $29,164 | $23,622 | [Condensed Consolidated Statements of Cash Flows](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) The Condensed Consolidated Statements of Cash Flows illustrate the movement of cash for the 52-week periods ending August 31, 2025, and September 1, 2024, indicating strong cash generation from operating activities and significant investments in property and equipment | Metric (in millions) | 52 Weeks Ended Aug 31, 2025 | 52 Weeks Ended Sep 1, 2024 | | :------------------- | :-------------------------- | :-------------------------- | | Net cash provided by operating activities | $13,335 | $11,339 | | Net cash used in investing activities | $(5,311) | $(4,409) | | Net cash used in financing activities | $(3,775) | $(10,764) | | Net change in cash and cash equivalents | $4,255 | $(3,794) | | CASH AND CASH EQUIVALENTS END OF YEAR | $14,161 | $9,906 | [Additional Information](index=2&type=section&id=Additional%20Information) This section includes important disclosures regarding forward-looking statements and investor contact details [Forward-Looking Statements Disclaimer](index=2&type=section&id=Forward-Looking%20Statements%20Disclaimer) This section outlines the nature of forward-looking statements within the document, emphasizing the inherent risks and uncertainties that could cause actual results to differ materially from projections - The document contains forward-looking statements regarding future activities, events, conditions, or developments, which are subject to risks and uncertainties that may cause actual results to differ materially[6](index=6&type=chunk) - These risks include economic conditions, competition, financial market uncertainties, consumer spending, security breaches, real estate conditions, rising costs, geopolitical conditions, and regulatory impacts[6](index=6&type=chunk) - The Company does not undertake to update these statements, except as required by law[6](index=6&type=chunk) [Company Contacts](index=2&type=section&id=Company%20Contacts) Contact information for Costco Wholesale Corporation investor relations is provided for further inquiries - For investor inquiries, contacts are **Josh Dahmen at 425/313-8254** and **Andrew Yoon at 425/313-6305**[7](index=7&type=chunk)
Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2025 Operating Results
Globenewswire· 2025-09-25 20:15
ISSAQUAH, Wash., Sept. 25, 2025 (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 August 31, 2025. Net sales for the quarter increased 8.0 percent, to $84.4 billion, from $78.2 billion last year. Net sales for the fiscal year increased 8.1 percent, to $269.9 billion, from $249.6 billion last year. Comparable sales for the fourth quarter and fiscal year were as foll ...
Costco members push back on new shopping rules to hit this week — why some executive perks are causing a stir
Yahoo Finance· 2025-09-25 18:11
ZikG/Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Costco just started offering its top-tier members something regular shoppers can’t buy: an empty store. Since June 30, the warehouse giant’s Executive Members have been able to shop on weekdays starting at 9 a.m. — which is one hour earlier than everyone else. On Saturdays, Executive Members get a 30-minute head start instead. Must Read Those without a premium membership [1] will be t ...
Wall Street Retreats for Third Straight Day Amid Valuation Concerns and Economic Data
Stock Market News· 2025-09-25 18:07
Market Overview - The U.S. stock market is experiencing a notable pullback, with major indexes extending losses for a third consecutive session, driven by profit-taking and concerns over equity valuations [1][2] - Afternoon trading reflects a cautious mood as market participants digest economic data and corporate news [1] Market Indexes Performance - The Dow Jones Industrial Average (DJIA) was down approximately 0.2%, or 76 points, closing at 46,121.28 [2] - The S&P 500 (SPX) slipped between 0.4% and 0.7%, heading towards its longest slide in over a month, after falling to 6,637.97 [2] - The Nasdaq Composite (IXIC) traded 0.3% to 0.7% lower, following a dip to 22,497.86 [2] Sector Performance - Mixed performance across sectors, with profit-taking evident in the technology segment; seven out of 11 sectors in the S&P 500 ended in negative territory [3] - The Energy Select Sector SPDR (XLE) advanced 1.3%, while the Materials Select Sector SPDR (XLB) and Real Estate Select Sector SPDR (XLRE) saw declines of 1.2% and 1%, respectively [3] Copper Market Impact - A surge in copper prices is noted after Freeport-McMoRan declared force majeure on supplies from its Grasberg mine due to a fatal mudslide, causing copper prices to rise by 1.1% [4] - Shares of copper producers like Anglo-American and Glencore saw gains due to this supply disruption [4] Homebuilders Performance - Homebuilders like Lennar (LEN) and D.R. Horton (DHI) are experiencing gains, attributed to a 20.5% surge in U.S. sales of new homes in August 2025, reaching an annual rate of 800,000 units [5] Upcoming Economic Data - Key U.S. inflation data (PCE) is anticipated, which could significantly influence market direction [6] - Weekly jobless claims data and the latest GDP estimate are also set to be released, providing insights into the labor market and economic health [6] Federal Reserve Commentary - Federal Reserve Chair Jerome Powell's remarks on equity prices being "fairly highly valued" and a measured approach to interest rate cuts continue to weigh on investor sentiment [7] - Stronger-than-expected economic reports may reduce the urgency for aggressive rate reductions [7] Corporate Earnings Reports - Notable companies like Costco Wholesale (COST), Accenture (ACN), and CarMax (KMX) are scheduled to report fiscal fourth-quarter results, which will be closely watched for insights into consumer spending [8][9] Individual Stock Movements - Technology stocks, particularly in the AI space, are facing profit-taking; Nvidia (NVDA) shares fell 0.8% and Oracle (ORCL) fell 1.7% due to valuation concerns [10] - Intel (INTC) shares rose over 5% on news of seeking investment from Apple, while IBM (IBM) rose more than 5% following positive trial results using its quantum computing technology [11] - Starbucks (SBUX) shares slipped almost 1% due to layoffs and store closures, while CarMax (KMX) tumbled 19.8% after reporting weaker-than-expected profits [12] - Lithium Americas (LAC) soared 95.8% on reports of potential U.S. government investment in its lithium project [13] Market Environment - The market is navigating a complex environment characterized by a resilient economy, cautious Federal Reserve, and re-evaluation of high-growth stock valuations [14]
X @Easy
Easy· 2025-09-25 17:39
Taking the NO on Costco to say Hot Dog during their earnings call.They have 2x before.Once in 2024 when they said they wouldn’t raise the price&& again in Q&A this year, from Q1, but I lean that they will not say it this earnings report for Q2 https://t.co/T1KjErEIxJ ...
Midday Market Shifts: Tech Slides Continue as Economic Data Fuels Rate Hike Concerns
Stock Market News· 2025-09-25 16:07
U.S. stock markets are experiencing a notable pullback on Thursday, September 25, 2025, with major indexes extending their declines for a third consecutive session. This midday downturn follows a "blistering run" that saw the market hit record highs earlier in the week, suggesting investors are taking a pause to digest a flurry of economic data and corporate news. The prevailing sentiment appears to be influenced by stronger-than-expected economic indicators, which are fueling concerns that the Federal Rese ...
Weekly Jobless Claims Less Than Expected
ZACKS· 2025-09-25 16:05
Economic Data Summary - Q2 GDP was revised up from +3.3% to +3.8%, marking the strongest quarter of growth since Q3 2023 [2] - Consumption increased significantly from +1.6% to +2.5%, indicating a stronger appetite among U.S. consumers [3] - The Price Index rose by 10 basis points, with headline inflation at +2.1% and core inflation at +2.6% [3] Job Market Insights - Initial Jobless Claims fell to 218K, down 17K from estimates and 64K lower than two weeks ago, reaching the lowest level since mid-summer [4] - Continuing Claims rose slightly to 1.926 million, remaining below 1.94 million for the third consecutive week [5] Manufacturing and Trade Data - August Durable Goods Orders increased by +2.9%, significantly better than the prior month's -2.7% and the consensus estimate of -0.5% [6] - The Advanced U.S. Trade Balance for August showed an improvement to -$85.5 billion from -$102.8 billion [7] - Advanced Retail Inventories remained unchanged, while Advanced Wholesale Inventories decreased to -0.2% [7] Market Expectations - Existing Home Sales for August are forecasted at 3.96 million, a decrease from July's 4.01 million [8] - Costco is expected to report fiscal Q4 results with a projected earnings growth of +12.8% year over year and +8.1% revenue growth [9]