Costco on Thursday beat Wall Street's quarterly earnings and sales estimates, as it got a boost in part from higher membership fees.Here's how the warehouse club did for the fiscal first quarter compared to what Wall Street expected, according to a survey of analysts by LSEG:Earnings per share: $4.04 vs. $3.79 expectedRevenue: $62.15 billion vs. $62.08 billion expectedIn the three-month period that ended Nov. 24, Costco's net income rose to $1.80 billion, or 4.04 per share, from $1.59 billion, or $3.58 per ...

Exhibit 99.1 Press Release COSTCO WHOLESALE CORPORATION REPORTS FIRST QUARTER FISCAL YEAR 2025 OPERATING RESULTS ISSAQUAH, Wash., December 12, 2024 - Costco Wholesale Corporation ("Costco" or the "Company") (Nasdaq: COST) today announced its operating results for the first quarter of fiscal 2025 (twelve weeks), ended November 24, 2024. Net sales for the first quarter increased 7.5 percent, to $60.99 billion from $56.72 billion last year. Comparable sales for the first quarter fiscal 2025 were as follows: | ...

ISSAQUAH, Wash., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the first quarter of fiscal 2025 (twelve weeks), ended November 24, 2024. Net sales for the first quarter increased 7.5 percent, to $60.99 billion from $56.72 billion last year. Comparable sales for the first quarter fiscal 2025 were as follows:  12 Weeks 12 Weeks   Adjusted*U.S.5.2% 7.2%Canada5.8% 6.7%Other International4.7% 7.1%    Total Compa ...

Costco rejected a majority of the Teamsters' demands as the deadline to secure a new contract looms.  The Teamsters announced Thursday that the company rejected 98% of the contract provisions it proposed, including language on seniority, inclement weather, paid family leave, bereavement policies, sick time and safeguards against surveillance.The group, which rallied in California to protest the company's alleged unfair labor practices and to demand an industry-leading contract, said the move signals an "unw ...

Costco Wholesale Corporation COST will be reporting its first-quarter earnings on Thursday. Wall Street expects $3.79 in EPS and $62.08 billion in revenues as the company reports after market hours.The stock is up 58.01% over the past year, 53.50% YTD.Let’s look at what the charts indicate for Costco stock and how the stock currently maps against Wall Street estimates.Read Also: Costco Q1 Earnings Preview: Membership Fee Increase In Focus With Shares At All-Time HighsCostco Stock Bullish But Overbought Ahea ...

Shares of Costco Wholesale Corporation (NASDAQ:COST) are 1% higher at $1,003.43 at last glance, and earlier touched an all-time high of $1,007.80. These tailwinds follow a federal judge's decision to block the merger between sector peers Albertsons (ACI) and Kroger (KR), with the former now suing the latter for "billions of dollars" in damages.This positive price action also takes place before the wholesale retail giant enters the earnings confessional, scheduled to post fiscal first-quarter results after t ...

ISSAQUAH, Wash., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $21.87 billion for the retail month of November, the four weeks ended December 1, 2024, an increase of 5.6 percent from $20.71 billion last year. For the twelve-week first quarter ended November 24, 2024, the Company reported net sales of $60.99 billion, an increase of 7.5 percent from $56.72 billion last year. Net sales for the first thirteen weeks were $66. ...

Shares of Costco Wholesale Corporation (COST) hit a 52-week high of $983 yesterday, highlighting investor confidence in the company’s business model and performance. This milestone reflects Costco's ability to thrive in a dynamic retail environment, driven by its unmatched value proposition and growing membership base. However, as the stock reaches new highs, the question looms: Should investors hold on for more gains or lock in profits, given its elevated valuation? Costco closed at $982.15 yesterday, just ...

This popular retailer has returned over 250% over the past five years, more than double the S&P 500.Big-box retailer Costco Wholesale (COST 0.31%) has dazzled Wall Street with a breathtaking 250% total return over the past five years, easily trouncing the S&P 500. The company's famously low prices, wide product selection, and popular meal deals (like its $1.50 hotdog) have created a sticky customer base.It's a simple formula that has built Costco's brand and competitive advantages into a juggernaut. I expec ...

Although the Consumer Staples Select Sector SPDR Fund NYSE: XLP has underperformed the broader market this year, with a modest 14.7% YTD gain, momentum appears to be shifting. While the sector lacks the allure of high-growth areas like technology or artificial intelligence, it remains a favorite for long-term investors due to its defensive nature. From a technical perspective, the XLP ETF recently broke above its 50-day and 5-day converging moving averages, signaling renewed upward momentum. As the sector a ...