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Costco(COST) - 2025 Q2 - Quarterly Results
COSTCostco(COST)2025-03-06 21:21

Financial Performance - Net sales for the second quarter increased by 9.1% to 62.53billion,comparedto62.53 billion, compared to 57.33 billion last year[2] - Net income for the quarter was 1,788million,or1,788 million, or 4.02 per diluted share, up from 1,743million,or1,743 million, or 3.92 per diluted share, last year[3] - Comparable sales for the second quarter showed a total company increase of 6.8%, with U.S. sales up 8.3% and e-commerce sales up 20.9%[2] - For the four-week reporting month of February, net sales were 19.81billion,anincreaseof8.819.81 billion, an increase of 8.8% from 18.21 billion last year[4] - Total revenue for the first 24 weeks was 125.87billion,ariseof8.3125.87 billion, a rise of 8.3% from 116.24 billion last year[10] - Operating income for the quarter was 2.316billion,comparedto2.316 billion, compared to 2.062 billion last year[10] Membership and Fees - Membership fees for the quarter increased to 1.193billion,upfrom1.193 billion, up from 1.111 billion last year[10] Cash and Assets - Cash and cash equivalents at the end of the period were 12.356billion,comparedto12.356 billion, compared to 9.906 billion at the beginning of the year[14] - The company reported a net cash provided by operating activities of $6.008 billion for the first 24 weeks[14] Operations - Costco operates 897 warehouses globally, with 617 located in the United States and Puerto Rico[5]