What You Need To Know Ahead of Costco's Earnings on Thursday

Costco Key StatsAnalysts' Estimatefor Q2 FY 2024Q1 FY 2024Q2 FY 2023Net Income$1.62 billion$1.59 billion$1.47 billionEarnings Per Share$3.62$3.58$3.30Revenue (Net Sales)$57.88 billion$56.72 billion$54.24 billion The Key Metric: Memberships Essential to Costco's continued fiscal growth is its membership fee model. The company charges fees to members at multiple tiers in order to access its warehouses and ecommerce offerings. Costco has strong brand loyalty among members, with a 92.7% renewal rate in the U ...