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What You Need To Know Ahead of Costco's Earnings
COSTCostco(COST) investopedia.com·2024-05-23 23:15

Analyst Estimates for Q3 2024Q2 2024Q3 2023Revenue57.89billion57.89 billion58.44 billion53.65billionDilutedEPS53.65 billionDiluted EPS3.673.923.922.93Net Income1.63billion1.63 billion1.74 billion1.3billionKeyMetric:MembershipsCostco,likeotherwarehouseretailersincludingBJsWholesaleClub(BJ)andWalmarts(WMT)SamsClub,usesmembershipstoprovideaccesstoitsstores,whichhelpsCostcogeneraterevenuebeforeashoppersetsfootinthestore.Since2017,Costcomemberships,whichcomeintwopricetiers,havecost1.3 billion Key Metric: Memberships Costco, like other warehouse retailers including BJ's Wholesale Club (BJ) and Walmart's (WMT) Sam's Club, uses memberships to provide access to its stores, which helps Costco generate revenue before a shopper sets foot in the store. Since 2017, Costco memberships, which come in two price tiers, have cost 60 per year ...