Costco Delivers Earnings Beat as Digital Sales Jump 20%

Q3 2024Analyst Estimates for Q3 2024Q3 2023Revenue$58.52 billion$57.92 billion$53.65 billionDiluted Earnings per Share$3.78$3.68$2.93Net Income$1.68 billion$1.63 billion$1.3 billion Investors will hear from Costco's new chief financial officer (CFO) in the company's earnings call for the first time Thursday, with former Kroger (KR) CFO Gary Millerchip assuming the role during the latest quarter. Longtime CFO Richard Galanti stepped down from the position in March after a nearly four-decade run as the retail ...