Costco Wholesale (NASDAQ:COST) Issues Quarterly Earnings Results
Revenue beat estimates as e-commerce grew 19.5%, but membership fee revenue rose just 7.3% for a third straight quarter of slowing growth.
- Costco reported fourth-quarter revenue of $95.7 billion, an 11.1% increase that beat estimates, while earnings per share rose 15% to $6.75 including a $0.15 tariff refund benefit.
- Catering to higher-income consumers less sensitive to inflation, Costco maintains a resilient business model that delivers strong results even as retail peers struggle with economic headwinds.
- Comparable sales rose 6.7% adjusted for fuel and foreign exchange, while e-commerce growth remained strong at 19.5%, though membership fee revenue growth slowed to 7.3%.
- Compared to Walmart, Costco maintains a higher valuation at a price-to-earnings ratio of 39 versus Walmart's 39, reflecting market confidence in its business model despite retail pressures.
- Globally, Costco retains significant expansion runway with fewer than 1,000 stores, having proven popular in markets like Canada and China, supporting long-term growth potential.
16 Articles
16 Articles
Costco tops estimates as discount gas, bulk deals draw inflation-weary shoppers
Costco Wholesale beat quarterly estimates on Thursday, recording strong comparable sales growth as inflationary pressures drove consumers to its discount gas stations and boosted demand across its warehouses. The warehouse retailer reported fourth-quarter adjusted earnings per share of $6.60, excluding a one-time 15-cent benefit from tariff refunds, beating analysts’ estimates of $6.53, according to LSEG […]
Costco Wholesale's quarterly profit exceeded expectations on Thursday (24), as the retailer faced economic difficulties and, yet, managed to increase its profitability. Exclusive material for subscribers. To have full access, access the link of the material and register.
Costco Stock Slips Premarket as Analysts Reset Targets After Q4 Beat
Costco Wholesale Corp. (NASDAQ: COST) delivered a fiscal fourth-quarter earnings beat that remained intact after stripping out a one-time tariff-refund benefit, while seven of eight Friday analyst actions lowered their price targets after the report.Visit Website
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