Costco Q1 FY2023 net sales up 8.1% to $53.44B; EPS of $3.07 vs $2.98

COSTCO WHOLESALE CORP /NEW

2023-Q1 EPS reported $3.07 revenue$54,437,000,000

Net sales $53.44B, +8.1% YoY; net income $1,364M, +3.0% YoY.
Diluted EPS $3.07; includes $0.15 charge for charter shipping downsizing and $0.12 tax benefit.
Total comparable sales +6.6% (adjusted +7.1%), U.S. +9.3% (+6.5% ex gas/FX); Canada +2.4% (+8.3% adjusted).
Operates 847 warehouses; e-commerce down 3.7% (adjusted -2.0%).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COSTCO WHOLESALE CORP /NEW reported first quarter (twelve weeks) of fiscal 2023, ended November 20, 2022 results: revenue $53.44 billion, net income $1,364 million, EPS 3.07 per diluted share.

Period: first quarter (twelve weeks) of fiscal 2023, ended November 20, 2022
Revenue: $53.44 billion
Net income: $1,364 million
EPS: 3.07 per diluted share
Result: reported results

Exact text from the filing

Net sales for the first quarter increased 8.1 percent, to $53.44 billion, from $49.42 billion last year.

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Source: SEC EDGAR

accession 0000909832-22-000029

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