---
schema_version: "secwatch.filing_event.v1"
accession: "0000909832-22-000029"
form_type: "8-K"
ticker: "COST"
cik: "0000909832"
company_name: "COSTCO WHOLESALE CORP /NEW"
filed_at: "2022-12-09T23:59:59+00:00"
generated_at: "2026-06-21T07:12:49.917751+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%).

## SEC filing metadata
- accession: 0000909832-22-000029
- form_type: 8-K
- ticker: COST
- cik: 0000909832
- company_name: COSTCO WHOLESALE CORP /NEW
- filed_at: 2022-12-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909832/000090983222000029/0000909832-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909832/000090983222000029/cost-20221208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000909832-22-000029
- JSON: https://secwatch.observer/filing/0000909832-22-000029.json
- Plain text: https://secwatch.observer/filing/0000909832-22-000029.txt

## Key facts
- Earnings Releases
  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
  source text: Net sales for the first quarter increased 8.1 percent, to $53.44 billion, from $49.42 billion last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/909832/000090983222000029/0000909832-22-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.