Costco Q1 net sales $56.72B (+6.1%), EPS $3.58; announces $15 special dividend

COSTCO WHOLESALE CORP /NEW

2024-Q1 EPS reported $3.58 revenue$57,799,000,000

Q1 net sales $56.72B (+6.1% YoY); total company comparable sales +3.8% (adjusted +3.9%).
Net income $1.589B, diluted EPS $3.58 vs $3.07 last year; includes $0.10/share tax benefit.
Special cash dividend of $15/share declared; payable Jan 12, 2024 to holders of record Dec 28, 2023; aggregate ~$6.7B.
Operates 871 warehouses; e-commerce sites in US, Canada, UK, Mexico, Korea, Taiwan, Japan, Australia.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

COSTCO WHOLESALE CORP /NEW reported first quarter (twelve weeks) of fiscal 2024, ended November 26, 2023 results: revenue net sales of $56.72 billion, net income $1,589 million, EPS $3.58 per diluted share.

Period: first quarter (twelve weeks) of fiscal 2024, ended November 26, 2023
Revenue: net sales of $56.72 billion
Net income: $1,589 million
EPS: $3.58 per diluted share
Result: reported results

Exact text from the filing

For the first quarter the Company reported net sales of $56.72 billion, an increase of 6.1 percent from $53.44 billion for the first quarter of fiscal year 2023, ended November 20, 2022.

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Source: SEC EDGAR

accession 0000909832-23-000062

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