earnings
confidence high
sentiment positive
materiality 0.75
Costco Q2 FY2024 EPS $3.92 (vs $3.30), revenue $57.33B (+5.7% YoY)
COSTCO WHOLESALE CORP /NEW
2024-Q2 EPS reported
$7.49
revenue$116,241,000,000
- Net income $1,743M ($3.92 diluted EPS) vs $1,466M ($3.30) last year; includes $0.21 tax benefit from special dividend deductibility.
- Q2 net sales $57.33B (+5.7% YoY); total company comp sales +5.6% (+5.8% ex-gas/FX).
- E-commerce comp sales +18.4% (+18.2% adjusted), showing strong online growth.
- First 24 weeks net income $3.33B ($7.49 diluted EPS) vs $2.83B ($6.37) last year.
- February net sales $18.21B (+6.9%); 875 warehouses globally.