earnings
confidence high
sentiment positive
materiality 0.80
Costco Q3 net sales $57.4B (+9.1%), diluted EPS $3.78, e-comm comp sales +20.7%
COSTCO WHOLESALE CORP /NEW
2024-Q3 EPS reported
$11.27
revenue$174,756,000,000
- Net income $1.68B, $3.78 per diluted share, vs $2.93 last year (includes $0.50 charge in prior year).
- Total company comparable sales +6.6% (+6.5% adjusted); US +6.2%, Canada +7.7%, Other Intl +7.7%.
- E-commerce comparable sales +20.7% (adjusted +20.7%); top categories: appliances, gold/silver, gift cards.
- Membership income +7.6% (+8.0% ex-FX); paid members 74.5M (+7.8%), renewal rate 90.5% worldwide.
- Added 10 new warehouses in Q3; total 878 globally; plans 14 more in rest of fiscal 2024.