Costco Q2 net sales up 16.1% to $50.94B; diluted EPS $2.92 vs $2.14

COSTCO WHOLESALE CORP /NEW

2022-Q2 EPS reported $5.90 revenue$102,267,000,000

Net income $1.299B, up from $951M a year ago; last year included $0.41 EPS COVID wage costs.
Total company comparable sales rose 14.4% (adjusted 11.1%); US comps up 15.8% (adjusted 11.3%).
February net sales $16.29B, +15.9% YoY; Lunar New Year shift negatively impacted Other International ~4%.
First 24-week net sales $100.35B (+16.4%); net income $2.62B ($5.90 diluted EPS).
Warehouse count 828 globally; e-commerce comparable sales +12.5% in Q2.

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