
Costco Wholesale Corporation reported its Q4 2024 earnings, showing a mixed performance. The company posted an earnings per share (EPS) of $5.29, surpassing analysts' estimates of $5.08, marking an 8.8% year-over-year increase. However, revenue fell short of expectations, coming in at $79.7 billion compared to the anticipated $79.97 billion. Net sales for the quarter were $78.2 billion, a 1.0% year-over-year increase. The company's net income was reported at $2.35 billion, exceeding the estimated $2.26 billion. Despite the revenue miss, Costco's operating margin improved to 3.9%, above the expected 3.7%. Membership fees totaled $1.51 billion, slightly below the $1.6 billion estimate. Annual net sales grew by 5.0% to $249.6 billion. Following the earnings report, Costco's stock declined by 1.1% in after-hours trading. The company has a 45% beat rate and previously reported EPS of $5.14 last quarter.




















Costco's Q4 earnings report shows a 9% earnings rise but misses revenue estimates. Stock dips 2.6% amid high valuation concerns. #Costco #Earnings #Stockmarkets https://t.co/2158OF01sJ
Costco Posts Major Earnings Beat, But Misses On These Metrics https://t.co/VmSeAcbY1s
Costco $COST has released its quarterly earnings. Revenue of $79.70B (+0.96% YoY) misses by $273M. EPS of $5.15 (+5.97% YoY) beats by $0.07.