Costco Q3 earnings preview: Another quarter of growth expected as shoppers continue to prize value https://t.co/cn7KDBRU4M by @BrookeDiPalma
Costco double beats with comp sales ex-fuel & FX for Q3 FY 24 of: —U.S: +6% —Canada: +7.4% —E-commerce: +20.7% —Total: +6.5% $COST: -1.9% AH https://t.co/ZDzjlu9Obm https://t.co/cW8FapTbLO
$COST Q3 2024 GAAP EPS $3.78 Beats $3.70 Estimate Net Sales $58.52B Beat $58.07B Estimate https://t.co/gZIFtDbcSy


Costco reported its Q3 2024 earnings, showing strong performance that exceeded Wall Street expectations. The company posted a GAAP EPS of $3.78, surpassing the estimated $3.70. Net sales reached $58.52 billion, beating the forecasted $58.07 billion. Additionally, comparable sales excluding fuel and foreign exchange impacts grew significantly: U.S. sales increased by 6%, Canadian sales by 7.4%, and e-commerce sales surged by 20.7%, contributing to an overall growth of 6.5%. Despite these positive results, Costco's stock fell by 1.9% in after-hours trading. Previous quarter earnings included an EPS of $3.71 and revenue of $58 billion.