Costco reports mixed Q4 results as revenue falls short of estimates

investing.com 26/09/2024 - 20:26 PM

Investing

Costco reported mixed fiscal fourth-quarter results with earnings exceeding expectations, but revenue falling short.

Costco Wholesale Corp (NASDAQ:COST) shares declined less than 1% in after-hours trading.

Financial Highlights

  • Earnings: $5.29 per share
  • Revenue: $79.69 billion
  • Analyst Estimates: Earnings of $5.08, Revenue of $79.93 billion

Sales Performance

  • Adjusted Comparable Sales: 6.9%
    • U.S.: 6.3%
    • Canada: 7.9%
    • International: 9.3%

E-commerce Growth

  • Adjusted comparable sales for e-commerce rose by 19.5% in the quarter.



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