Costco Sales, Profit Jump, Boosted By Rising Fees, E-Commerce
Costco reported a profit of $1.8 billion compared with $1.6 billion a year earlier. Revenue came in at $62.2 billion.
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
More shoppers came to Costco stores in the three months ending Nov. 24, just days ahead of Black Friday. The company saw sales up 7.5% over last year.
Costco tops quarterly sales, profit estimates on steady early holiday demand
Costco Wholesale beat first-quarter revenue and profit expectations on Thursday as its bulk and discounted offerings, appealing to budget-conscious American shoppers, drove early holiday-season sales growth for the membership-only retailer.
Costco Earnings Rise in First Quarter Following Fee Increase
Executives at the warehouse-club chain said customers are starting to spend slightly more as inflation comes down, but many are gravitating toward higher and lower price extremes.
Costco's Earnings Top Expectations in First Results Reflecting Membership Fee Hike
Costco Wholesale (COST) reported fiscal first-quarter earnings that beat analysts’ expectations, in its first quarterly results reflecting the impact of its hike in membership fees. The membership-based retailer saw revenue grow 7.
Costco beats on earnings as membership fee hike boosts revenue
Costco topped Wall Street's earnings and revenue estimates. The warehouse club was helped by an increase in its annual membership fee. Costco on Thursday beat Wall Street's quarterly earnings and sales estimates,
Costco posts higher first quarter revenue, profit helped by holiday demand
Costco Wholesale Corp (NASDAQ:COST) reported higher quarterly revenue and better-than-expected profit on Thursday, as budget-conscious consumers turned to its warehouses for low-priced groceries and discretionary items.
Costco earnings top expectations as membership fees climb
Costco (COST) reported better-than-expected earnings on Thursday, fueled by solid revenue growth, strong e-commerce performance, and increased membership fees. The results extend a strong year for the retailer,
Costco’s stock wobbles after retailer reports mixed results
Membership warehouse retailer Costco Wholesale Corp. on Thursday reported quarterly results that were a mixed bag.
What Wall Street Analysts Think of Costco's Stock Ahead of Earnings
Costco Wholesale is scheduled to report earnings for the first quarter of fiscal 2025 after the market closes Thursday, with ...
How Costco Came Up With Its Iconic Name
We've all heard of Costco, and many of us have our own memberships, but what does the name mean and where did it come from?
Why Costco (COST) Is Among the Best Department Store Stocks to Buy Now
We recently compiled a list of the 7 Best Department Store Stocks to Buy Now. In this article, we are going to take a look at ...
Costco: Fiscal Q1 Earnings Snapshot
ISSAQUAH, Wash. (AP) — ISSAQUAH, Wash. (AP) — Costco Wholesale Corp. (COST) on Thursday reported fiscal first-quarter earnings of $1.8 billion. On a per-share basis, the Issaquah, Washington-based ...
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Costco 1Q Sales, Profit Jump, Boosted By Rising Fees, E-Commerce - Update
Costco Wholesale posted higher sales in its latest quarter, where it saw a split customer base willing to pay the highest and lowest prices. Executives at the warehouse-club chain said that ...