- Costco’s 4Q EPS: $5.29, beating the estimate of $5.07 (previous year: $4.86).
- Total company comparable sales (including gas and currency): +5.4% (estimate: +4.27%, previous year: +1.1%).
- US comparable sales: +5.3% (estimate: +5.14%).
- Canada comparable sales: +5.5% (estimate: +5.41%).
- International comparable sales: +5.7% (estimate: +6.52%).
- Total company comparable sales excluding fuel, in constant currency: +6.9% (estimate: +6.4%).
- US comparable sales excluding fuel and currencies: +6.3% (estimate: +5.96%).
- Canada comparable sales excluding gas and FX: +7.9% (estimate: +7.35%).
- International comparable sales excluding fuel and currencies: +9.3% (estimate: +8.63%).
- Total revenue: $79.70 billion, up by 1% year-over-year (estimate: $79.96 billion).
- Net sales: $78.19 billion, up by 1% year-over-year (estimate: $78.59 billion).
- Membership fees: $1.51 billion, up by 0.2% year-over-year (estimate: $1.54 billion).
- Analyst Ratings: 26 buys, 18 holds, and 1 sell.
Costco Wholesale on Smartkarma
Analyst coverage of Costco Wholesale on Smartkarma indicates a positive outlook on the company’s performance. Baptista Research‘s report titled “Costco Wholesale Corporation: A Tale Of Value and Engagement through Core-on-Core Strategy! – Major Drivers” highlights the consistent growth and effective strategies driving member engagement and loyalty. Despite the absence of immediate plans for a membership fee increase, the company reported a significant increase in net income for the third quarter of 2024, reflecting confidence in Costco’s business performance.
In another report by Baptista Research titled “Costco Wholesale Corporation: Are Its Efforts With Respect To E-commerce Penetration & Delivery Expansion Working Well? – Major Drivers,” Costco’s second quarter fiscal year 2024 earnings showcased strong financial performance and operational changes. CFO Richard Galanti expressed optimism for the company’s future, emphasizing specific accomplishments and future plans. The fiscal perspective reveals a notable growth in net income, underlining Costco’s continued success in adapting to evolving market trends.
A look at Costco Wholesale Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Costco Wholesale Corporation, a global wholesale membership warehouse operator, continues to show promising long-term potential based on its Smartkarma Smart Scores. With solid scores in Growth, Resilience, and Momentum, the company is positioned for sustained success. A high Growth score reflects Costco’s potential for future expansion and revenue growth, while strong Resilience and Momentum scores indicate its ability to weather challenges and maintain positive market momentum.
While the Value and Dividend scores are moderate, Costco’s strengths in Growth, Resilience, and Momentum suggest a bright long-term outlook. The company’s diverse product range spanning from food to electronics, coupled with its strong operational performance, bodes well for its future growth and stability in the wholesale industry. With a focus on customer satisfaction and efficient operations, Costco Wholesale is well-positioned to continue its success in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
