Costco Wholesale Reports Strong 3Q Earnings, EPS Up From Last Year

• Costco reported 3Q EPS of $2.93, compared to $3.04 year-over-year.
• Total company comparable sales, including gas and currency, increased 4%, compared to the 2.91% estimated.
• US comparable sales increased 4.9%, compared to the estimated 2.44%.
• Canada comparable sales increased 1.6%, compared to the estimated 1.3%.
• International comparable sales increased 1.6%, compared to the estimated 4.48%.
• Total company comparable sales excluding fuel, in constant currency, increased 3.5%, compared to the estimated 4.28%.
• US comparable sales excluding fuel, currencies increased 1.8%, compared to the estimated 3.48%.
• Canada comparable sales excluding gas, FX increased 7.4%, compared to the estimated 4.75%.
• International comparable sales excluding fuel, currencies increased 8.4%, compared to the estimated 6.65%.
• Total revenue increased 2% year-over-year to $53.65 billion, compared to the estimated $54.66 billion.
• Net sales increased 1.9% year-over-year to $52.60 billion, compared to the estimated $53.83 billion.
• Membership fees increased 6.1% year-over-year to $1.04 billion, compared to the estimated $1.05 billion.

A look at Costco Wholesale‘s Smart Scores

Costco Wholesale Corporation, a multinational retailer with warehouses in multiple countries, has a long-term outlook that is looking positive. It is highly valued by investors, receiving a score of 2 out of 5 on the Smartkarma Smart Scores. It has a low dividend score of 1 out of 5, but its growth score of 4 out of 5 shows that the company is growing steadily. Its resilience and momentum scores of 4 and 3 out of 5 respectively indicate that Costco Wholesale is well-positioned to weather any economic downturns and remain competitive in the long-term.

Costco Wholesale Corporation is a leader in the retail industry, offering a wide variety of products including food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, and more. With its strong long-term outlook, the company is well-positioned to continue to grow and remain competitive for many years to come.

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