Costco Wholesale is a membership-based warehouse club that offers a wide range of products, including groceries, electronics, clothing, and household goods, at competitive prices
The company operates large retail locations where members can purchase bulk items, benefiting from lower prices due to the efficient supply chain and membership model. In addition to its physical stores, Costco provides a range of services, such as a pharmacy, optical department, and a food court, further enhancing the value proposition for its members. Through its commitment to quality and customer satisfaction, Costco has established a loyal customer base and a strong presence in the retail market.
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The expectation is that Q1 earnings will be up +6.2% from the same period last year on +3.8% higher revenues, which would follow the +14.6% earnings growth on +5% revenue gains in the preceding period.
Shares of membership-only discount retailer Costco (NASDAQCOST)
fell 6.6% in the morning session after the company reported weak fourth quarter results: its operating margin showed no expansion year on year, and its EPS missed. The standout result for the quarter was a 9.1% increase in sales, fueled by an 8.3% gain in U.S. comparable sales and a strong 20.9% surge in e-commerce sales. International markets saw weaker gains, with Canada up just 4.6% and other regions lagging further behind.
Looking ahead, Costco's strong e-commerce momentum and resilient U.S. sales should position it well against broader retail headwinds. Overall, this was a mixed quarter, given the limited profit gains.
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Stay tuned for the market movements in the S&P500 index on Friday. Check out the gap up and gap down stocks in the S&P500 index during today's session.
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All three major indices were red in Friday’s midday trading, with the S&P 500 and Nasdaq 100 down 1% and 1.24%, respectively, and on track for their worst weeks since September 2024.
Costco Wholesale Corporation (NASDAQCOST) shares are falling Friday after the company reported second-quarter fiscal 2025 earnings that fell short of expectations.
Membership-only discount retailer Costco (NASDAQCOST) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 9% year on year to $63.72 billion. Its GAAP profit of $4.02 per share was 2.1% below analysts’ consensus estimates.
