Costco reports $93.9 billion fiscal Q4 net sales, up 11.3%

  • Costco announced fiscal fourth-quarter net sales of $93.9 billion, up 11.3% year over year.
  • Comparable sales increased 9.4%, while reported net sales were below estimates of $94.82 billion and $94.85 billion.
  • The September 24 full earnings report will detail membership fees, expenses, profit and guidance, including fuel-related costs.

Costco Wholesale announced fiscal fourth-quarter net sales of $93.9 billion, up 11.3% from $86.16 billion a year earlier, while comparable sales increased 9.4%. The reported net sales were below Benzinga Pro’s $94.82 billion estimate and Visible Alpha’s $94.85 billion forecast. Costco’s full earnings report, scheduled for September 24, will disclose membership fees, total revenue, expenses, earnings and additional guidance. Investors are expected to focus on membership growth, comparable sales, margins, fuel prices and consumer spending, with options pricing implying a potential 3% share-price move by the end of the week.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.