Revenue segments as reported by the company.

Net Sales

Membership Fees

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Preopening expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Costco

"Kirkland Signature" is Costco's private label. It is sold by Costco at their website and warehouses, and is trademarked by the company. The name is derived from the location (from 1987 to 1996) of Costco's corporate headquarters, Kirkland, Washington. Costco introduced Kirkland Signature as its private label in 1992. The idea was to provide brand name quality products at discounted prices. To counteract the consumer confidence problem common in store branding, Kirkland Signature occasionally employs co-branding. According to Costco, while consumers may be wary of same-store-branding, they are less likely to be wary of brands that they are familiar with and trust.

Kirkland Signature

Costco Wholesale Corp. engages in the provision of operation of membership warehouses through wholly owned subsidiaries. It operates through the following geographical segments: United States, Canada, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Costco reports mixed Q1 earnings, eyes growth in China

Costco's Q1 earnings reflect a mixed performance, with a decrease in net income and diluted earnings per share, but an increase in net sales and membership fee income. The company faces challenges in certain categories and e-commerce sales, but is focused on driving business in-store and improving digital capabilities. Costco is optimistic about growth opportunities in international markets, particularly in China.

Costco reports robust Q2 earnings, eyes international expansion for growth

Costco's Q2 2023 performance showcased strong financial results, driven by sales growth and membership fee income.
While facing challenges in e-commerce and margin declines, Costco's focus on efficiency and cost management is key.
The company's strengths in sales growth, membership loyalty, and cost advantages position it well for future opportunities.
With plans for international expansion and strategic cost-saving initiatives, Costco aims to sustain growth and competitiveness.

Costco reports solid Q3 earnings, eyes growth in Asia

Costco delivered strong financial performance in Q3 2023, driven by increased net sales and membership fee income.
While facing challenges like declining e-commerce sales and inflation, Costco's focus on quality goods and strategic initiatives positions it well for growth.
Opportunities in digital investments, inventory management, and international expansion offer avenues for future expansion and revenue growth.
Overall, Costco's solid earnings, customer loyalty, and competitive positioning indicate a resilient and promising outlook for the company.

Costco reports robust Q4 earnings, eyes expansion and digital growth

Costco's Q4 2023 performance reflects solid financial results, strong customer retention, and ongoing investments in digital initiatives to enhance the customer experience.
The company's competitive wages, rich benefits, and operational strengths position it well in the market, while challenges like managing inflation and digital advancements require continued focus.
Opportunities for expansion, leveraging profitable segments, and enhancing customer engagement through digital platforms present avenues for future growth and value creation.
Costco's commitment to balancing financial stability, customer satisfaction, and shareholder value underscores its strategic approach to sustainable growth and market leadership.

Costco posts robust Q1 earnings, eyes international expansion for growth

Costco's Q1 fiscal '24 performance reflects strong sales, membership growth, and operational improvements, despite challenges from inflation and operating expenses.
The company's focus on value, trust, and personalized offerings, along with international expansion plans, positions Costco for continued growth and revenue enhancement.
Efforts to drive e-commerce sales, improve membership engagement, and manage operational challenges will be key focus areas for Costco in the coming quarters.
Balancing cost pressures with revenue growth strategies will be crucial for Costco to sustain its financial performance and member loyalty in a competitive retail landscape.

Costco reports robust Q2 earnings, eyes e-commerce expansion and value focus

Costco's Q2 2024 performance reflects strong financial results, driven by sales growth, membership strength, and e-commerce expansion. While facing challenges such as inflation impacts and membership sharing concerns, the company's focus on value and operational efficiency positions it well for future growth. Costco's strategic initiatives in e-commerce, customer acquisition, and product offerings present promising opportunities for continued success.

Costco reports robust Q3 earnings, eyes growth through digital innovation

Costco's Q3 performance reflects strong financial results, high member engagement, and strategic growth initiatives driving profitability.
While facing challenges in certain segments like gas profitability and flat food sales, Costco's focus on digital innovation and member value enhancement positions it well for future growth.
Opportunities in unit growth, curated marketplaces, and operational enhancements present avenues for Costco to sustain its market leadership and drive continued success.

Costco reports strong Q4 earnings, eyes e-commerce growth opportunities

Costco's Q4 2024 performance showcased solid revenue growth, driven by strong net income, sales, and membership fees, despite some challenges in profitability.
The company's strengths lie in high membership renewal rates, core merchandising focus, and improving e-commerce profitability, while facing challenges in deferred fee impacts and interest income decline.
Opportunities for Costco include expanding e-commerce and core sales, leveraging consumer trends, and exploring new markets for sustained growth and diversification.
To maintain growth momentum, Costco must address challenges in cost management, revenue realization, and investment optimization while capitalizing on emerging opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Microsoft

NIKE

Microsoft's broad and diverse business gives it plenty of long-term growth opportunities. Costco's ability to attract customers despite an array of economic challenges demonstrates the brand's strength.

3 Buffett-Type Stocks That Aren't in Berkshire's Portfolio

Apple

Accenture Plc

Automatic Data Processing

Arthur J. Gallagher & Co.

A. O. Smith

Air Products and Chemicals

Amphenol

Atmos Energy

American States Water

Becton, Dickinson and Co.

Brown & Brown

Chubb

Colgate-Palmolive

Comcast

Canadian National Railway Company

Cencora Inc

Cisco Systems

Cintas Corp

California Water Service Group

Fastenal

Franklin Electric

General Dynamics

Graco

This article updates one I wrote in August 2022, which was based on a template article by David Van Knapp published in June 2020. I use an adapted quality scoring system to assess the quality of dividend growth stocks. The system employs six quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 30 points.

The Highest Quality Dividend Growth Stocks In 2024

Casey's General Stores

Kroger

Blue-chip stocks are associated with well-established, financially stable companies that have a track record of earnings growth and pay dividends to shareholders. These are not high-flying start-up companies that are racking up debt as they grow exponentially and race to grab market share from competitors.

3 Unshakeable Blue-Chip Stocks to Own Through Any Market

Costco's growth has been strong even after the pandemic. It should raise subscription fees soon.

Costco Is Up 32% in 2024: Could the Stock-Split Candidate Hit $1,000 per Share by the End of the Year?

Walmart

Amazon

Alphabet

These Stocks Hit All-Time Highs Friday As S&P 500 Set New Record, From Apple To Walmart

Chipotle

Home Depot

Consumer-centric companies are generally volatile buys for the long term. While consumer spending is a big focus in the U.S. because it is a great macroeconomic indicator, several factors impact it.

The Three Best Consumer Stocks to Buy in July 2024

Costco stock rallied just shy of 29% in the first six months of 2024, compared to a 14.5% jump for the S&P 500. The retailer has a long history of success, but the stock's valuation indicates a historically high price tag.

Costco Stock Trounced the S&P 500 in the First Half of 2024, but Can It Keep the Momentum Up for the Next 6 Months?

Costco's business has performed well despite unfavorable economic conditions. Other retailers are struggling, but Costco's growth rate remains strong.

This Metric Shows Why Costco Is the Best Retail Stock to Own

Johnson & Johnson

PepsiCo

Procter & Gamble

When you're still years away from retirement, you want to ramp up your portfolio to target growth-oriented enterprises. At the same time, there's a lot of comfort and confidence in so-called cash cows.

7 Blue-Chip Cash Cows to Milk for Steady Income

Costco (COST) boasts high membership renewal rates, often exceeding 90%, which indicates strong customer loyalty and a steady stream of recurring revenues.

Costco (COST) Up 30% in 1H: How Should Investors Play in 2H?

Target

With a new month and quarter kicking off, now is a good time for investors to reassess their portfolios.

2 Big-Box Retail Stocks to Target in July

CrowdStrike

The Nasdaq has more than 2,500 companies in its exchange. While the Nasdaq has performed well, investors enjoyed higher returns with the Nasdaq 100.

The 3 Smartest Nasdaq Stocks to Buy With $500 Right Now

Costco's evergreen business model will help it keep growing in this tough environment. Walmart's scale and diversification make it a top retail stock to own now.

3 Dividend Stocks That Could Beat the S&P 500 in the Second Half of 2024

American Water Works

Lockheed Martin

Paychex

Texas Roadhouse

Visa

If building multi-generational wealth is one of your investment objectives, you may consider buying growth stocks for the long-term portfolio. Multi-generational wealth may sound like something you need a large amount at the start to build, but with long-term compounding, you can snowball a relatively small initial investment into a small fortune.

7 Growth Stocks That Could Make Your Grandchildren Rich

Cava Group, Inc.

Apple's planned integration of AI into its product lineup provides a new catalyst for demand. The low-cost wholesale nature of Costco's business makes it a compelling play in any economy.

3 Excellent Stocks That Can Beat the S&P 500

Costco seems like a typical big-box general merchandise retailer on the surface, but its business model is unique. Higher net sales support this company's powerful scale advantages.

Does the Secret to Costco's Success Make the Stock a No-Brainer Buy?

Amazon is a behemoth in both e-commerce and tech -- and it's still growing. Walmart's low prices and massive store network make it a defensive stalwart.

Buy, Sell, Hold: Amazon, Costco, and Walmart Stock Edition

Costco's membership model and low prices keep shoppers shopping. The giant retailer is opening stores at a steady pace in the U.S. and abroad.

Is Now the Worst Time to Buy Costco Stock?

Finding investment ideas can be as simple as looking at the places where you spend your money. Costco's membership-based business model has supported its strong financial performance.

2 Millionaire-Maker Retail Stocks

Costco's strong financial performance amid periods of macro headwinds is encouraging. The stock trades now at one of its highest P/E ratios ever.

Can Costco Become a Trillion-Dollar Stock By 2030?

Costco is one of the best-run retailers and can probably maintain its current growth pace for decades. Profit growth remains strong, but the pace of revenue increases has slowed from past years.

Costco Stock Is Up by Around 30% in the First Half of This Year. Can the Growth Continue in the Second Half of 2024?

The key to building wealth is buying great stocks and holding them for the long term. You don't have to chase the next big thing to find a millionaire-maker stock.

4 Stocks That Turned $1,000 Into $1 Million (or More)

MercadoLibre

Uranium Energy

Despite some headwind macro signals, such as decreased GDP growth and downward jobs data revisions, expectations are still high for the stock market by the end of 2024, making it an ideal time to identify the best stocks to buy. At 41.6%, the allocation of U.S. households in the stock market is at an all-time high.

3 Stocks to Buy Before the Coming Boom: June Edition

Chewy

Darden Restaurants

e.l.f. Beauty

Five Below

While the economy may have bounced back on paper from the COVID-19 disaster, it's increasingly looking like we're headed toward a K-shaped recovery. Per Investopedia, this phenomenon refers to a recovery following a recession (or in this case an acute emergency) where “only certain sectors, industries, or areas of the economy recover.

7 Consumer Cyclical Stocks to Buy for the Starkly Lopsided Recovery

News for Costco Stock (COST)