Costco Wholesale (NASDAQ:COST) Full Year 2024 Results

Key financial results

• Revenue: $254.5 billion (up 5.0% from fiscal 2023).

• Net income: $7.37 billion (up 17% from fiscal 2023).

• Profit margin: 2.9% (vs. 2.6% in fiscal year 2023). The increase in margin was due to higher sales.

• EPS: $16.60 (vs. $14.18 in fiscal 2023).

COST sales performance

All numbers shown in the chart above are for the most recent 12-month period (TTM).

Costco Wholesale EPS Beats Expectations

Sales were in line with analyst estimates. Earnings per share (EPS) beat analyst estimates by 1.5%.

Looking forward, sales are forecast to grow at an average rate of 6.2% per year over the next three years, compared to a 4.6% growth forecast for the U.S. consumer retail industry.

performance of the American Consumer Retail.

The company’s shares fell 2.4% compared to the previous week.

Risk analysis

However, it’s worth noting what we found 1 Warning Sign for Costco Wholesale that you need to take into account.

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This article from Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts using only an unbiased methodology and our articles are not intended as financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term focused analysis based on fundamental data. Note that our analysis may not reflect the latest price-sensitive company announcements or qualitative material. Simply Wall St has no positions in any stocks mentioned.