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Costco Wholesale Full-Year 2024 Earnings: EPS Beats Expectations

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…

While market capitalization quadrupled, profits only doubled

Do you remember 2016? Barack Obama was in the White House, the Zika virus was the looming threat, Disturbed’s “The Sound of Silence” was raging in the rock charts and Apple –yes, the Apple– was a value stock. In fact,…